anti-corruption-technology

Anti-Corruption technology in eProcurement

A number of recent reports have highlighted higher-than-expected levels of fraud, corruption and collusion in procurement activity within the EU and specifically in the UK.   A European Commission Anti Corruption Report found that, across the EU, 43% of firms believed that corruption is a problem when doing business generally. In the UK, 15% of firms highlighted the same issue.   64% think UK corrupton is widespread   The BBC website reported that corruption costs the EU economy 120bn Euros annually. 64% of UK respondents think that corruption is “widespread” in the UK with EU average being as high as 74%.   Since public procurement represents approximately 20% of the EU’s total spending, removing corruption presents a significant opportunity for reducing costs in a time of limited resources. With corruption generally more prevalent at local and regional levels, it seems clear that a action is needed to make procurement processes more transparent. It seems clear that anti corruption technology can deliver real benefits.   eProcurement itself creates a more formal and reliable audit trail for the process of issuing, clarifying, evaluating and awarding tenders. However, eProcurement platforms can do even more to help the battle against collusion and corruption through the use of anti corruption technology.   Some systems simply offer a document-based model where tender documents are distributed and collected. A data-centric eProcurement system offers a granular view of every element of the tender, who has contributed to or accessed the information. It also offers much greater insight into the procurement process so that patterns can be spotted and analysed. Who submitted what, at what price and when. From : http://www.nextenders.co.uk/anti-corruption-technology/

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