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What is the key to cracking down on maverick spending?

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Read up on the importance of transparency, how significant savings and strong corporate governance can be achieved, and the key role of e-procurement.

Read an excerpt: The cost implications of non-compliance to firms are serious. It is estimated that firms worst affected by maverick spending end up incurring $10,000 more per full-time procurement employee than firms unaffected by this problem. Non-compliant purchasing leads to higher costs, with repercussions for a firm’s market competitiveness.