BBBEE Supplier Vetting

Build a B-BBEE supplier network your community can be proud of.

Full-Service B-BBEE Supplier Vetting

We assess the B-BBEE compliance status of your suppliers, including new, existing and potential business suppliers in all sectors, countrywide.

Our high-level risk assessment covers every step of the supplier engagement process and caters to large businesses with multiple suppliers.

The B-BBEE supplier chain is a crucial aspect of driving socio-economic change and sustainable transformation in your communities.

Honeycomb BEE promises quality, diligence and extensive knowledge of B-BBEE. We uphold what is written in law and gazetted, helping you to truly transform your business

Supplier Vetting & Onboarding

Supplier vetting entails checking supplier ownership to confirm if the entity is 51% black-owned or more. We verify B-BBEE affidavits, tax certificates, share certificates and relevant operational licences.

Supplier Risk Assessment

Our team identifies the financial, ethical and reputational business risks posed by your suppliers. Non-compliant suppliers risk your company’s growth and ability to promote sustainable transformation in designated communities.

 

Supplier Compliance Assurance

We provide a detailed report on whether your suppliers meet B-BBEE requirements. Even if they have valid certificates, we report on compliance at an operational level, mitigating the risk of B-BBEE fronting.

Our B-BBEE Supplier Vetting Process

The risk assessment process follows 5 main steps:

  1. Onboarding: Share requested supplier documentation with our analysts. This enables us to set up the Quality Management System (QMS) and update our supplier database with a list of certificates.
  2. Document Validation: We validate the initial documentation of your suppliers.
  3. Document Monitoring: We ensure the most recent documents are on file at all times and monitor them using the QMS.
  4. Intermittent Criminal Checks (If Required): We ensure suppliers are not involved in any criminal activities inclusive of child labour, fraud or money laundering.
  5. Reporting: Detailed and accurate reporting at all times until the B-BBEE certificate expires.

Get a Comprehensive BBBEE Supplier Vetting Report ?

Our supplier risk report indicates which of your suppliers comply with B-BBEE requirements. Since B-BBEE certificates last a year, this is an annual process with ongoing updates.

The report helps you to navigate B-BBEE conversations with suppliers, mitigating the risks of partnering with them if they are non-compliant. You will have the knowledge to choose suppliers that are better for your business and better for the community.

Minimum scope of the report

  • Vetting and expediting supplier B-BBEE verification
  • Supplier documentation and data capturing
  • Monthly supplier maintenance and ongoing updates
  • Annual ownership reviews
  • Assessing the risks of fronting

Our Clients

We’ve helped leading brands across South Africa meet their BEE requirements.

Get a Quote

Do you need to assess the BBBEE risk of your suppliers? Complete the form and we’ll call you back for a turnkey BBBEE Supplier Risk Assessment tailored to your business.

Contact Us

    Head Office

    Phone

    0861 HONEYCOMB (466 392 662)

    (011) 880 1630

    Fax

    086 520 5064

    Address

    27 14th Avenue
    Northmead
    Benoni
    1501