Is Your Council Audit Ready?
This year, it's estimated that spending errors and procurement fraud will cost UK councils up to £2.75 billion. According a 2020 MCHLG report, it is up to individual Procurement and Fraud officers in UK councils to implement controls that prevent council overspending, fraud and corruption.
MHCLG Anti-Corruption Report Summary
Councils in the UK currently spend over £55 billion each year so they are easy targets for fraudsters
Funds are Wasted
Up to 5% of UK council income is wasted due to irresponsible spending errors and fraud
Fraud is Rife
23% of councils detected a case of fraud in 2018, but it is understood that this only the tip of the iceberg
Councils must watch out
Procurement and finance teams in councils now have a responsibility to crush fraud
Is your Local Authority Drowning in Administration?
The MHCGL cross-government anti-corruption strategy provides a framework to help UK councils and local authorities reduce spending errors and tackle corruption. The reality is that many councils are drowning in administration that makes it impossible for their finance teams to truly control and manage spend.
At ProcurementExpress.com we’re actively helping a number of councils across the UK to get better visibility of their spending and highlight procurement risks in their organisations.
Red flags that Councils must watch out for
If you're just starting out, we've identified four red flags that all finance and procurement managers in UK councils must watch out for. This e-book covers everything from identifying inappropriate spending to dealing with petty cash issues.
Whether you feel your council's spending is under control or not, dig into this free resource to stay accountable and save your department hours every week.
Real-Life Procurement Horror Stories
The best way to start managing your council's spend is to learn from the stories that other Local Authorities and Councils have shared with us. We'll be looking at everything from councils that failed to carry out due diligence when choosing key suppliers to a serial fraudster who stole £60k from their local government authority employer.
These horror stories will keep you awake at night if you haven't got the proper spending controls in place! Watch us dissect each horror story on the webinar replay below!
Downloadable Counter Fraud Checklist For Self Auditing
Smart companies cary out regular audits. Use this template to stress test your council's spending policies and keep your department on their toes.
For every council, regardless of size and culture agree that having verifiable audit trails is absolutely necessary.
MHCLG Risks of Fraud and Corruption Report
On 8th June 2002, the Ministry of Housing, Communities and Local Government published the Review into risks of fraud and corruption in local government procurement report. It was produced in collaboration with local government partners and the Prime Minister’s Anti-Corruption Champion John Penrose MP.
It is imperative that the money spent on vital public services gets to those who need it most. The COVID-19 pandemic has increased opportunities for criminals to defraud taxpayers everywhere.
Manage council purchasing from any device
It’s never been easier to handle every stage of the procurement process. You’ll have the ability to send and approve POs at any time, from anywhere, using the beautifully-designed iOS, Android and web apps. Revolutionize the way your organization manages purchasing.
We are dedicated to building an outstanding product constantly improving it and offering world-class customer support along the way. Founded in Dublin Ireland in 2014 ProcurementExpress.com has grown into a truly global company with offices all over the world and a client base to match. Over the years we’ve successfully saved our customers across many thousands of dollars and countless hours by helping them to streamline and improve their spending practices.