SANAS BEE accreditation |
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| SANAS BEE accreditation is fast becoming vital to businesses around South Africa. SANAS is the South African National Accreditation System, a governing body that ensures a particular standard is met by certification bodies, such as BEE verification agencies. Integra Scores (Pty) Ltd is a BEE verification agency that removes the complexity and confusion surrounding Broad-based Black Economic Empowerment and assists companies in determining their BEE status. |
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About Integra Scores |
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| Integra Scores is a SANAS accredited BEE verification agency, a full member of ABVA (Association of BBBEE verification agencies) and one of the founding members of the KZN BEE Forum. |
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BEE: an opportunity for growth |
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| The company’s purpose is to help bring about transformation in businesses, assisting them to reach their full potential in South Africa’s new and developing economy. This includes changing the idea of BBBEE compliance as an unwanted requirement into the understanding that it’s an opportunity for marketing and growth. |
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| A successful transformation and empowerment plan |
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| Integra Scores assists businesses by helping them to implement a successful transformation and empowerment plan based on Broad-Based Black Economic Empowerment (BBBEE). |
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| BEE doesn’t have to be arduous |
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| Integra Scores seeks to educate businesses on four points: |
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- BEE is not complex
- BEE is not challenging to execute
- BEE is not a threat to your business (irrespective of whether it’s 100% white-owned)
- BEE is essential to business growth and success in South Africa
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| The 7 elements of BEE and business classifications |
| The 7 elements of BEE |
- Ownership equity
- Management control
- Employment equity
- Skills development
- Preferential procurement
- Enterprise development
- Socio-economic development contributions
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| Business classifications |
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| Exempt Micro Enterprise (EME) |
- Annual turnover of less than R5 million
- Automatic level 4 contributor status
- Companies in first year of start-up qualify as EMEs
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| Qualified Small Enterprise (QSE) |
- Annual turnover of less than R35 million
- Measured against four of the seven elements
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| Generic Enterprise |
- Annual turnover of more than R35 million
- Rated against the generic scorecard
- Scored against all 7 elements
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| Why does a business need SANAS BEE accreditation? |
| BEE is a permanent fixture in South African commerce and the government expects businesses to become BEE compliant within the next ten years. |
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| SANAS BEE accreditation is the industry standard against which businesses will be measured; hence the necessity for the qualification. BEE requirements are not enforced at present, but BEE compliance will affect the long-term sustainability of a business. Thus, businesses aspiring to flourish in South Africa will benefit from a good BEE scorecard. |
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| 7 Advantages of SANAS BEE accreditation |
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| 1. It attracts new business |
| BEE compliance attracts new business as companies will increasingly favour procurement from suppliers with the best BEE qualifications possible. |
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| 2. It offers opportunities |
| If BEE compliancy is gained quickly, the opportunity exists to acquire new business due to non-compliant competitors. Also, compliant businesses are allowed to tender for projects, apply for licences and obtain permits. |
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| 3. Incentives |
| BEE accredited businesses have opportunity to access tax incentives and financial grants. |
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| 4. Avoid bureaucratic red tape |
| Instead of answering long BEE questionnaires and wading through tedious admin when tendering for a contract, BEE accredited companies can simply submit their BBBEE certificate. |
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| 5. Protection of existing business |
| A good BEE scorecard will protect existing business. Over time, preferential procurement will affect business in every area of the supply chain; and a superior BEE qualification will prevent business being lost to BEE compliant competitors. |
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| 6. Skills development |
| There are multiple benefits that can be achieved by skills development, which is one of the 7 elements of the BEE scorecard. These include greater competence, improved productivity, increased efficiency and better customer relations. |
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| 7. Higher employment rates |
| Higher employment rates help to alleviate poverty and reduce crime. |
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| For optimum success in South African commerce, obtain your SANAS BEE accreditation with Integra Scores. |
