KPMG-GIPS 2026 Procurement Enhancement Survey: 86% of respondents say procurement fraud occurs in their organisations
The 2026 survey indicated improvements in procurement governance, including stronger awareness of anti-fraud policies, procurement monitoring, investigation processes and performance measurement. However, fraud remains a persistent risk, highlighting the need for organisations to embed fraud risk assessments into enterprise risk management frameworks, regularly assess the effectiveness of procurement controls and strengthen oversight through periodic reporting to executive management and the board.