Expense Tips

Sourcing from diverse suppliers.
| Expense Tips, Program Goals

Supplier Diversity Programs: Distinctions and How They’re Tracked

Supplier diversity has been a hot topic in recent years. Several organizations, whether they be in higher education, or the public or private sectors, have put an increased focus on defining and meeting quotas to ensure that they are doing business with DBE (disadvantaged business enterprise) suppliers. Here at Card Integrity, we’ve written several articles […]

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Strong internal controls are a necessity for internal auditors.
| Expense Tips

Hitting the Audit Trail: Strengthening Controls for Internal Auditing

Internal auditors have a lot on their plate. As the primary party responsible for keeping their organization’s financial controls stable, strong, and comprehensive, they play a significant role in ensuring compliance. They work on the organization’s behalf, finding areas of improvement, communicating with stakeholders, managing risk and detecting fraud. One of the ways they do

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Inaction can cost your company money by letting misuse slip through the cracks or by missing rebates.
| Expense Tips, Savings

The Cost of Inaction

According to a 2020 report from the Open Contracting Partnership and Spend Network, almost 97% of all public procurement spend around the world per year ($12.6 trillion) is opaque (meaning there is no transparency about what the spend is). Essentially all of that money is subject to significant risk such as waste and fraud. Now,

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