Authbridge

In an increasingly complex global business environment it is crucial for companies to know exactly who their vendors are and what risks could crop up when dealing with them.

The resources, expertise and integrity of the supplier could have a big impact on the quality of the buyer’s own products and performance. It is in the buyer/manufacturer’s interest to ensure that the vendor’s processes and products meet the required standards.

For a variety of reasons, clients do not possess the expertise or resources to carry out a thorough assessment of the competence, integrity, reputation and robustness of the potential vendor’s business. They may not even have the experience to foresee, avoid or manage potential threats to the business.

An AuthBridge study found, of those that do carry out their own assessment of vendors, only 15 to 20% carry out the process thoroughly. As a result these businesses choose the wrong vendors.

AuthBridge vendor due diligence services mitigate the client’s exposure to risk. We also ensure that they make a well-informed vendor decision, get a better quality of service or product, improve their efficiency and reduce costs.

AuthBridge helps clients to assess their existing or potential vendors on one or more of the following parameters:

• Family and Business History of Promoters
• Financial Strength of Promoters or the Vendor.
• Regulatory Compliance History
• Criminal Records verification.
• Market Reputation
• Reference Checks with other Clients.
• AuthBridge assessment goes beyond the standard assessment processes and delivers greater value to the client. AuthBridge carries out Vendor Due-Diligence in stages that include:
• Vendor Certification - A detailed due-diligence done at the time of appointment of the Vendor
• Vendor Monitoring - - A regular due-diligence procedure carried out at regular frequency to ensure compliance to client prescribed standards and procedures.

Finding the right business partner is not a matter of chance. The wrong business partner could ruin a company. Whether looking for a selling agent, distributor, joint venture partner or supplier, the selection should be methodical and detailed. The selection process must be thorough and identify potential risks before setting up the relationship.

Every business has some secret that they do not want outsiders to discover. Finding out after, the partnership is formalized, will be too late. No one likes unexpected problems or nasty surprises. To avoid the pitfalls of partnering with the wrong people, businesses must undertake a due diligence exercise.

AuthBridge can help clients find a reliable and trustworthy  business partner that will advance and grow their business. Our comprehensive and meticulous due diligence inquiries are carried out by an experienced team of specialists, comprising of accountants, law enforcement officers, lawyers and domain experts.

When we complete our study clients will be in a strong position to make informed decisions while choosing their business partners.

Our due diligence services help clients in the following areas:

• Asset Management
• Consulting
• Business Process Outsourcing
• Raising capital
• Deploying capital
• Franchising
• Giving out Dealerships or Distributorships
• Marketing alliances
• Joint-ventures
• Mergers and Acquisition

The business landscape is constantly growing. With this expansion come newer challenges and risks. Threats to the integrity, security and competitiveness of organizations now cross borders, become harder to detect, track and manage.

The businesses of today do not have the controls or the expertise to deal with corporate fraud and industrial espionage situations. They need the support of specialist forensic accountants, auditors, law enforcement officers and lawyers with the skill and knowledge to help in such circumstances.

AuthBridge is fully equipped to manage and cope with fraud of global dimensions. Our highly experienced team works closely with the clients to investigate frauds and obtain intelligence on organizations and individuals from a wide range of sources. We advise clients on process improvements - to protect and prevent future malpractice - that help protect their wellbeing and interests.

AuthBridge has qualified and experienced professionals to investigate various types of fraud including:

• Electronic crimes
• Accounting irregularities
• Contract irregularities
• Corrupt practices
• Undisclosed related-party engagements
• Money Laundering

Internal fraud is an alarming epidemic for businesses. Nearly every big company has been hit by fraud at one time or the other. Small and medium businesses are often bankrupted for the same reason.

Many cases go unreported because companies want to avoid adverse publicity and loss of reputation. The police and other government agencies cannot effectively combat these crimes because of the huge number of incidents. Companies are doubly handicapped because they do not posses the necessary skill and resources to protect themselves.

AuthBridge helps you better understand, manage and mitigate the risks of fraud. We have the special knowledge and capabilities to introduce and supervise customized fraud prevention systems.

AuthBridge experts, working in partnership with clients have evaluated and assessed their physical security measures, IT processes and accounting procedures. We have then advocated and designed specific systems to enhance the overall security and create a risk-proof environment for the client’s business.