QCsolver Inc. is pleased to announce that we have entered into an agreement with Creditsafe. Creditsafe is a leader in their field and by adding their documentation to our QCsolver online supplier management platform, we are ensuring that we continue to add value to our clients and suppliers.
Why is this important?
Monitoring the financial health of your suppliers is a proactive measure to mitigate risks, ensure a stable supply chain, and maintain the overall health and resilience of your operations. It is also a step that is often missed.
Here are some risks if you don’t do your due diligence.
A large supplier doesn’t inherently have strong finances
Relying on manual checks increases the likelihood of undetected risks
Not understanding the domino effect of compliance violations (i.e. government fines, reputational damage, negative publicity)
Here is the link for you to find out more. https://lnkd.in/gjrrkMK3.
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