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| Vendor Verification and Screening Program |
Vendor Verification and Screening Program
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First Contact HR realizes
that every organization has to rely on vendors to operate more efficiently,
outsourcing non-essential functions to providers that are experts in their
given fields. When forming a new business relationship, significant time and
effort is often exerted on reviewing prices, products and services offered
by the vendor with little to no time spent on other crucial factors, such as
verifying the vendor’s past and current performance record, industry
reputation, criminal records and financial standing. In today’s fast-paced,
high-risk business climate, small mistakes can have huge consequences,
resulting in a tarnished reputation due to fraud, poor work quality or time
delays, costly business conflicts or dysfunctional operations.
First Contact HR can help
you screen current or potential vendors by conducting a detailed screening
that might encompass the vendor’s employees, its principals or owners, and
the business entities. What better way to safely and economically protect
your organization’s revenues, reputation, or workplace safety profile.
Prior to engaging in a business relationship, it’s crucial that you fully
understand the integrity of the people with whom you will be involved. You
don’t want to risk association with key vendor representatives who may have
red flags in their histories. To assist you with making informed decisions
on vendor selection, First Contact HR has customized screening packages to
help you fully understand the backgrounds of principals or business owners.
These services can identify potential risks, like overstatement of
qualifications, adverse publicity, past sanctions or affiliations with
disreputable organizations that could negatively affect your own
organization’s brand or public image.
If your organization already has an effective background screening program
in place for your prospective hires or current employees, why not also
screen individuals who may be working on your property or along with your
staff, or with your clients? First Contact HR can work with you to implement
a screening program for these vendor employees or contracted workers who
have access to your facilities and internal data. We can duplicate the
screening standards that exist for your current or prospective employees, or
create a specialized program to add an extra layer of protection to further
safeguard your organization and reputation. |
| VendorCheck |
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In addition to examining
the backgrounds and qualifications of vendor employees and principals, First
Contact HR can also provide VendorCheck screening services that encompass
the entire entity. This robust vendor vetting program is designed to hold
vendors to ethical standards set by your company in helping you better
understand whether a vendor can meet its promises and obligations.
First Contact HR takes the time to fully understand your business approach
and ethical standards before we begin screening vendors, using this
knowledge to build the platform of your customized program. We then define
the parameters of the screening process, including which vendors you want to
participate, the information you want sought, and the types of checks you
want conducted.
In order to become qualified to do business with you, vendors pay a nominal
screening fee and must agree in writing to abide by your company's business
practices, standards of conduct, and ethical principles. Once they sign the
statement, vendors then complete a detailed questionnaire based on your
organization's requirements. First Contact HR screens the information
provided and collects additional intelligence. When our investigation is
complete, you receive a final report that both verifies the questionnaire's
accuracy and supplies new information on the vendor about which you may not
have known. |
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