Certa Teams Up With Middesk to Enhance Business Verification Across Third Party Networks

Certa Teams Up With Middesk to Enhance Business Verification Across Third Party Networks

Blog
October 15, 2024

Certa is proud to announce a strategic integration with Middesk, the leading business identity platform, to enhance KYB screening across third party networks.

This partnership combines Certa’s robust risk management platform with Middesk’s advanced business verification technology and best-in-class identity data, delivering a comprehensive solution for assessing and managing third-party risks for large enterprises across industries such as financial services, life sciences, healthcare, manufacturing, retail and consumer goods.

Middesk is the leading business identity company offering best-in-class data products that support the entire customer journey, from business formation to onboarding and customer acquisition. Middesk makes business onboarding fast and frictionless with the most complete, up-to-date data, and helps customers assess creditworthiness and minimize default risk by identifying high-risk signals early.

Certa provides a comprehensive platform that enables organizations to assess and mitigate risks associated with their third-party relationships. Our end-to-end automation streamlines risk assessments, due diligence, and vendor onboarding, helping clients operate more efficiently while reducing exposure to potential risks.

Simplifying Vendor and Supplier Risk Management

In an increasingly interconnected economy, managing a network of vendors and suppliers poses significant challenges. Ensuring that each partner is legitimate and assessing their risk profiles is critical to maintaining operational integrity and avoiding disruptions. The integration of Middesk’s KYB, business verification, and credit assessment screening into Certa’s platform enables clients to efficiently and accurately evaluate these relationships, reducing the chance of engaging with high-risk or unreliable third parties.

Key Benefits of the Integration:

  • Enhanced Business Verification: Middesk’s platform provides detailed insights into the identity, legitimacy, and risk profile of businesses. This integration allows our clients to access real-time, verified data, ensuring they engage with reliable and trustworthy vendors and suppliers.
  • Streamlined Vendor Onboarding: With Middesk’s automated verification processes embedded within Certa’s platform, clients can significantly reduce the time and effort required to onboard new vendors and suppliers, allowing businesses to scale quickly without sacrificing due diligence.
  • Continuous Compliance Monitoring: Beyond initial verification, the integration supports ongoing monitoring of vendors and suppliers, alerting clients to changes in Secretary of State data, TIN, bankruptcies, and watchlist hits. This ongoing monitoring helps our clients manage risk dynamically throughout the vendor lifecycle.
  • Proactive Risk Management Across Networks: By centralizing vendor and supplier risk management, Certa, enhanced by Middesk’s data, enables clients to proactively identify and mitigate risks in their third-party networks, which is especially critical for industries with complex supply chains.
  • Data-Driven Decision-Making: The integration ensures that vendor and supplier decisions are based on accurate, up-to-date data from authoritative sources like Secretary of States. This reduces errors and improves decision-making, allowing clients to build stronger, more resilient third-party networks.

Ensuring Legitimacy and Compliance in Business Relationships

For businesses managing extensive vendor and supplier networks, the risks of engaging with unreliable or high-risk entities are significant. The Middesk integration allows Certa’s clients to ensure that every business relationship is thoroughly vetted, reducing exposure to operational disruptions or financial risks.

“We’re excited to partner with Certa to offer a more powerful solution for managing vendor and supplier networks,” said Kyle Mack, Co-founder and CEO at Middesk. “By integrating our business verification technology with Certa’s platform, our clients can operate with greater confidence, knowing they’re engaging with reliable, legitimate businesses. This partnership underscores our commitment to providing the best tools for verifying businesses and assessing risk.”

“At Certa, we set out with a clear goal: to make it easier for businesses to work together,” said Jag Lamba, Founder and CEO of Certa. “By partnering with Middesk, we’re enhancing our ability to verify and onboard vendors quickly and securely. In today’s world of increasing regulatory demands, this integration gives our clients the confidence to manage third-party relationships effectively, ensuring compliance while keeping risk management simple and efficient.”

