Why Vendor Screening?
Large and small businesses need complete information on the businesses and individuals they are engaging with. Imagine a global company who has a supplier who is found to be unethical in its business practices. Global companies can face serious legal implications of not having checked the background of its partners and suppliers.
Netrika’s Vendor Screening Solution carries out in-depth background check to assist companies to qualify and monitor potential and existing vendors and contractors. It helps companies take informed decisions that can help cut down risks for global business while achieving compliance in their operations. Potential future problems can be addressed by using some of these services.
Some of the features of Netrika’s vendor screening programme include:
- Complete third-party risk management solution with customizable monitoring
- Flexible management information reporting and dashboards, and logging for comprehensive, efficient, trackable communications
- Questionnaire verification and reporting
- Vendor screening
- Supplier screening