Supplier/Vendor Vetting

 

supplier/vendor vetting

Vetting is a valuable tool and should apply to all potential suppliers and or vendors with whom an organisation does business.  As part of our vetting process we perform the following approach:

  • Check the legitimacy of the company (registration with CIPC)
  • Verify that the company is VAT registered with SARS
  • Verify the directors of the company
  • Verify all entities the directors are involved in
  • Verify the status of each director and Properties Owned
  • Verify Banking on File
  • Verify Trade on File
  • Verify any Court Record related to the Company
  • Verify any Notorial bond or other Suretyship recorded