V & M ASSOCIATES
(Advocates & Solicitors)
1) What are the steps involved in Vendor Compliance Audit?
Ans: Step – 1 – Fixing the Audit Schedule by the Auditor.
Step – 2 – Intimation of Audit Schedule and Audit check list to vendors / sub vendors through mail.
Step – 3 – vendors need to be update and upload the required statutory documents as per the check list.
Step – 4 – Auditor will cross check the documents and generate the preliminary report and will be circulated to the Vendors.
Step – 5 – Based on the preliminary report the vendor needs to submit / upload the pending documents if any.
Step – 6 – Based on the submission of pending documents by the Vendors, the Audit Schedule, will be closed and the Auditor will generate the Final Report.
2) Required data for creation of User ID and Password for Vendors?
Ans: Vendor need to share Name of the Representative / Auditee, Contact Number and Email id for two Members of their company.
3) Vendor Audit Portal address for login?
Ans: Portal address - https://www.vmlegalaudit.in/.
Next Step: (1) For Vendors Click Vendor login
(2) For Sub vendors Click Subvendor Login
4) What is Audit Schedule?
Ans: It is the date Commencement of Audit date and the Date of closure of Audit for the vendors/ sub vendors to upload the documents in the Audit portal.
5) How will I get the information about the Audit Schedule?
Ans: Through the Email Id of the vendors.
6) What will happen if the Vendor/Sub Vendor not uploaded the Documents within the Schedule Audit Period?
Ans: After the Closure of Audit period, the Audit portal will be closed and the Vendor / Sub Vendor cannot upload the documents for the Audit and it will be treated as Absent.
7) What is the difference between Vendor and Sub Vendor?
Ans: Vendor – who directly co ordinating with Principal Employer (SGS) will be treated as Vendors.
Sub Vendor – who works with the main vendor for supply of Manpower.