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 |
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The FreeBalance Human Resource Management (HRM) module is a comprehensive course that provides participants with a solid understanding of the features and functionalities of the FreeBalance HRM system.
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Expenditure refers to the payment of a sum of money by an organization, arising from a valid commitment or obligation.
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Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.