This month’s Shoutout goes to

SupplierRate

A leader in supplier risk mitigation, supporting organisations to do business with greater certainty and full compliance locally and globally. With a firm foundation in South Africa and a global footprint, SupplierRate specialises in helping companies onboard and manage suppliers that meet all legislative requirements, while safeguarding their supply chains from exposure to risk.

At the core of SupplierRate’s offering is a robust risk mitigation suite that ensures decision-makers have verified, real-time information at every stage of supplier engagement. From initial assessments to ongoing monitoring, SupplierRate provides a structured, transparent view of supplier legitimacy and compliance.

Their QuickView Reports offer fast-turnaround checks, ideal for early-stage risk screening. These reports cover key compliance indicators that help procurement teams make informed decisions without delay.

For more in-depth insights, Advanced Supplier Risk Reports deliver a full 360-degree risk profile of potential and current suppliers. These include:

• Financial Health Assessments

• Bank Account Verification

• SARS Tax and VAT Compliance Checks

• On-Site Visits and Operational Validation

• PEP (Politically Exposed Persons) and Sanctions Screening

• Adverse Media Analysis

• Overall Risk Rating and Actionable Recommendations

These services are particularly vital in developing markets where public data is often limited, and the risks associated with fraud, non-compliance, and corruption are high.

SupplierRate’s structured approach to supplier onboarding ensures that procurement teams can comply with both South African legislation and international procurement standards while reducing the administrative load and speeding up decision cycles.

Supplierrate turns supplier risk management into a proactive, ongoing process. This empowers organisations to maintain resilient, compliant, and low-risk supply chains. The result is sustainable growth and greater procurement integrity.

Learn more: https://www.supplierrate.co.za/solutions