Due Diligence
Comprehensive vendor risk assessment and monitoring
Perform thorough due diligence on vendors before engagement and continuously monitor for changes. Identify potential risks including financial instability, regulatory issues, and ownership concerns.
Features
Capabilities
Comprehensive risk assessment tools that protect your organization from vendor-related fraud and compliance failures.
Risk Scoring
Automated risk scoring based on configurable criteria and data sources
Background Screening
Integration with background check providers for comprehensive screening
Financial Analysis
Assessment of vendor financial health and stability indicators
Ownership Verification
Verification of beneficial ownership and related party relationships
Continuous Monitoring
Ongoing monitoring for changes in vendor risk profile
Transformation
The Transformation
See how VenLink's due diligence capabilities protect organizations from costly vendor fraud and compliance failures.
Before VenLink
- Surface-level checksbasic verification misses red flags
- Manual W-9 reviewTIN validation done sporadically
- No ownership verificationbeneficial owners unknown
- One-time screeningno ongoing monitoring for changes
- Fraud discovered lateproblems found after payments made
With VenLink
- Deep screeningcomprehensive background checks
- Automated TIN validationinstant IRS verification
- Ownership transparencybeneficial owners identified and verified
- Continuous monitoringalerts when risk profile changes
- Fraud preventedissues caught before engagement
Case Study
Real-World Fraud Prevention
A construction company identified and prevented a fraudulent vendor from entering their supply chain through VenLink's comprehensive due diligence screening.
Day 1
Application submitted
Day 2
Red flags detected
Day 3
Application rejected
- Virtual office address identified through automated screening
- Owner background revealed multiple prior business failures
- Professional certifications traced to non-existent organizations
Integration
How It Connects
Due Diligence integrates with the VenLink compliance spine to ensure risk information flows throughout your vendor management process.
Comprehensive vendor profiles with risk scores and screening results
Risk-based requirements that adjust based on vendor criticality
Documentation of all screening results and verification outcomes
Ecosystem
Works Better Together
Due Diligence integrates with other VenLink modules for comprehensive vendor risk management.
Vendor Onboarding
Streamline vendor registration and qualification
Trigger due diligence automatically during vendor onboarding.
Contract Management
Centralized contract lifecycle management
Link contract risk levels to due diligence requirements.
Issue Resolution
Structured vendor issue tracking and resolution
Escalate vendors to enhanced due diligence when issues arise.
Get Started
Protect Your Organization
Request a demo to see how VenLink's due diligence capabilities prevent fraud and reduce risk.
Request Demo