Government vendors have larger and more contractual requirements which can lead to greater need for vendor audits. Join this session to explore how vendors are audited to make sure they provide the government with the full contracted services and ultimately protecting taxpayer dollars.
Without proper documents being required by the contract, it is hard to hold vendors accountable for services needing provided under contracts. Clear contractual language and monitoring helps facilitate a positive interaction with the vendor with accountability.
Learn how to audit vendors through:
1. Ensuring contract language is appropriate and effective
2. Access the strength of current vendor contracts and needed contract revisions
3. Minimization of change orders or increased scope of services
4. Monitoring vendor performance
5. Auditing invoices for compliance to contractual requirements
6. Applying the most effective audit tests for detection of potential fraud