Vendor's Screening

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Vendor's Screening

"According to a recent global study by PriceWaterhouseCoopers and the Martin Luther University in Germany, corporate fraud has increased by 22% over the last two years. This despite increase in in-house controls across the board. Sadly, most corporate fraud is detected only by accident. Therefore, it is imperative to invest in external agencies to undertake vendor verification, one of the major leaks in revenue loss.

No organization can succeed without vendors’ services – be it for ancillary parts, house keeping, catering, cab service, computers peripherals, stationary, emergency medical services, in-house medical assistance, safety services, etc. Yet, while we are busy scrutinising the vendors’ tenders for these services, we forget another indispensable part of these services – screening of the vendors themselves! Screening vendors before signing up with them is absolutely crucial, neglecting vendor screening could lead to not just leaks in the balance sheet
of the company but also your company credibility. To keep your image intact enrol DCode Research Services for vendors’ screening process.

There is no dearth of vendors in India who provide services like catering, house keeping, emergency medical assistance and the like – however, it would prove a costly mistake for your organization to work with a vendor who is less than honest, has fraudulent intent and may compromise the safety of your employees and the good name of your company. All this can be pre-empted by insisting on vendor screening. DCode Research Services takes up screening of current as well as prospective vendors for your company anywhere in India.

DCode Research Services also does background screening, employee screening, police verification and court records verification in order to assist the vendor screening process. Our time and cost effective services are aimed at keeping your employees and your company safe from fraudulent vendors. Take action now, contact us today.

   
 

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