Vendor & Supplier Due Diligence
Vet third parties. Controlling risk within your organisation is difficult enough, dealing with third party services can only increase the risk your business takes on. Ashtree’s due diligence reports will take conjecture out of choosing new service providers by relaying you crucial information to reduce your company’s vulnerability to external risks.
A best practice and recognised component of an effective compliance program includes continuous screening and monitoring of agents and intermediaries. The majority of anti-bribery and corruption violations continue to stem from third parties acting on behalf of a company. Ashtree partners with companies to conduct third-party vetting, ensuring that all vendors meet the appropriate compliance practices for business.
Our due diligence analysts investigate global media databases, criminal records, sanctions & watch lists, politically exposed persons (PEP) lists, and the open web to uncover any reputational red flags associated with third parties.
We review business registration documents and conduct asset verifications to confirm that a third party’s stated capabilities match financial realities. Our analysts are trained to spot operational inconsistencies that may be indicative of fraud.
For vendors or suppliers operating in emerging markets, in particular, Ashtree works with a network of over 300 vetted investigators in over 60 countries who gain access to local registration or criminal records, verify operating locations, and confirm a business’s operating status.
Ashtree offers ongoing monitoring services to rescreen existing vendors, suppliers, or distributors for any changes in company standing, unlawful activity, or questionable business practices.