Arcivate has renewed its Hellios FSQS Stage 2 supplier qualification accreditation for the Financial Services sector.
Surrey UK – March 5th, 2024
News Facts:
We have renewed our Stage 2 Qualification for our business process and practices as part of our ongoing commitment to our Financial Services clients. Our information is now available to financial services buying organisations using FSQS.
The FSQS accreditation is valued by a growing number of purchasers in the financial industry as it indicates a successful audit process and demonstrates Arcivate’s commitment and capabilities to the sector. As the regulated environment in the financial sector becomes more complex, FSQS accreditation provides them with a standard and simple methodology for collecting and managing supplier compliance information.
FSQS helps introduce responsible business practices and is now used by 70 Banks, Building Societies and Insurance companies:
ABN AMRO Bank Aldermore Bank PLC Allied Irish Banks Arbuthnot Latham Athora Group Bank of England Bank of Ireland Benefact Group BNP Paribas BoC (UK) C. Hoare & Co Canada Life Castle Trust Bank Chetwood Financial Close Brothers Covea Insurance Darlington Building Society Deutsche Bank Earl Shilton Building Society Ecclesiastical Insurance Ecology Building Society esure Fidelity Bank Financial Conduct Authority (FCA)
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First Central Group Firstrand Limited Furness Building Society Griffin Hampden & Co Handelsbanken Hastings Group Hinckley & Rugby Building Society Hiscox Irish Life Lloyds Banking Group LV Financial Services M & G plc Marsden Building Society Metro Bank Monument Bank Monzo Bank Moody's MotoNovo Finance Nationwide Building Society NFU Mutual Nottingham Building Society Oxbury Bank PCF Bank
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Permanent TSB PremFina Principality Building Society Redwood Bank RSA Insurance Group Sainsbury's Bank Santander Schroders plc Shawbrook Bank Shepherds Friendly Society Suffolk Building Society Swansea Building Society Tandem Bank Teachers Building Society The Family Building Society The Phoenix Group Tipton & Coseley Building Society Tokio Marine Kiln Triodos Bank TSB Union Bank UK Virgin Money Weatherbys Bank Yorkshire Building Society
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See how our Mi Invoices SaaS solution, helps in providing compliance and business benefits.
Compliance Areas Covered:
- IT and Cyber Security
- Operational risks
- GDPR
- Financial
- Anti-bribery/Fraud
- Insurance and third-party certification
- Health and Safety
- Environment and sustainability
Benefits to our Customers:
- Immediate access to accurate, comprehensive and high-quality data
- Reduced time and cost associated with pre-qualification, assurance and ongoing compliance
- More effective identification and management of supply chain risk and brand reputation
- Enhanced management information reporting on key supplier measures
- Ability to source creditable third parties
- Validation of supplier data
About ARCivate
Arcivate was founded in 2010 and we provide a SaaS Automated Invoice Processing Cloud Service integrated with Oracle Finance platforms. Mi Invoices, our solution enables the Digitalisation and Transformation of your Finance and Accounts Payable teams process by automating the processing of inbound Supplier Invoices. Expertly delivering digital transformation for your business, across Oracle platforms and applications into both on-premise and Cloud environments. As a valued Oracle Cloud Build Track ISV Partner, we use both Oracle’s and complementary cutting-edge technologies to provide flexible and configurable solutions, to meet our client’s individual requirements.
What information is shared in the FSQS Community?
The vast majority of information collected by FSQS relates to the supplier's company and its policies and procedures, plus the products and services that are supplied. Some of the questions asked are specific to a particular customer and where there are answers to questions that have been provided, which are deemed to be specific to a particular customer, this data will only be shared with the applicable customer and will not be shared with any other bank or financial services organisation or that may join FSQS in future.
Please see Hellios Buyers Services for more details:
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