Onboard a third party

Verify third-party identity and assess ownership, risk, and compliance information before onboarding.

Agent integration prerequisite: The agent requires access to first-party third-party master data, internal risk policies, and connected approval and notification workflows.

1. Identify & Verify

Prompt

"Provide me with D‑U‑N‑S number and registered company names for Meridian Precision Components, 2800 Industrial Pkwy, Austin, TX 78744, US."

MatchToolDataToolCompany Entity ResolutionCompany Information

What comes back

D‑U‑N‑S: ••••••035 (verified)
Registered name: Meridian Precision Components, Inc. (registry match)
Address: 2800 Industrial Pkwy, Ste 100, Austin, TX 78744, US (verified)
Match confidence: High — name + address + registration number
Status: Active — operationally active
Start year: 2009
Legal form: Corporation

2. Enrich with associations

Prompt

"Check the family tree and principals for Meridian Precision Components, Inc. (D‑U‑N‑S ••••••035), and update internal records with all identified principals & beneficial owners."

OwnershipToolContactToolHierarchies & ConnectionsOwnership InsightsPrincipals & Contacts

What comes back

Corporate hierarchy — Global ultimate: Meridian Industrial Group, Ltd. (D‑U‑N‑S ••••••397, London, UK) · Domestic ultimate & immediate parent: Meridian Holdings NA, Inc. (D‑U‑N‑S ••••••612, Wilmington, DE) · Ownership: 100% · Family tree: 14 entities across 6 countries.

Principals — Most senior: Sarah Chen, CEO · Board members: 5 · Current principals: 7 (CEO, CFO, COO, VP Sales, VP Engineering, General Counsel, CTO).

Beneficial owners — 2 UBOs identified (verified) · Looping relation: none detected · Majority shareholding: Meridian Holdings NA, Inc. — 100%.

Proposed internal record updates: add 7 principals with roles, add 2 UBOs, and link parent D‑U‑N‑S ••••••612 and global ultimate D‑U‑N‑S ••••••397.

Go deeper: Full family-tree detail, historical ownership changes, and signing-authority data are available with enterprise access.

3. Risk Assessment

Prompt

"Evaluate Meridian Precision Components, Inc. (D‑U‑N‑S ••••••035) with internal data based on internal risk policy to form a complete risk assessment, and provide rationale."

RiskToolPaymentToolBusinessEventsToolFinancial Strength InsightsThird-Party Risk InsightsPayment InsightsFilings & Events

What comes back

D&B risk indicators — D&B rating: 3A2 · Financial strength: 3A ($10M–$49.9M) · Risk indicator: 2 (low) · SER: 3/9 (low) · SSI: Class 2 (stable) · Failure Score: 82/100 · PAYDEX: 78 (prompt payer). Filings & events — no lawsuits, bankruptcies, insolvencies, or fraud flags.

Policy evaluation: all indicators pass internal thresholds. The entity is verified, operationally active since 2009, with transparent ownership (2 UBOs, no looping) and a clean legal history. Overall risk rating: Low. Recommended action: proceed with onboarding on standard terms.

Go deeper: Full financial statements, historical PAYDEX trends, and board composition are available with enterprise access for enhanced due diligence.

4. Trigger workflows

Prompt (status update)

"Update status for Meridian Precision Components, Inc. (D‑U‑N‑S ••••••035) to approved in internal systems."

Prompt (notifications)

"Notify compliance and procurement teams of status change for Meridian Precision Components, Inc. (D‑U‑N‑S ••••••035)."

DataTool

What comes back

Proposed status change: new status Approved; target systems — vendor master (ERP), compliance register, procurement portal; risk classification Low; onboarding date 2025-06-25; annual review cycle. The agent awaits confirmation before executing.

Prepares notifications: Compliance (email) — approval following risk assessment, rating Low, UBO documentation attached; Procurement (email + Slack) — approved in vendor master, standard Net 30 terms, proceed with PO creation. Next steps: generate onboarding checklist and schedule the annual review for June 2026.

Above is an illustrative example using a synthetic company with representative D&B data elements.

Try This Workflow

Try It Now

More supply guides

Onboard a supplier

Verify supplier identity, ownership, and risk data to support faster onboarding.

View guide

Assess supplier risk

Screen suppliers for financial, operational, and compliance risks before making decisions.

View guide