At Procurementexpress.com we’ve been saying that Purchase Orders (POs) prevent fraud for months. The conversation usually goes,
Potential customer: “So why should I buy your product?”
Procurementexpress.com: “Well, Purchase Orders help to improve your financial controls, stop purchasing errors and help to combat fraud”
We know this to be true, it stands to reason doesn’t it? Improve your financial controls and you’ll improve your ability to spot fraud.