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THE

BEECHAMBER

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NEWS

WHY EVIDENCE QUALITY DETERMINES YOUR B-BBEE RATING

Hand tapping a yellow five-star rating on a turquoise background with abstract shapes and a smiling face, conveying positive feedback.

SANAS accredited B-BBEE Rating Agencies evaluate compliance based on verifiable evidence, not declarations or statements. Each claim must be backed by traceable data for certain elements, such as payroll records, training invoices, or latest supplier B-BBEE Statuses valid for the Financial Year End being verified.

 

Common B-BBEE Verification challenges include mismatched initiatives for different Financial Years, missing supporting documentation, and incorrect classification of information.

 

Automating calculations & evidence management using centralised data repositories and document tracking reduces audit findings and rework.

 

Membership Services are available to assist Members in understanding the B-BBEE Management and Verification process.

  

 

 
 
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