Drilling for Truth: Nine Common Contract Compliance Myths [White Paper]
May 16, 2016 - By: Bill Adams
How Procurement Professionals Are Helping Oil and Gas Executives to Embrace Audit Realities, Improve Efficiency, and Maximize Savings
A contract compliance audit can be a powerful tool for oil and gas executives.
With the industry in its deepest downturn since the 1990s, a well-executed audit can help companies to increase supplier transparency, recover overpayments, improve processes, and strengthen internal controls.
So, to avoid becoming one of the 150 producers that are in danger of bankruptcy, many procurement professionals are arming executives with the information to make sound audit investments.
In this white paper, we explore the nine key audit myths that executives are overcoming, allowing their companies to realize the short- and long-term benefits of contract compliance audits.
Download now to learn more.