Certa Teams Up With Middesk to Enhance Business Verification Across Third Party Networks
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Certa Teams Up With Middesk to Enhance Business Verification Across Third Party Networks

Certa Teams Up With Middesk to Enhance Business Verification Across Third Party Networks

Blog
September 17, 2024
Product and Company Updates
September 17, 2024

Certa is proud to announce a strategic integration with Middesk, the leading business identity platform, to enhance KYB screening across third party networks.

This partnership combines Certa’s robust risk management platform with Middesk’s advanced business verification technology and best-in-class identity data, delivering a comprehensive solution for assessing and managing third-party risks for large enterprises across industries such as financial services, life sciences, healthcare, manufacturing, retail and consumer goods.

Middesk is the leading business identity company offering best-in-class data products that support the entire customer journey, from business formation to onboarding and customer acquisition. Middesk makes business onboarding fast and frictionless with the most complete, up-to-date data, and helps customers assess creditworthiness and minimize default risk by identifying high-risk signals early.

Certa provides a comprehensive platform that enables organizations to assess and mitigate risks associated with their third-party relationships. Our end-to-end automation streamlines risk assessments, due diligence, and vendor onboarding, helping clients operate more efficiently while reducing exposure to potential risks.

Simplifying Vendor and Supplier Risk Management

In an increasingly interconnected economy, managing a network of vendors and suppliers poses significant challenges. Ensuring that each partner is legitimate and assessing their risk profiles is critical to maintaining operational integrity and avoiding disruptions. The integration of Middesk’s KYB, business verification, and credit assessment screening into Certa’s platform enables clients to efficiently and accurately evaluate these relationships, reducing the chance of engaging with high-risk or unreliable third parties.

Key Benefits of the Integration:

  • Enhanced Business Verification: Middesk’s platform provides detailed insights into the identity, legitimacy, and risk profile of businesses. This integration allows our clients to access real-time, verified data, ensuring they engage with reliable and trustworthy vendors and suppliers.
  • Streamlined Vendor Onboarding: With Middesk’s automated verification processes embedded within Certa’s platform, clients can significantly reduce the time and effort required to onboard new vendors and suppliers, allowing businesses to scale quickly without sacrificing due diligence.
  • Continuous Compliance Monitoring: Beyond initial verification, the integration supports ongoing monitoring of vendors and suppliers, alerting clients to changes in Secretary of State data, TIN, bankruptcies, and watchlist hits. This ongoing monitoring helps our clients manage risk dynamically throughout the vendor lifecycle.
  • Proactive Risk Management Across Networks: By centralizing vendor and supplier risk management, Certa, enhanced by Middesk’s data, enables clients to proactively identify and mitigate risks in their third-party networks, which is especially critical for industries with complex supply chains.
  • Data-Driven Decision-Making: The integration ensures that vendor and supplier decisions are based on accurate, up-to-date data from authoritative sources like Secretary of States. This reduces errors and improves decision-making, allowing clients to build stronger, more resilient third-party networks.

Ensuring Legitimacy and Compliance in Business Relationships

For businesses managing extensive vendor and supplier networks, the risks of engaging with unreliable or high-risk entities are significant. The Middesk integration allows Certa’s clients to ensure that every business relationship is thoroughly vetted, reducing exposure to operational disruptions or financial risks.

“We’re excited to partner with Certa to offer a more powerful solution for managing vendor and supplier networks,” said Kyle Mack, Co-founder and CEO at Middesk. “By integrating our business verification technology with Certa’s platform, our clients can operate with greater confidence, knowing they’re engaging with reliable, legitimate businesses. This partnership underscores our commitment to providing the best tools for verifying businesses and assessing risk.”

“At Certa, we set out with a clear goal: to make it easier for businesses to work together,” said Jag Lamba, Founder and CEO of Certa. “By partnering with Middesk, we’re enhancing our ability to verify and onboard vendors quickly and securely. In today’s world of increasing regulatory demands, this integration gives our clients the confidence to manage third-party relationships effectively, ensuring compliance while keeping risk management simple and efficient.”

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