Risk Management
Trust in Trade is Everything.
Transforming trade for good means building a future that is more transparent, efficient, and secure. Sourcery Connect was designed to protect our Partners—on every transaction, from producer to consumer.
Know Your Partner (KYP)
Connect introduces KYP (Know Your Partner), a next-generation verification approach that goes beyond traditional KYC/AML approachs to counter-party risk assessment. By triangulating identity, operational, and real-time transactional data, KYP gives you deeper, more accurate insights to trade with confidence.
Third-Party Assurance Partners
In addition to Know Your Partner (KYP), Sourcery works with leading global Assurance Partners to provide additional peace of mind. These independent inspection and testing providers support you with on-the-ground services and protocols developed by Sourcery—including transaction verification, site inspections, sample collection, and quality assurance. Learn more.
Trade with Agency
At Sourcery, we believe safe trading starts with people. That’s why Connect pairs digital intelligence with real human support—giving Transform Plus and Pro* users a dedicated Trade Engagement Professional to help facilitate transparency and trust before, during and after every transaction.
Trade with Agency
*Dedicated Sourcery Engagement Professionals are available with Transform Plus and Pro membership only. Trust Line is available to all members.
Trade Facilitation - We help Partners transact with greater transparency, efficiency, and trust.
Expert Guidance - Receive expert support on quality, transport and logistics, certifications, regulations, duties, and other trade-related matters.
Trust Line - Access real-time post-transaction support for trade real-time trade dispute, payment and delivery defaults and other matters. See below.
Trust in Trade is Everything.
Trust Line
As commercially neutral trade facilitators, the Sourcery Engagement team works closely with our Partners through the Trust Line to ensure transparent, efficiency, safe and honest trade for before, during and following every transaction on Connect.
Partners can register trade disputes and payment defaults with Trust Line, which will be followed by a post-transaction facilitation process and possible binding arbitration between buyer and seller transacting on the Connect. Requires Sourcery Partner membership. Above pictured Trust Line screens are currently under development, however, Partner can report an issue today by following the link below.
Trade Protection
Connect brings Trade Credit Insurance (TCI) to select pre-qualified Partners called Trade Protection—offering a safety net to sell products on credit to other businesses (B2C) via Connect. It protects the money you’re owed if a customer can't pay up to around 90% of the unpaid amount, whether the buyer is local or overseas.
Trade with Confidence and Trust.
The Trade Credit Insurance (TCI) solution through Sourcery gives our Partners the opportunity to trade with more transparency, confidence and assurance.
More Secure Growth - Protects you from the financial hit of a single big customer defaulting, especially helpful for newer or niche businesses.
New Market Expansion - Breaking into international markets? Trade Credit Insurance covers unfamiliar foreign customers too, easing cross-border trade risks helping you to expand to new markets.
Keep Cash Flowing - Protect your cash flow by ensuring you still get paid even if a buyer goes bankrupt or delays payment.
Data Stewardship
We designed Connect with data sovereignty, ownership, advanced security, and privacy at its core. All data is stored in your own Partner Data Vault (PDV)—a zero-knowledge system that ensures your business interests and information remain private and protected, online and offline, today and tomorrow.
We are serious about data—not even Sourcery can see or access* your data.
*Partners can give ‘view only’ access to Sourcery with explicit permission to manage post-transaction trade disputes. Permission can only be granted to specific Sourcery Engagement team members follow a formal Trust Line request.
Compliance and Reporting
The Intelligent Impact and Transparent Trade modules found in Connect were developed to meet and ‘presumptively’ comply with international global supply chain and impact regulation and protocols—giving buyers and sellers the confidence they need to trade and report with more transparency, efficiency and trust at scale.
*Sourcery continues to monitor the evolving changes, progress and reporting mandates of these regulations and will update its software and products accordingly.