The Importance of Vendor Due Diligence in the On Demand Economy

  Most companies will require a third party vendor to outsource business to at some point or another. Whether it is to assign a professional for housekeeping jobs or to deliver products to customers, vendors help businesses run smoothly while saving on costs and time. Vendor due diligence is important to protect the interests of [...]

2018-08-24T10:49:57+00:00 2018, Blogs|

Spot Fake Companies with Vendor Due Diligence

As a business owner, you will, at some point or another, require to partner with or outsource jobs to other companies. When scouting for a company to work with, due diligence is required to ensure you choose the right business partner. There is a lot at stake when you choose to take on a business [...]

2018-06-01T17:12:51+00:00 2018, Blogs|

Vendor Due Diligence- Your Aid to Organisational Safety & Compliance

In today’s competitive and fast-paced business scenario, organisations have to streamline their operations to optimise profit and growth. Third-party outsourcing is a popular trend across industries and countries. Outsourcing certain tasks to a third-party vendor saves cost and time. Yet, there are inherent risks of outsourcing. Businesses have to ensure that confidential and sensitive information [...]

2018-03-28T04:44:12+00:00 2018, Blogs|

Why Vendor Due Diligence is Important for SMEs?

Organisations often merge with other entities in the quest of maximizing profits and for sustainability. When it comes to SMEs, partnerships and vendors are extremely crucial for business viability. With more organisations going the outsourcing and collaboration route, alliances are becoming a crucial ‘success factor. A company should obtain a more detailed overview of the [...]

2018-02-21T04:46:09+00:00 2018, Blogs|

How to mitigate risks with Vendor Due Diligence?

Businesses today operate in a collaborative mode and third-party vendors are a necessary part of this collaboration. Conducting vendor due diligence is critical to strengthen trust and mitigate risks. Vendor due diligence helps businesses join hands with reliable and competent agencies while ensuring compliance with legal or regulatory mandates. Vendors - Businesses can’t survive without [...]

2018-02-12T12:18:36+00:00 2018, Blogs|