Third-Party Due Diligence Solutions

Molfar Intelligence Firm provides comprehensive third-party due diligence solutions to minimize risks associated with new partnerships. Our services include checks on vendors’ financial stability, legal aspects, and regulatory compliance.

Based on the vendor assessment, your company will be able to evaluate the risks of cooperating with new or existing partners.

Our deliverable is an analytical report with conclusions and recommendations based on third-party due diligence screening findings.

Understanding Third-Party Due Diligence

A request to conduct a partner audit is common for venture funds and investment firms, businesses planning partnerships or acquisitions, enterprises working with foreign suppliers, or corporations exposed to sanctions risks. The crux of third-party vendor screening is to help clients to know the real background of counterparties before establishing a partnership. Companies use our services to boost risk management, protect assets, and save resources that otherwise would be wasted on untrustworthy stakeholders. 

You can averse such negative consequences as sanctions, criminal charges, penalties, reputational damage, and more.

Our Third-Party Due Diligence Services

We provide third-party screening services that can solve different problems of your business. Third-party due diligence solutions is all-in-one solution for different requests related to contractor verification, risk assessment, compliance checks, and reputation analysis.

Financial Audit

A new partner can conceal true facts about the financial health of the company, performance results, debt obligations, and more. We can do an audit on the real state of affairs using OSINT methods to uncover financial risks, liabilities, and possible pitfalls. The third-party due diligence solutions can reveal a track record of financial crime, corruption cases, signs of money laundering or tax evasion, among others. 

Third-Party Screening of the Corporate Culture

Often, companies want their partners to have the same values and ethics to prevent corporate culture clashes and reputational hits. Molfar Intelligence Firm can analyze internal policies, stakeholder testimonials, and past scandals of your potential contractor. Hence, your business can avoid associating with a partner with a negative image in the industry. 

ESG Analysis 

Environmental, Social, and Governance (ESG) factors can be evaluated through the vendor risk screening services. You can learn truth about the contractor’s environmental impact, labor practices, corporate governance, and transparency before signing a deal. 

Benefits of Molfar Third-Party Screening

See Related Cases

Review our previous third-party due diligence solutions to know our work process on real-life examples. 

Energy Sector Case 

Request

‍Audit on a third-party supplier of ventilation equipment to identify any connections with Russia. The client is a supplier of ventilation equipment operating in 12 countries with over 10,000 completed projects in the B2B sector. 96% of their products comply with ISO and EU Ecodesign standards, ensuring a steady annual revenue growth of 18%.

‍Solution

‍We’ve analyzed customs invoices and supply routes as well as conducted a background check.‍

Result

• A sanctions evasion scheme involving rerouting through Kazakhstan to Russia was uncovered.
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• The partner concealed ties with Russia, posing reputational and legal risks.

Client's Decision

‍Termination of the partnership to avoid potential sanctions implications.