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What?
VeriBiz Monitor helps you verify, document, and monitor (the legal status of) all your company’s business partners.
VeriBiz Monitor is a so-called cloud-based “Software as a Service” (SaaS) solution. No time-consuming, expensive installation is required – the solution is available to you (as long as you have access to the internet) !
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How?
You simply upload your company’s list of customers and suppliers (manually or via integration) to your company’s account with VeriBiz Monitor.
The verification is then performed against the business registry of each country – and all irregularities (ie company under bankruptcy, or company does not exist) is e-mailed to your company.
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Why?
There are multiple reasons to use VeriBiz Monitor!
Reduce Risk of Loss
The risk of loss due to trading partners’ bankruptcies etc. can be reduced through constant monitoring of their legal status.
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EU Compliance
EU Regulation 2011/282 require companies to verify and document the legal existence of their non-domestic EU business partners.
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Reduce the Administrative Burden
VeriBiz reduces the administrative burden by automating the verification of trading partners.
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Supply Chain Management
No chain is stronger than it’s weakest link. VeriBiz Monitor will inform you whenever “the chain needs repair”.
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Corporate Social Responsibility
Corporate Social Responsibility has evolved from a niche to a main stream concept.
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Safeguarding Reputation
The reputation of the company is often considered the most important asset – and efforts should be made to safeguard it.
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