|
|
|
|
|
|
The
key
element in a vendor due diligence investigation
relies upon the initial information received by the client company, typically
through an application. NFC has assisted companies to design applications to
permit the collection of information which will facilitate a more effective
investigative review.
Basic vendor investigations focus on determining the accuracy of the provided
company details, historical corporate profiles, criminal checks on company
principals, as well as civil and media inquiries on both the company and its
principals.
If a more in-depth investigation is required, a Phase II investigation can also
be conducted. This type of investigation also includes: surveillance to
determine organized crime association or undisclosed interests; interviews with
competing vendors; backgrounds and interviews of corporate principals associated
with the vendor; and audits of company records relating to the vendor.
A Phase III investigation is the most comprehensive type of vendor investigation
that NFC conducts. This investigation requires a
certain level of vendor participation by authorizing access to more detailed
information than might be available from public sources. At this level the
vendor application, replete with the legal warning that the application
information is true and accurate, becomes a keystone document. The detail of the
investigation delves into the independent verification of the facts presented.
Please
contact us for more
information. |
|
