VERIFICATION PROCESS
NC Verfication Agency follows the following process in the verification cycle
Sales Engagement
(Within 2 days of request)
Client Document Gathering & Prep
(2 days after acceptance, also depends on the client)
Verification Preparation
(1 day)
Actual Audit & Onsite Reviews
(1 day, also depends on the number of sites to be visited)
Preliminary Report Issued
(Not more than 10 days after site visit)
Issuing Of Final Report & Certificate
(5 days after the final report)
Verification Process Explained
NC Verification Agency conducts a first meeting or telephonically to explain its procedures and what the process will entail. This will also be an introductory meeting of the NC Verification Agency team.
This step will involve the collation of information by the client as discussed in step 1
To ensure that you are properly prepared for the actual verification a preparatory session will be arranged to help you understand the scorecard and all the information requirements for the audit. This can be done telephonic or onsite. It must be noted that the client’s needs dictate the process so NC Verification Agency will try to meet each client’s needs
Upon readiness of the client a site visit will be set up and NC Verification Agency analyst will be allocated to do verification at the client’s premises of BEE claim made by the client. This includes but not limited to sampling monetary claims, shareholders, directors, and staff interviews
NC Verification Agency endeavours to ensure all draft reports for clients are issued within two – ten working days depending on the size of client. The Technical Signatory reviews all files within this period and draft issued on his acceptance on report from analyst and this is to ensure that if the NC Verification Agency processes were followed in conducting the verification, correct application of the applicable scorecard and , if sufficient evidence was obtained and the accuracy of the calculations.
Client is given five days to respond with acceptance or appeal of their score.
On acceptance and payment of balance owing, NC Verification Agency will issue final report
