Vendor Integrity Screening
In an effort to hold down labour costs and streamline operations, more companies today are turning to vendors and subcontractors to perform the tasks they used to do themselves. But the more companies rely on outside sources, the greater the risk of fraud.
Stanford West conducts full-scope screening investigations of vendors to verify their integrity and financial standing before you hire them and after they’ve signed with your company.
Stanford West helps clients define the parameters of the screening process, including which vendors participate, the information that is sought and the integrity checks that are conducted.
Then Stanford West handles all administrative tasks. Vendors pay a nominal screening fee in order to become qualified and are required to agree in writing to abide by the company’s business practices and ethical standards.
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