D. The services of an internal or external auditor are available when vendor proposals are reviewed.
Here's why: Having an independent internal or external auditor involved ensures an objective and unbiased evaluation of vendor proposals. The auditor acts as a neutral third party who can fairly assess each proposal, identify any issues, and ensure that all procurement policies and controls are followed1. This helps to maintain a level playing field and ensures that the best vendor is selected based on merit.
Procurement professionals are trained to manage vendor relationships impartially and ensure a standardized process. By serving as the single point of contact, they help ensure that all vendors receive the same information and that communications are handled consistently.
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