Stopping Fraud Before It Starts

A couple of weeks ago, we mentioned a fraud case RISC uncovered that had gone undetected for years — the kind of thing that slips through when “vetting” means collecting paperwork instead of verifying it. Here’s what verification actually looks like when it’s done right.

Every vendor relationship starts with a decision, and that decision is only as good as the vetting behind it. Too many programs treat vendor vetting as a one-time exercise: collect a license, insurance certificate, and self-inspection — done.

RISC’s vendor vetting process goes further. Our team independently verifies credentials, including licensing and insurance, and manages independent lot inspections. We then re-verify ongoing to ensure you are protected.

Anyone can collect a certificate. RISC determines whether the certificate, license and underlying coverage are actually valid.

• Independent verification of licensing, insurance and required credentials
• Direct-source verification rather than vendor self-attestation
• Continuous monitoring rather than one-time onboarding
• Deficiency tracking and remediation 
• Independent lot inspection management
• Documented audit trail available to clients

Because effective vendor vetting isn’t about collecting documents. It’s about verifying the facts behind them. See How Our Vendor Vetting Process Works → Request an Overview

RISC has been the industry standard for independent third-party compliance oversight since 2009.

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