Overview
Purchasing encompasses all activities related to the acquisition of goods, services, and works. A good purchasing and public procurement system ensures that the needs of the end-users in organizations are met while maximizing value-for-money. Because most organizations implement its mandate through contracting third-party providers, an efficient purchasing system that enforces sufficient internal controls and that promotes transparency and ease of audit is key to government operations.
Course Objectives
- Introduce the Purchasing process
- Learn how to efficiently record purchases
- Understand how the FreeBalance Accountability Suite™ facilitates the purchasing process
Course Content
- Creating Purchase Requisitions
- Creating Purchase Orders
- Recording Receipt and Return of Goods, Services, and Works
- Generating Reports related to Purchasing
Target Audience
- PFM consultants
- GRP Consultants
- Business Analysts
- Civil Servants
- Policy Makers
- Procurement Specialists
| Dates | On Demand |
|---|---|
| Length | 0.5 Days |
| Pace | Self Paced |
| Fees | $50 (Introductory Price) |
| Language | English |
Related Courses
)
Expenditure Management
Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation.
)
Stores and Inventory Management
The FreeBalance Stores and Inventory Management course is designed to equip individuals with the essential tools and knowledge needed to run efficient, robust, and adaptable warehouse and inventory operations in public sector organizations.
)
Treasury Management
Government Treasury Management helps the spending units set payment priorities. The Treasury updates bank balances through the bank statement, which includes daily revenue collections. Based on the liquidity available, the Treasury can decide which payments to release and which payments to delay.