, Oct19619 Vital Veriphication – Staying Financially Safe and Secure Withmoney laundering costing the UK economy upwards of £37 billion each year, it is a problem that is in dire need of attention. On hand to help businesses is Veriphy Ltd, recognised by Corporate Vision as The UK’s Leading AML Solutions Provider – 2020. To find out more about this firm’s vital work, we profile them following their inclusion in Corporate Vision. For more than twelve years, Veriphy has been a UK- based supplier of domestic and global compliance checks and training, raising awareness of AML, credit, and HR solutions. The comprehensive array of solutions that the firm offers enables clients to best meet their own specific professional needs in the regulatory fight against financial crime. By law, the regulatory sector is obligated to fight against the wave of criminal economic behaviour, and Veriphy are helping clients develop proactively preventative measures that can effectively combat the illicit flow of dirty money. This can happen through the AML solutions that the firm offers in a number of ways. Firstly, Veriphy aim to increase knowledge around suitable AML methodologies and procedures that are genuinely effective. As a leader within AML compliance assistance itself, there is no firm better equipped to help clients build the foundations and maintain organisational commitment to effective AML procedures. Clients can benefit from advice on customer due diligence, monitoring, controls such as sanctions, disclosure of suspicious activity, record- keeping, and constant training. As well as the aforementioned AML solutions, the team at Veriphy can also help clients with a myriad of other services and checks. To name but a few, the firm can provide checks on domestic and foreign companies, driving licences, rights to work, adverse media, law firm bank accounts, and criminal records. Operating with optimal flexibility, the firm’s checks are available either by web, API, or batch, and the team pride themselves on delivering the same high-quality products and level of friendly support to all clients. Every business is at risk of being exposed to financial crime, be it a fledgling start-up, high-street medium enterprise, or multinational corporation. Veriphy’s services can be potentially beneficial to any business, though the firm works primarily in the regulated sectors of legal, financial and property services. From the initial expression of interest, clients can be up and running with Veriphy’s system within twenty-four hours, with word-of-mouth proving to be the most effective method of sharing the firm’s success. Regardless of the client, their size or industry, staff at the company always operate with the highest levels of professionalism. When interacting with any client and their check requests, attention to detail is of the utmost importance. Nothing can be missed to ensure that clients can continue working with total peace of mind when it comes to their finances. Should the client have any questions however, the team show complete willingness to assist with all queries; fundamental to Veriphy’s continuing success in a competitive market. Not only a competitive market, anti-money laundering is also a rapidly changing and evolving market. On the 10th January 2020, the UK and other nations across the EU are set to begin enforcing the Fifth Anti-Money Laundering Directive, or 5AMLD. The latest legislative attempt to tackle the increasingly expensive problem of money laundering, 5AMLD introduces new measures and regulations for companies. Fortunately, the team at Veriphy have done their homework, and researched the details of this new legislation. Clients can benefit from the firm’s knowledge, and heed its advice when it comes to remaining proactively compliant with the latest financial regulations. Ultimately, Veriphy’s status as the UK’s leading AML solutions provider is totally deserved, and a testament to its incredible work. Steadfast and strong in its pursuit of corporate excellence, the company continues to fulfil its mission of delivering simplicity, clarity, and informative power to the world of compliance. Contact: Richard Devine Website: www.veriphy.com May20055 Managing Businesses to Success As businesses become more complex, the need to find ways in which to manage them become easily complicated. The team at Vulpoi & Toader Management SRL have a great deal of experience transforming companies to make the most of what they have. Worthily recognised as Most Outstanding Business Management Services – Bucharest in Corporate Vision’s 2020 Corporate Excellence Awards, we look more closely to find out more. The heart of Vulpoi & Toader Management is a commitment to the team, to trust and to professionalism. Every client, regardless of background, receives the same approach. It’s a way of thinking that has allowed the team to reach incredible heights of success. “Due to its strong links with the Romanian top Universities, Vulpoi & Toader Management has been dedicated in supporting hundreds of local internships for work experience as well as knowledge exchange welcoming students from Indiana University, Kelley School of Business, Michigan.” Founded in 2004 by Marcel Vulpoi and Georgiana Toader, Vulpoi & Toader Management has taken pride of place as the largest book- keeping firm in Romania, and together with its subsidiaries serves clients from the UK, Turkey, Greece, and Romania. The firm is headquartered in Victory Square in central Bucharest and is the home of 130 professionals with an impressive degree of expertise in areas such as accounting, taxation, HR and payroll, M&A, insurance, staff outsourcing, FX, and GDPR. The business has always recorded a profit since its first year of operation and the financial statements for 2019 showed a profit of £748,000 on a £3,327,000 turnover. Amongst the firm’s most esteemed clients are names such as IKEA, Nestle, Decathlon, Suez, Adecco, OMV Petrom, Daimler-Chrysler, Lacoste, and the US Polo Assn. The 2008 financial crisis and 2020’s Covid-19 pandemic have proven challenging for businesses, but the team at Vulpoi & Toader Management have navigated the storm brilliantly with its clients seeking continuous advice on cash management, cost reductions and furloughing schemes. Due to its strong links with the Romanian top Universities, Vulpoi & Toader Management has been dedicated in supporting hundreds of local internships for work experience as well as knowledge exchange welcoming students from Indiana University, Kelley School of Business, Michigan. In all, it’s the team’s approach that sets them apart, with all staff committed to thinking out of the box where necessary. Many firms would struggle to have the courage, expertise and knowledge to assist clients who are experiencing difficult or complex situations and issues, but at Vulpoi & Toader Management, clients can be assured that everything is in hand. It’s the secret of this firm’s incredible success. Company: Vulpoi & Toader Management SRL Contact: George Avramescu Email:
[email protected] Telephone: +447706124821 Web Address: www.vtm.ro The business has always recorded a profit since its first year of operation and the financial statements for 2019 showed a profit of £748,000 on a £3,327,000 turnover. Amongst the firm’s most esteemed clients are names such as IKEA, Nestle, Decathlon, Suez, Adecco, OMV Petrom, Daimler-Chrysler, Lacoste, and the US Polo Assn. Corporate Excellence Awards 177