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Black Tyger Strategies

Procurement Assessment

Procurement Assessment — Free Assessment

Assessment Form

Contact Name(Required)
Do you have a real-time or near-real-time view of total organizational spend by category?(Required)
Is spend data centralized in a single system rather than distributed across departments?(Required)
Are vendors assessed for financial stability, security posture, and regulatory compliance before onboarding?(Required)
Do you maintain a risk-tiered vendor register?(Required)
Are all vendor contracts stored in a centralized, searchable repository?(Required)
Are contract renewal dates and auto-renewal clauses tracked with advance notice alerts?(Required)
Is there a defined process for requesting, evaluating, and approving new IT purchases?(Required)
Are IT security and compliance requirements evaluated before purchasing new software or hardware?(Required)
Is there a written procurement policy that defines thresholds, approvals, and compliance requirements?(Required)
Is the procurement policy accessible to all staff involved in purchasing decisions?(Required)
Do you conduct regular business reviews with your top strategic vendors?(Required)
Is there a designated owner for each critical vendor relationship?(Required)
Do you maintain an accurate inventory of all software licenses your organization owns or subscribes to?(Required)
Are software licenses reviewed for actual usage before renewal?(Required)
Are purchase requisitions and POs used consistently for operational spend?(Required)
Is there a preferred vendor or approved supplier list for common operational categories?(Required)
Do you use dedicated procurement or spend management software?(Required)
Is procurement data integrated with your financial management or ERP system?(Required)
Are procurement approval thresholds clearly defined by spend level?(Required)
Is delegation of authority for procurement approvals documented and enforced?(Required)
Do you consider environmental sustainability criteria when selecting vendors?(Required)
Do you have a supplier code of conduct covering ethical labor and environmental practices?(Required)
Do you track and report procurement KPIs (cost savings, cycle time, on-time delivery)?(Required)
Are vendor scorecards or performance ratings used and shared with suppliers?(Required)