Stay Risk-Free with Vendor Screening/Verification Service in Bangladesh

01.

In today’s world of business, you cannot guarantee anything or take anything for granted. Success depends on good management of the business. This includes vendor screening which sometimes referred to as vendor background checks as part of managing your vendors.

02.

For every business, every transaction needs to be deal with a lot of study and caution. Before entering into long-term relationships with clients and vendors, you need to have a deep perception of the people that you are dealing with. Most of the time contracts are signed between businesses for a long period of time that is counted in years.

03.

Hence, it is the most important factor to know whom you are dealing with which helps to make well-informed decisions while selecting a potential vendor and minimizing the risk of getting involved in future problems.

04.

REIT Ltd Resources helps to do a comprehensive screening of your potential vendors starting from educational qualifications, criminal records to their financial backgrounds; everything is checked thoroughly and verified by us. You can remain fully assured that your business is in safe hands. We provide quality verification service in a faster turn-around time. All references, documents, and checking procedures are carried out with utmost security and confidentiality.

Benefits of Smart Vendor Screening

Protect Your Business with Our Vendor Screening Services :

Our vendor screening program helps our clients to deal with qualify prospective vendors, independent contractors, contingent workers, and clients to minimize potential losses from vendor-related fraud. We ensure that the vendors you have chosen meet certain corporate standards relating to licensing, insurance, compliance, and other minimally acceptable personal and corporate standards. This will help to maintain the company’s ethical standards and corporate requirements in the relationship.

Employment & Education Background

REIT Ltd Resources evaluation process undergoes thorough check to investigate client’s full details background. Our process relies on a technology interface to ensure verification must be completed within your time frame.

Identity and Credit check

We undergo a thorough analysis for the identity and background check of each vendor so that you can identify the vendor’s identity, contact address, and personal background.

Social Media Management

Our authentic searches analyzes your vendor’s details through social media platform like Facebook, Twitter, Google Plus, and Instagram records.It help you to guess their personality and how to interact with them.

Criminal Background

We conduct multiple repository searches to investigate whether or not the vendor is involved with any sort of past criminal records to help you in developing a perfect deal without any stress.

Small Business Solution

Our vendor background verification solution for small businesses delivers accurate background screening for criminal, credit, employment, and education verifications.

Drug Screening

Our background screening makes us the best-in-class provider of drug and alcohol testing, as well as in-house medical review services, all using the latest testing technology.

Get Your Fast & Reliable Vendor Verification With Us

The vendor relationship now goes beyond a handshake. Our detailed evaluations will assure you of an effective and reliable system of vendor accountability. All hassles of vendor evaluation are taken care of by us; giving you ample time and mind space to concentrate and take care of your business. We give priority to overall vendor screening because it is as important as customer screening or employee screening as a large chunk of your business relies on the vendor. Issues like undelivered goods, poor workmanship, etc. can affect the quality of your business if the correct analysis of the vendor is not done. 

Critical vendor data like bankruptcies, business license verification, civil judgments, tax liens, corporate status, bonding, and insurance coverage are scrutinized and studied. We provide accurate information so that you can rely on and within such a short time which allows your business flow continues without any disruptions.

Benefits of Smart Vendor Screening:

  • An effective and reliable system of vendor accountability

  • Delivers critical analysis regarding a vendor’s business history, financial stability, and propensity for litigation

  • Each scope of review and investigation is tailored to solve your specific needs

  • All critical vendor details are maintained on a secure database

  • 24/7 access to the security of critical vendor information database

FAQ

Selecting the first vendor you speak with may seem to save you time at first, but you could be misplaced negative info that can be dangerous down the road.  We assist you in finding real vendors by checking out their websites, looking at their size and the products they offer. We also find out do they integrate with systems and processes client already use? Do they arrange training? Is there evidence they currently work with businesses like yours?

By understanding your vendor options very carefully, we will help you to choose the ones that will help you grow and thrive.

Our spending will vary depending on the how much screening is needed for each vendor and the number of vendors for your service. Please contact us directly, so that we can offer you with a quote to meet your specific requirements.

REIT ltd will request minimal but required invoices and documents vendor management service.

Actually Not. You regulate and support all recommendations prior to implementation. Thus our specialized team implements them on your behalf.

We know your time is valuable and in most businesses resources are limited. REIT ltd works collaboratively for the highest results with minimal disruption to business operations and resources. Here, communication is made through our Vendor Management System portal providing one central location for customer / service communication. This removes various phone call and emails and bridge a tracking system between both parties

FAQ for Registered Virtual Office in Bangladesh
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Risk Management