Top Tips On Protecting Your Business From Corporate Fraud
Tackling corporate fraud may not be as difficult as you imagine. Use Equifax’s top tips to protect your business from fraud.
- Don't be pressured into making a sale.
- Check out the customer / client thoroughly.
- Can they provide original headed company paper?
- Never accept handwritten order forms or faxes.
- Identify the business partners and directors.
- Ensure they are who they say they are and are where they say they are.
- Always confirm fax and telephone numbers.
- Try cold calling the number. Is the telephone code relevant to where the business say they are trading? Do they answer the telephone saying a business name?
- Always confirm the trading address of the business.
- Always check the information provided to you by the customer. Did they provide trade references or bank references?
- Don't assume the information provided is correct, always double check and follow up the references. Also, don't forget to check the business giving the reference - are they truly impartial?
- What goods have the client ordered from you, is the industry they're trading in relevant to what you supply?
- Implement cost effective and easy to use monitoring tools that can protect your own business from cloning and alert you to recent changes to your customers that you.
For more information about our Business Information Services or to become an Equifax customer, call us today on 0845 603 3000 or email at commercialuk@equifax.com.
