An Overview of Vendor Risk Management
Vendor risk management services protect your company from future headaches by uncovering hidden risks associated with potential vendors. Those risks can include tarnished reputations, business disruptions or other negative impacts on performance, or even lawsuits and liability.
At Business Screen, we have years of experience finding the information you need to know to protect yourself. From negative news and bad reviews to criminal acts and government watchlists, if it’s there, we’ll find it for you.
What is Vendor Risk Management?
Vendor risk management is the process of evaluating potential vendors in a number of different ways. You will need to know if a vendor is financially sound, but that’s far from the only goal of risk management for vendors.
Our professional, licensed investigators will find out if there are past or current legal issues, both criminal and civil, that could affect the stability of the vendor relationship. Reputational risks must also be examined, from negative news to customer complaints. There might also be problems associated with past contract agreements or professional licensing. Don’t leave it to chance - make sure your business interests are protected. Contact us today or read on to find out more about our services.
.png)
Why Investigate
Potential Vendors
Vendors play a big role in your business, and are often critical to your ability to provide goods or services. Give these important relationships the best chance of success by making sure you know the history of potential vendors.
Ignoring vendor risk management, or supplier risk management, can be costly in more ways than one. Suppliers who don’t have the expertise or capacity they claim can hurt your ability to do business. If they have not fulfilled previous contracts or have been involved in civil lawsuits, your relationship could be at risk of turning sour. When your business partners don’t live up to expectations, your personal and business reputation and finances can suffer.
Find out if there are known risks before you sign the deal. Find out how to get started now, or read on for more information.
What can The investigators uncover?
.png)
.png)
.png)
.png)
Ingredients for Successful Vendor Risk Management
A well-structured process for vendor risk management is imperative. From the first steps in information gathering, to the presentation of a final report, each step should be clear and simple.
At Business Screen, we start with a consultation. We’ll discuss your needs and how our services can help meet them, and we’ll show you around our online platform, where you can order services and view your in-depth reports once they are available. And it won’t take as long as you might think. You’ll have results within days.
Your risk management plan can include:
Business background checks
Officer and executive background checks
International background checks
Custom checks based on your needs
Continuous/ongoing checks, if required
Why Choose Us for Your Due Diligence
Grow better and have confidence in your decisions by working with licensed investigators who have experience across a variety of industries. What Sets Business Screen Apart:
.svg)
.svg)
.svg)
Getting Started with Vendor Risk Management
With CS Business screen, getting started is as simple as answering a few basic questions. We will then get in touch with more information and pricing. Risk management for vendors is an essential step in making sound decisions for your business.
Don’t Delay Your Vendor Investigation
Get the facts you need before making important decisions. Our experienced team has the know-how and resources to answer all your questions. For a free consultation, get in touch today!
