A leading global supply chain risk-management organization on Nov. 4 announced its further expansion into the mining and energy sector after acquiring ComplyWorks Africa, Ltd.
Veriforce's acquisition of the South African company will target environmental safety and regulatory improvements, as well as sustainability priorities and effective management strategies, according to a press release by Veriforce.
"Our mission to 'help bring workers home safely' extends beyond borders and requires a comprehensive approach on a global scale," Veriforce CEO Colby Lane said, according to the release. "The success of ComplyWorks Africa helps to bolster our global commitment and position Veriforce for an even greater expansion of capabilities and world-class service."
The acquisition will consist of operations spanning more than 100 countries across Europe, Africa, and the Middle East, covering 120 languages.
The release states that the venture was founded in 2011 by Nicolai Massyn and his colleagues, brothers Ben Snyman and TJ Snyman.
"As companies shift their focus beyond safety and risk management toward sustainability and ESG matters, it's become increasingly important to provide global support and thought leadership to multinational enterprises," former president of ComplyWorks Africa Nicolai Massyn said, according to the release. "We're honored to join the Veriforce team and widen the coverage of the industry's most comprehensive solution for managing supply chain risk."
ComplyWorks' website states that it provides services that allow corporations to streamline the contractor payment process, keep track of third-party contractor information such as their certifications, and keep track of work incidents, all within a work management tool.
According to the Veriforce website, the company focuses on compliance management, reports and measurements for contractors to assess risk, carrying out client management practices for an organization and training employees on safety, financial plans and how to eradicate repetitiveness.
"As the only end-to-end supply chain risk and compliance management solution in the industry, we are uniquely positioned to identify and mitigate risk at both the company and the worker level, as well as train your workforce to stop mistakes before they happen," the website says.