Best practices are specific, discrete ministry activities that measurably increase program scale, effectiveness, and/or efficiency, and can be replicated by other National Ministries. Best practices should be supported by evidence (data).
Developing a written procurement policy is a necessary control for your ministry – laying out guidelines to follow when purchasing and minimizing risk of fraud. Corruption is the number one fraud scheme that affects non-profits – examples include purchasing schemes, invoice kickbacks, bid rigging, etc.
A procurement policy clarifies the roles, decision-making processes, authority, and responsibilities for procurement. As with other policies, the goal of the procurement policy is to provide structure and consistency.
A procurement policy is:
1. Human Resources