Sat.Mar 16, 2024

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How Finance and Procurement Leaders can Deter Supplier Fraud

HICX

Costas Xyloyiannis, CEO at HICX, tells Supply Chain Digital how data and supplier-centricity can act as a foundation for digital transformation in business Supplier fraud has risen sharply in recent years, with very few companies able to say they haven’t experienced some kind of vendor, supplier or procurement fraud. In truth, this can often put down to faulty supplier information, a problem HICX—a leading supplier experience management solution—has been combatting over the past 12 years.