Benefits

ProcureCheck assists the Supply Chain Management Officers with compliance to the Public Financial Management Act during the Procurement Process by facilitating a transparent networking environment where business can be conducted with integrity and in a credible and reasonable manner.
  • Combat corruption by identifying potential connections and ownership of property.
  • Identify possible fraudulent activity within vendors and employees with the help of South African Fraud Prevention Services.
  • Highlight business interests of employees within your organization.
  • Let ProcureCheck help you recognize conflicts of interest within your organization and potential supply chain partners.
  • Investigate negative and positive news on vendors and employees to assist in mitigating reputational risk.

ProcureCheck and Compliance with the law
  1. Public Finance Management Act
    1. In accordance with 16A8.1 “Compliance with ethical standards” ProcureCheck assists in building an environment where business can be conducted with integrity, respect and mutual trust amongst those involved in the procurement process in order to comply with the highest ethical standards.
    2. Use ProcureCheck to ensure your supply chain officials meet all conditions as stipulated in 16A8.3 of the Act; by identifying possible conflicts of interest that may arise during the co ownership of property; additional directorship of conflicting or tendering companies or through the acceptance of gifts in the form of immovable property thus assisting the combating of corruption and fraud within the supply chain management system.
    3. Let ProcureCheck’s advanced reporting system automatically notify your procurement officer of any breach or failure in order to meet the requirement as stipulated in 16A18.5 of the Act.

      The Reports generated by ProcureCheck may also be used by the accounting officer in the submission of information to the relevant treasury (16A11 of the Act).


  2. Municipal Finance Management Act
    1. ProcureCheck forms an integral part of the supply chain management policy when adhering to the code of ethical standards as outlined by the Municipal Finance Management Act No. 56 of 2003; 46. Ethical standards.
  3. King III
    1. Companies tend to focus primarily on minimising their negative ethics risks, since they understand that unethical beliefs, practices or behaviour can expose them to financial loss due to theft, fraud, corruption, sabotage, and so on. It is equally important that companies also focus on the benefits of a strong ethical culture.

      The use of ProcureCheck in supply chain management to eliminate corruption and fraud promotes strong ethical standards and good business practice. This in turn promotes a strong company ethics culture.


      Evidence shows that, in the long term, companies with a strong ethical culture have a competitive edge over unethical companies.

Featured Items

ProcureCheck is the first of its kind, easy to use web based system designed to help you identify and prevent fraud schemes within the procurement processes.
  • Electronic Web based workflow tool
  • Provides automated irregularity alert reports
  • Provides vendor and staff reports (useful for King III committees)
  • Allows you to create your own internal vendor list (preferred and blacklisted vendor indicators)
  • Allows clients to import vendor and staff lists
  • Vendor vetting (on an adhoc or batch basis)
  • Ongoing monitoring
  • Detailed conflict of interest report.