Organisations run vendor screenings to determine whether vendors are legitimate, trustworthy, and focus with their requirements before they can take on new suppliers. All types of #vendorscreening allow for organisations to check the company's financial viability as well as conduct compliance assessments. #business #finance #healthcare Vendor screening can protect organisations from potential fraud; it also improves the reliability of the supply chains of companies and it allows companies to build relationships only with ethical, legal, and compliant vendors.
Read more: https://blogs.venops.com/vendor-screening/
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