White paper summary
Many companies in Southeast Asia face growing supply chain risk because of weak vendor verification. Without proper due diligence, businesses can end up working with fraudulent or high-risk vendors and suffer financial losses, compliance issues and operational disruption. This white paper sets out seven key risks and how to close them.
Inside this white paper
- Poor vendor screening and weak due diligence before onboarding.
- Weak financial oversight and payment controls that let inflated invoices and unauthorised transactions through.
- Poor recordkeeping that hides fraud, and slow responses when risks change.
- Why crisis planning, clear compliance policies and standard procedures make vendor fraud easier to prevent and detect.
Read the full white paper below. Related: Vendor onboarding checks · Talk to our team