Fraud and Corruption Prevention in Contracts and Purchasing

Duration: 60 Minutes
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The old saying "An ounce of prevention is worth a pound of cure" is particularly applicable to procurement activities where fraud and corruption can raise not only the costs and risks of doing business but also jeopardizes the reputation of the organization and even the safety of employees and the general public.
Fraud and Corruption Prevention
Instructor: Robi Bendorf
Product ID: 503405
Objectives of the Presentation
  • Common Business Values
  • Influences that cause Corruption
  • Examples of types of Internal Fraud Related to Contracts and Purchasing
  • Examples of Types of External Fraud Related to Contracts and Purchasing
  • Stages of the Procurement Process where Fraud can occur
  • Steps in Corruption Prevention
Why Should you Attend
More people throughout the world are rejecting the notion that fraud and corruption are inevitable. As a result, many organizational leaders have launched efforts to prevent fraud and corruption both internally and on the part of their contractors and suppliers in contracting and purchasing activities. This webinar presents causes, types of fraud, and recommends steps for prevention.

Areas Covered
  • Meaning of Trust
  • Defining Fraud and Corruption
  • Fraud in the Inducement
  • Influences that Cause Fraud and Corruption
  • Organizational Weakness that contribute to Fraud
  • Stages of Procurement Process where Fraud and Corruption can occur
  • Duties of Employees Acting as Agents
  • Internal Fraud And Corruption examples
  • External types of Fraud and Corruption examples
  • Major Steps in Effective Prevention
Who will Benefit
Managers involved in projects, contracts, purchasing, operations, maintenance, engineering, quality, finance, and other company activities that expose them or their staff's to contractors and suppliers where there is a potential for fraud and corruption to occur.
$300
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Live Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • The webinar joining link, username and password for joining the webinar will be updated on your OCP Account 24 hours prior to the webinar
  • Presentation handouts in Downloadable PDF format will be updated on your OCP Account 24 hours prior to the live session
  • Login to the audio conference on the scheduled date and time
  • Get answers to your queries through interactive Q&A sessions via chat at the end of the session
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account 24 hours after the completion of the session
  • Please let us know your thoughts and views at the end of the webinar, your valuable feedback will help us improve
Recorded Session - How it works
  • Login to onlinecompliancepanel with your registered username and password https://www.onlinecompliancepanel.com/login
  • Upon purchase of the recorded session a link will be updated on your OCP Account within 24 hours
  • Please click on the link to access the Recorded Session
  • Presentation handouts in downloadable PDF format will be updated on your OCP Account within 24 hours of the purchase of the product
  • Download the Certificate of Attendance and Purchase Invoice from your OCP Account after 48 hours of the product Purchase
  • Please share your valuable Feedback at the end of the session
Instructor Profile:
Robi Bendorf, CPSM, MCIPS, C.P.M., M.ED, has over 40 years of purchasing and sales experience, involving domestic and international activities for a broad range of manufacturing and service businesses. As President of Bendorf & Associates he has extensive experience in consulting & training in purchasing, contracts, reengineering the supply management process, the management of procurement functions, global sourcing of materials and components, reducing cost of purchased materials and services, and negotiation of complex transactions and contracts.

He has given presentations on numerous purchasing and contract management topics for the "Institute for Supply Management (ISM)", major universities, and numerous in-house seminars for industrial & services clients in the US and over 200 public seminars internationally. He is the contributor of articles published in Purchasing Today and Inside Supply Management. Robi was selected as ISM's National Person of the Year in both Global Resources and in Education/Learning.

Robi has an undergraduate degree from the University of Texas, and a Masters Degree from Penn State University.
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