compliance in procurement is a key aspect of effective risk management strategies in today ’ s everchanging world .

As the global regulatory landscape evolves , companies that are non-compliant with state , federal , and international laws and regulations risk exposure to potential lawsuits and financial liabilities , as well as reputational damage .

“ Contracts often contain important clauses related to compliance ,” says Bernadette Bulacan , Chief Evangelist at contract management software software company , Icertis .

She adds : “ Such compliance can ensure integrity , safety and ethical behaviour in the

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