Abstract: at present, counterparty verification is used in almost all large Russian companies. This is the result of the reaction of companies to unscrupulous contractors, such as “one-day firms,” which complicate the financial and economic activities of an economic entity. As a result of which, legal risks also arise. The share of risk in conducting any business is high and no organization is safe from possible fraud on the part of partners. The main goal of each enterprise is to maximize profits and maintain its image. To achieve these goals, procedures have been developed to carry out verification of counterparties. Each manager asks how to find honest partners and reduce possible risks.
This article discusses the problem of monitoring counterparties that occurs prior to beginning interaction with them and the main points of monitoring organizations in the process of activity. The need to automate the most routine processes performed by employees in order to minimize errors and reduce economic costs and identify the main inspection plans in which automatic verification cannot identify all the subtle points in the analysis process is revealed. The development of the main processes for monitoring counterparties was carried out, and the importance of introducing new technological solutions was noted.
Keywords: monitoring, counterparties, verification, observation, automation, financial crimes, trigger events