Best practice in procurement for not-for-profits

In brief - Good relationships with suppliers are as important as good contracts

By focusing on creating a balance in relationships with suppliers, having clarity on expectations, maintaining good governance and actively managing change, not-for-profit organisations can put their procurement on a rational footing and maximise the effectiveness of their spending.

Not-for-profits need to demonstrate that they spend their money wisely

Today more than ever there is an increased focus on transparency, accountability and effectiveness of spending by not-for-profit (NFP) organisations. Governments which provide funding and benefactors who support charitable causes are increasingly keen to ensure that the funds which they provide are not being wasted or mismanaged.