Beecause Compliance International identifies, coordinates, and validates purchasers and suppliers in order to execute crucial transactions in numerous markets.
However, when the world changed in 2020, due to the global pandemic, our resources were primarily diverted to the Personal Protective Equipment (PPE) market. When the pandemic response sent supply chains into turmoil, and supply chains collapsed, we were determined to restore order and confidence to vital logistical processes. In pursuit of these goals, we developed and published an industry Standard Operating Procedure (SOP), scrutinizing every arrangement just as a doctor would evaluate an ICU patient’s chart. As a result, since 2020, Beecause Health has been entrusted with over $200 billion USD in transactional value.Personal Protective Equipment (PPE) marketplace.
We decided to vaccinate the industry.
About Us
Committed to healing the global compromise of Personal Protective Equipment (PPE) commerce, Beecause Compliance International established a new paradigm: Transaction Governance Oversight (TGO)™. As a rigorous, universal standard, TGO procedures afford Healthy Transactions™ through transparency, velocity, and verification for all parties.
As the crucial need for PPE has been obstructed by logistical, ethical, and legal barriers, the Beecause Compliance International Team has continued to leverage more than 60 years of aggregated core experience in concluding intricate and difficult multi-industry, multinational transactions. Regardless of sector or border, the Mission—to institute, safeguard, and complete mutually beneficial exchanges—requires tireless dedication and unique expertise. As a result, the Team has been entrusted with facilitating transactions totaling over $200 billion USD to date.
Healthy Transactions™ can be the future for all ailing markets. At Beecause Compliance International, restoring confidence and function to the PPE space is only the beginning.
History
Prior to the global pandemic, Beecause Compliance International’s compliance officers were providing their expertise to numerous industries. However, with the world’s reaction to coronavirus, our Team’s priorities shifted drastically. Desperate calls for PPE procurement assistance began to flood our offices. Governments, hospitals, healthcare providers, distributors of all sizes—everyone was overwhelmed. As we unraveled the colossal scope of this crisis, we reinvented our business to help.
The international emergency response had quickly overwhelmed medical supply chains worldwide. Immense demand, restricted travel, and resource limitations created shortfalls and uncertainty. The daily struggle for healthcare providers to obtain critical equipment including masks, gloves, gowns, and hand sanitizer had become chaotic. While people around the world were impacted by the pandemic response, the PPE supply chain had also become infected—with fraud. That fraud has inflicted physical harm, financial harm, and even death.
So we decided to vaccinate the industry.
As confidence in the PPE sector eroded, the man-hours, the expense, and the delays in providing vital resources to hospitals, first responders, and local authorities had become unconscionable. The situation had devolved so drastically that governments themselves had no choice but to intervene, bypassing distribution channels to purchase direct from manufacturers. In some cases, this has even brought various departments and agencies to cross-purposes, further exacerbating the problem.
After months of wading through this proverbial swamp, our Team, and the buyers working alongside us, decided enough was enough. It was time to return to the way ethical business was conducted before the pandemic response. This required comprehensive vetting procedures, operational transparency, and the removal of unscrupulous brokers, intermediaries, allocation holders, lien holders, authorized resellers, and other who served only to pollute and undermine the legitimate process.
As a result, proceeding only with validated Buyers and Sellers, we developed an Industry Transaction Standard as the Standard Operating Procedure for PPE. Simply, this Standard represented the rules authenticated parties were required to follow, without compromise. Since 2020, Beecause Compliance International has authored over two dozen successfully adopted Standards, including Government Transparent Acquisition Procedures (GTAP)™, Ledger Transparent Acquisition Procedures (LTAP)™, and Airlift Transparent Acquisition Procedures (ATAP)™.
Adherence to these measures rapidly connects substantiated buyers and sellers. This ensures that legitimate transactions will be completed with confidence and without delays while protecting all parties. These procedures are proven. These procedures work. Utilizing them cures the supply chain of its bad actor contagion and equips responders to safely perform their vital roles.
Even in a pandemic, common sense still applies.
We offer a complete package of compliance services to ensure that the transaction you are involved with is with the right parties. Verification of all information prior to official submission of documentation is critical to completing a successful transaction.
Includes, but is certainly not limited to the following: Non-Disclosure and Non-Circumvention Agreements (NCNDA); Procurement Letters (where applicable); Letter of Intent (LOI); Anti-Money Laundering (AML) Questionnaire; Know Your Customer (KYC); Irrevocable Corporate Purchase Order (ICPO) and Letter of Clarification.
We can recommend law firms to assist with international finance as well as serving in the capacity of Transactional Attorney. Escrow services are designed to protect Buyers and Sellers in all transactions. We can recommend an independent third party to hold payments until the seller or owner of the SGS fulfills their responsibilities in the transaction.
2023
January 12, 2023
Emerging from decades of due diligence, business development, and compliance navigation across multiple industries and international concerns, our Team met the pandemic response head-on. Quickly, there was a realization that the entire Personal Protective Equipment sector lacked compliance standards and, as a result, had become overwhelmed with fraud. In order to provide solutions, Beecause commenced a reconstruction of the shattered PPE supply chain.
We tasked our Chief Compliance Officer — in conjunction with law firms, bankers, and global investment entities — to establish rigid, transparent compliance standards covering everything from party verification, screening, banking, documentation, submission, review, due diligence, inspections, and logistics. Although this effort began with PPE, Beecause Compliance has now expanded into a standardized compliance platform for all industries and transactions.
2021
August 10, 2021
As the world changed, Beecause Health began to receive urgent PPE related requests from clients and operational partners. Buyers, sellers, law firms, logistics concerns, and medical facilities were facing unprecedented procurement disruptions.
The scope of these challenges—in lives and safety—drove our rapid focus shift to PPE Transactional Governance. This new imperative has allowed us to identify, guide, verify, and complete healthy, successful agreements amid a tumult of chaos and uncertainty.
2020
August 24, 2020
The Chief Compliance Officer sits down and explains in 5 minutes the role of Beecause Health as it relates to facilitating the acquisition of medical supplies for its clients.