How to Fix Procurement’s Fake Savings Problem
Posted: 01/25/2022 - 00:00
Back on September 9, we learned Kraft Heinz (KHC) had paid $62 million in fines for what SEC enforcement division director Anita Bandy called “…improper expense management practices that spanned many years and involved numerous misleading transactions, millions in bogus cost savings and a pervasive breakdown in accounting controls.”
