Vendor Background Screening and Protecting Your Brand

Many large organizations work with vendors to improve operations and increase productivity, but it’s important that a background check vendor management program is in place to reduce liabilities and create a consistent process to ensure compliance with federal laws like the Fair Credit Reporting Act (FCRA), as well as state and local laws. Businesses should consider implementing either loose management, mandated management, or full management when it comes to background checking vendors. A background check company should help the appropriate team member decide which is more appropriate.

 

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Posted Under: Vendor Due Diligence

Post By Ken Shafton (2,403 Posts)