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Financial Verification

Vendor / Supplier Verification

TAT: 5-7 Business Days
100% Compliant

Service Overview

Third-party risk management requires verifying a vendor's registration, GST compliance and reputation. We confirm ROC and GST registrations, check the background of directors, analyse financial health and litigation exposure, and where required verify the physical office or warehouse.

Comprehensive background checks and due diligence on business partners, vendors and suppliers.

Vendor / Supplier Verification at a glance

Turnaround time
5-7 Business Days
Coverage
MCA, GSTN, credit bureaus and physical verification, all India
Check category
Financial verification
Legal basis
Companies Act 2013, GST Act 2017 and public records

Why this check matters

A shell vendor is a standard vehicle for procurement fraud and for laundering. Verifying registration and physical presence before onboarding is the control that stops it.

Key Features

Business Registration
GST Verification
Director Background
Financial Health

Our Verification Process

1

Verification of ROC and GST registrations.

2

Director background and directorship checks.

3

Financial health analysis (Credit/Litigation).

4

Physical office/warehouse verification.

Who typically needs this check

  • Procurement and supply chain teams
  • Organisations with a supplier code of conduct
  • Regulated sectors with third-party risk rules
  • Anyone onboarding a new payee at scale

Red flags this check detects

  • GST registration cancelled or non-existent
  • Registered address is residential or untraceable
  • Directors linked to struck-off companies
  • Incorporated days before the tender

Documents Required

  • GST Certificate
  • PAN
  • Company Registration

*Note: Digital copies are usually sufficient for initial screening.

Get a Quote

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Need Help?

Have questions about this service or custom requirements?

+91-9350283562
FAQ

Vendor / Supplier Verification — Common Questions

The standard turnaround time for Vendor / Supplier Verification is 5-7 Business Days. Timelines can extend if a source such as a court registry or previous employer is slow to respond.

GST Certificate, PAN, Company Registration. Digital copies are usually sufficient for initial screening.

Business Registration, GST Verification, Director Background, Financial Health. Every check is delivered as a report with a clear pass, discrepancy or unable-to-verify outcome.

Yes. Explicit written consent from the candidate is mandatory before we begin any financial verification, as required by the DPDP Act 2023. Consent can be withdrawn at any time.