Trusted partnerships are the backbone of growth and success.
SupplierGateway’s Enhanced Digital Certification (EDC) is a diverse business certification that shows a business is a reliable trading partner. This certification is a key to unlocking new opportunities with enterprise buyers. In this article, we’ll explore how EDC certification is a “must-have” for any business seeking to demonstrate credibility, safety, and trust to new and prospective buyers.
A Personal Verification
When a business owner makes the commitment to EDC certification, they provide peace of mind to potential trading partners regarding their reliability and credibility. The EDC certification serves as a verified report that a business is compliant and reliable. It includes thorough background checks and validations, such as proof of majority ownership, tax ID verification, and compliance with regulatory requirements like OFAC and EPLS. This certification assures potential buyers that the business is trustworthy and prepared to engage in partnerships.
EDC verifies multiple supplier statuses and verifications, including SME size standards, ownership, and various regulatory checks. By conducting these screenings in advance, businesses can demonstrate their readiness to work with major corporations and government agencies, thereby streamlining the onboarding process for both parties.
EDC Certification: Unlock Business Opportunities
An EDC certification can unlock new business opportunities. It signals to large corporations and government agencies that your business is reliable and dependable. This can lead to more contracts and partnerships, especially in sectors that prioritize inclusive procurement.
For instance, Kris Hale of Dope Pieces Puzzle Company has used EDC to help her feel prepared to do business with large organizations like CVS and the city of Atlanta:
“SupplierGateway’s EDC ( Enhanced Digital Certification) is a document that makes me feel empowered when I attend buyer’s events and talk to these bigger companies. As a two-person company, with this certification, I felt taken more seriously and that I have solid credibility.” – Kris Hale, Founder, Dope Pieces Puzzle Company
EDC Certification: Streamlined Process
The EDC process is designed to be fast and cost-effective, leveraging advanced technology to streamline the certification process. This makes it easier for diverse-owned businesses to obtain certification without the burden of traditional, lengthy certification processes. Kelly West of The MilesWest Group loves the EDC process because it’s so simple and takes such little time:
“It was so fast. I was able to apply in less than 10 minutes. The interface was super easy to use—it walked me through everything I needed, step by step. I didn’t need to call anyone or dig up a bunch of paperwork. It was probably the easiest part of getting certified.” – Kelly West, Founder, The MilesWest Group
Building Trust and Credibility
In both personal and professional contexts, verification of safety and reliability can significantly enhance one’s appeal as a partner. A clean bill of “business” health can reassure potential trading partners that your company is a safe and reliable choice.
By obtaining a diverse business certification via EDC, businesses gain a competitive edge, increased visibility, and trust within responsible sourcing programs while ensuring compliance with key regulatory requirements. It’s not just about meeting the requirements; it’s about demonstrating a proactive commitment to transparency and reliability.
In today’s business environment, where trust is a scarce commodity, EDC certification stands out as a beacon of credibility. It’s a digital badge that says, “We are verified, compliant, and ready to do business.” For diverse-owned businesses seeking to break into new markets or strengthen existing partnerships, EDC certification is not just an option—it’s a necessity.
Don’t miss out on the opportunities that EDC certification can bring to your business. Whether you’re a small business owner or part of a larger diverse-owned entity, this certification can be the key to unlocking new contracts and partnerships. Take the first step today by exploring how EDC can enhance your business’s credibility and visibility.
In a world where partnerships are built on trust and verification, EDC certification is your business’s clean bill of health. It’s time to leverage this powerful tool to secure your place in the competitive business landscape.
