Supply chain governance: Vendor vetting 

Jonathan McDonald—Executive Vice President, Public Sector 

In government procurement, due diligence in vendor selection is more critical than ever. Ensuring that businesses and individuals engaged in supplying goods and services are vetted thoroughly helps mitigate risks like financial loss, security breaches, and undue foreign influence. The need for transparency in ownership structures and affiliations has become essential to safeguard public interests. 

Supply chain diligence: Effective vetting of businesses and individuals

One of the key challenges in government procurement is the lack of transparency in a company’s ownership structure. It is often difficult to gain clear visibility into who truly controls a business, and hidden beneficial ownership can create significant blind spots, especially when entities are influenced or owned by individuals who remain undisclosed. Another critical concern is identifying foreign ownership or affiliations, which is essential for ensuring national security and regulatory compliance. 

Unfortunately, these connections are not always easily discernible from standard business data. Additionally, even when a business appears legitimate, the individuals connected to or capable of influencing the company’s decisions can pose a significant risk, highlighting the need for a comprehensive understanding of their roles and relationships. 

IDI offers a comprehensive solution 

Through its powerful data repository and advanced intelligent linking technology, IDI provides government agencies with a solution that addresses their primary vetting concerns head-on. By offering a detailed view of how individuals are connected to businesses and mapping complete corporate family trees—including hidden beneficial ownerships—IDI allows agencies to make more informed decisions throughout the procurement process. 

Expansive reach: With access to insights that leverage comprehensive business data, IDI delivers a full view of businesses and individuals at scale. 

Enhanced linking technology: IDI’s intelligent linking capabilities reveal connections that would otherwise go unnoticed, providing a holistic view of vendor networks. 

IDI delivers benefits across the supply chain vetting process 

Traditional vendor vetting solutions often focus on surface-level data, but IDI goes much deeper. By providing a clear picture of the relationships within a company, IDI supports informed decision-making during procurement and post-contract processes. This deeper insight helps mitigate financial, security, and undue influence risks, allowing agencies to engage with vendors confidently, knowing the full scope of who’s behind the business.  

IDI’s innovative solutions provide agencies with the option to commission detailed vendor vetting reports, uncovering hidden risks, ownership complexities, and influence patterns that might otherwise go unnoticed. 

Take action to improve your vetting process 

While many solutions offer vendor vetting, IDI goes a step further with its advanced relationship mapping including relative and associate connections, providing critical insight into the individuals and businesses that governments engage with. Our solutions don’t just provide data—they provide clarity, enabling you to make procurement decisions that stand up to scrutiny. 

Ensure that your agency’s procurement processes are backed by the most comprehensive vendor vetting technology available. By embracing a more thorough approach to vetting potential vendors, government agencies can build a more secure, transparent, and efficient procurement process. 

IDI cares not just about the mission to deliver superior information for better informed decisions, but about the people who deliver on this mission. Our team is driven towards purposeful, impactful work and building the best solutions in the industry. Get started with a trial and see how we can enhance your supply chain diligence, mitigate risks, and protect national interests.