Supplier Due Diligence for the Public Sector

Public bodies need a consistent and defensible way to assess suppliers and other counterparties. IQON brings screening, ownership information, structured review and evidence into one process that can be examined later.

Book a demo

Supplier

Nordvest Teknikk AS

Framework review

Framework review: Cleared
Ownership: Confirmed
Beneficial owners: 2 identified
PEP & sanctions: No match

Bring company information, ownership, screening, risk assessment, monitoring and evidence into one consistent process for suppliers and other counterparties.

Retrieve available company information and keep it connected to the counterparty relationship.

Establish the ownership structure and identify the individuals behind the organisation.

Screen relevant organisations and people against PEP and sanctions data.

Identify relevant adverse information that may affect the assessment.

Assess the relationship using explainable risk factors, regulatory requirements and company policy.

Detect relevant changes after the initial assessment and identify relationships requiring follow up.

Request structured information and supporting documentation directly from the responsible parties.

Turn changes, missing information and review requirements into owned tasks and actions.

Keep the checks, information, decisions and resulting actions in an auditable relationship record.

A supplier can change during the life of a contract. Ownership, board members, beneficial owners, sanctions status and other risk factors may all change after the initial review.

IQON helps keep the supplier relationship current through:

ownership and UBO visibility
PEP, sanctions and adverse media screening
continuous monitoring and change detection
structured follow-up and approvals
evidence and audit trail

The initial review establishes who you are dealing with. Ongoing monitoring helps ensure that picture stays current throughout the relationship.

IQON does not attempt to model procurement rules or public-administration frameworks. Those live in your own systems and your own policy.

What IQON provides is the due-diligence layer underneath: the screening, the ownership picture, the structured review and the record of what was decided.

Counterparty established

Collect available company information and the documents required for the initial review.
Ownership understood

Identify ownership, beneficial owners and the relevant people behind the organisation.
Risk assessed

Complete screening and risk classification using the information relevant to the relationship.
Changes followed

Monitor relevant data and bring material changes back into the review process when they occur.
Decisions evidenced

Record the checks performed, follow up completed and decisions made throughout the relationship.

Do you know your supplier, and can you prove it?

How IQON supports public sector due diligence

Company and entity lookup

Ownership and beneficial owners

PEP and sanctions screening

Adverse media

Risk classification

Ongoing monitoring

Information and documents

Workflow and follow up

Compliance evidence

Supplier due diligence does not end at award

Alongside procurement and case systems, not instead of them.

Counterparty established

Ownership understood

Risk assessed

Changes followed

Decisions evidenced

Start with the suppliers you already have.

Book a demo

Why IQON