Have you ever been asked to review procurement practices for your organization or as a third party? Procurement is prone to corruption and bribery and can cost large organizations millions of dollars annually. Here I shed light on some of the best tools and techniques fraud examiners can use to combat procurement fraud. Throughout my 10-year career, I’ve detected and investigated more than 50 cases of fraud and abuse for large private and publicly listed companies. In this column, I cover an example of procurement fraud associated with outsourcing decisions...