oboloo

oboloo Glossary

Process Audits

oboloo Glossary

Process Audits

Process Audits are a cornerstone of business operations and are defined as an in-depth assessment of the processes and procedures that a business follows in order to fulfill its primary objectives. This type of audit evaluates how the processes are designed, how they are actually being executed and how they are monitored for improvement. It also assesses how well the processes are meeting the business’s goals and objectives. Process Audits can be used to identify opportunities for improvement, reduce process complexity and cost, and increase overall effectiveness and efficiency. The purpose of a Process Audit is to identify any areas of non-compliance or inefficiency in the process, to ensure that the process is delivering the expected results, and to improve the process to better align with the organization’s goals and objectives. The official business definition of Process Audits is an in-depth assessment of the processes and procedures that a business follows

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971