Contractor risk management has become a key focus area in the public sector, as it has a direct impact on program integrity and supports the reduction of fraud, waste and abuse. Our contractor risk management solutions help to automate and standardize risk processes, while adhering to compliance regulation, including supplier diversity, and preventing fraud.
Prevent operational inefficiencies with risk assessment activities.
Ensure potential contractors are viable, legitimate businesses.
Eliminate the chance of fraudulent activity and supply chain disruption.
Supplier diversity encourages the use of a diverse supplier base in the procurement of goods and services for any business or organization. Agencies can certify compliance by identifying diverse suppliers within an existing supply chain and properly managing spend.
Verify business and/or business owner information with BizIDSM.
Mitigate government risk with fraud detection and prevention.
Assess if prospective partners will be able to fulfil contractual obligations.