Supplier/Vendor Vetting

Are you currently considering doing business with a potential new supplier or vendor?
Are you 100% sure that your suppliers/vendors are not in financial distress?
Are you certain that your suppliers/vendors are not involved in illegal training?
Have you verified whether your suppliers/vendors are VAT registered with SARS?
Does the new supplier/vendor have correct and sufficient insurance in place?
Do you bear any knowledge of any court cases your supplier/vendor may be involved in?
Is the new supplier/vendor registered with the relative authoritative/governing body in order to conduct business within legal parameters?
Does your company have a policy in place relating to the procurement of a new Supplier/Vendor?

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