Procurement (Purchasing) Policy

One-time purchase, lifetime access

Every dollar spent is an investment in your mission. FIN05 provides a comprehensive framework for all purchasing activities, ensuring effective resource utilization, transparency, and compliance with legal and regulatory requirements. This policy outlines authorization thresholds, competitive procurement processes, and essential record-keeping practices to mitigate risks of fraud and inefficiency. By empowering your team with clear directives, FIN05 enables smart spending, securing the best value for goods and services, and ultimately maximizing the impact of every funder and donor dollar.