Risk. When has it played a bigger part in your business decisions?

In today’s business environment, Risk Assessment is critical to keeping an organization strong by ensuring its operations are not at risk from suppliers’ non-compliance with legal regulations and contract provisions. Identifying gaps and closing them is in the best interest of your company, your associates, your shareholders—and your bottom line.

A Risk Assessment and Assurance Review, focusing on the examination of supplier compliance to non-commercial terms and conditions of agreements, is an essential tool in controlling and eliminating exposure to these risks. Our team works with clients to design a risk assessment and assurance program that will carefully examine supplier performance deficiencies and recommend appropriate corrective actions.

A Risk Assessment and Assurance Review is tailored to your organization’s specific needs and may encompass the following compliance areas:

• Co-Employment
• Background checks
• Drug testing
• Safety and jobsite protection
• Security issues
• I-9 Certification—USA Patriot Act
• Insurance/Bond requirements
• Supplier diversity programs
• Confidentiality agreements
• Subcontracts and other agreements
• Liens/Judgments/Claims
• Payroll Taxes
• Subcontractor viability
• Invoice audit provisions
• Labor cost & expense audit provisions
• Disaster preparedness & recovery