Due diligence investigations is a proactive measure undertaken by client’s who wish to mitigate instances of financial losses that may be incurred involving instances of employee misconduct,procurement fraud, bribery and corruption, theft, etc.

The value of due diligence investigations is often underrated as a proactive measure by companies and/or government departments and entities to mitigate possible financial losses incurred due to the conduct of employees or suppliers. Suppliers are appointed to provide a specific service, and only after the appointment of the service provider is it ascertained that the service being provided by the service provider is not their core business, or that the service had been outsourced to a third-party.

Due diligence investigations, inter alia, include the following:

• Employee vetting;
• Supplier vetting;
• Vetting of tender short listed bidders;
• Vetting of companies involved in mergers and acquisitions;
• Analysing lifestyle portfolios; and
• Supplier data base management advisory services.

We make use of proven techniques, vetting processes, and expertise, which are designed to assist organisations who are engaging new suppliers through their procurement process. It involves independently collating and reviewing relevant information and records of prospective and existing suppliers (tendering parties) with a focus on compliance, integrity, ethics, capacity, stability,performance, reputation, etc, which provides clients with a sense of peace of mind before appointing suppliers (tendering parties).

There is a growing concern globally where companies engage suppliers without establishing the following:

• Employees associated with such suppliers;
• Suppliers associated with other client appointed suppliers;
• Political associations in respect of role players associated with suppliers;
• Supplier reference checks – quality of services provided and completion of contract terms;
• Performance related – any penalties imposed due to contract breach;
• Etc.

To ensure a successful relationship with suppliers and to mitigate any possible risks associated with the appointment of suppliers, it is of the utmost importance that clients regularly manage the contractual agreements entered into with suppliers, and address any potential contractual breaches,to avoid any unnecessary disputes and/or financial losses incurred.
‍
It is also advisable that clients embark on an annual due diligence exercise to review all approved suppliers on their data base.

Globally the economic climate has created the growth by means of mergers and acquisitions, where global and local companies, including private equity groups, are regularly looking for opportunities to grow their market share.

We provide the relevant information to both the local and global companies, including private equity groups, to make informed decisions, prior to formally entering into any merger and/or acquisitions.We make use of various techniques, vetting processes and expertise to collate and review relevant data and records to ensure the quality of the information provided to clients.