The business world thrives on connections, but those connections can be a double-edged sword. You need customers, distributors, dealers, suppliers and vendors, but how can you be sure they are who they claim to be? That’s where due diligence comes in!
What is due diligence?
The term Due diligence covers the steps that you take to verify the identity of your customers, distributors, suppliers and vendors and to assess and monitor their credit, supplier, and compliance risks.
Why is it so important?
- Protection against Financial Loss: Not all deals are created equal. Due diligence helps you avoid customers who might skip out on payments or lack the resources to fulfil their commitments.
- Risk Shield: You can be defrauded while dealing with unreliable counterparties. Due diligence helps identify risky counterparties early on, so you can steer clear of them.
- Legal Landmines: Regulations are constantly evolving, and compliance is key. Partnering with a non-compliant company can land you in hot water. Due diligence keeps you safe.
- Safeguard Your Reputation: Your reputation is gold. Don’t risk damaging it by transacting with dodgy counterparties. Due Diligence is essential to identify the bona fides of a business entity and its management
How can Rubix Due Diligence help?
- Discreet & Trustworthy: We get the intel you need without compromising confidentiality.
- Comprehensive Data: Dive deep with info from over 120 sources to understand your counterparty fully.
- Cost-Effective: Get high-quality reports at very competitive prices
Don’t take unnecessary risks! Obtain a Rubix Due Diligence Report before onboarding your next customer, distributor, dealer, or supplier.
Email us at info@rubixds.com or please call us at +91-22-4974 4274.
