Did you know that over 85% of fraudulent supplier collaborations can be prevented with AI-driven insights?
In today's global trade environment, businesses face a myriad of hidden risks when working with suppliers. From sudden overnight scope changes to shell companies masquerading as legitimate entities, these risks can severely disrupt operations if not addressed promptly.
Common Supply Chain Risks
- Overnight Scope Changes: A Shenzhen circuit board factory lost its core assets overnight after the building was listed for judicial auction—a risk detected early by CheckSonar.
- Shell Companies: Businesses may unknowingly collaborate with shell companies, leading to significant financial losses.
- Legal Disputes: Numerous unresolved legal cases against your suppliers can signal underlying issues.
- Financial Irregularities: Suppliers in severe financial distress or labeled as zombie companies are red flags.
Solution: Proactive Risk Mitigation with CheckSonar
CheckSonar is an AI-powered risk intelligence platform designed to help multinational enterprises mitigate supply chain risks effectively. Here’s how it works:
High-Speed Data Processing Engine
Our engine rapidly scans massive datasets, correlates fragmented information, and delivers insights 200x faster than manual methods.
AI-Powered Risk Detection
Leveraging proprietary dynamic weighting algorithms, CheckSonar classifies risk levels with 99.3% precision, enabling real-time risk scoring powered by machine learning.
Intelligent Report Automation
Generate industry-specific compliance reports through optimized NLP models, achieving 98% accuracy with near-instant delivery capabilities.
Customer Success Stories
A company discovered through CheckSonar that their contracted supply factory had long been in financial crisis and was operating from temporary leased premises. Early detection via our report could have saved them from significant losses.
Another client avoided a $700,000 loss when they learned through CheckSonar that a Quanzhou garment factory had turned into a shell company.
What risk types can CheckSonar detect?
CheckSonar detects a wide range of risks including shell companies, legal disputes, tax violations, defaults, and more.
Do the 340 million covered social entities include enterprises outside of China?CheckSonar primarily covers Chinese social entities but includes relevant cross-border data crucial for international trade.
Will sensitive corporate data be leaked?No, we ensure all sensitive data remains secure and confidential within our system.
Is there a free trial?Yes, we offer a free trial for businesses to experience our comprehensive risk reports firsthand.
Is a printable version of the report available?Absolutely, users can download and print detailed reports directly from our platform.