Your Enterprise Is One Fraud Case Away From Disaster
25% of UK construction companies experienced fraud in 2024. Bid rigging cost the sector £60M+ in recent CMA fines. See how ScrapBull prevents it.
Supplier Fraud Impact
of construction firms affected
Avg. Payment Dispute
average dispute value
Data Breach Cost
average cost per incident
The Three Pillars of Trust
Our security framework is designed to protect every stage of the procurement lifecycle, from supplier onboarding to final payment.
Supplier Fraud Prevention
Eliminate identity theft, phoenix companies, and bid-rigging cartels.
- Fake identities & phoenix companies
- Bid rigging & price fixing cartels
- VAT carousel fraud schemes
- Govt-Backed VerificationDirect API checks with Companies House & Insolvency Service.
- AI Pattern DetectionAlgorithms flag identical bids and suspicious IP clusters.
- Biometric KYCLiveness checks for all directors and UBOs.
Live Verification Feed
Real-time identity & risk monitoring
Recent Verifications
Smart Contract Escrow
Funds are only released when quality and weight are verified.
- Non-payment after delivery
- Unjustified quality claims
- Cash flow uncertainty
- Milestone PaymentsFunds held in neutral escrow until delivery is verified.
- Binding Dispute Resolution7-day arbitration SLA for quality disputes.
- Automated ReleaseSmart contracts trigger payment instantly upon approval.
Smart Contract Monitor
Transaction ID: #SC-8821-X9
Enterprise Data Shield
Military-grade encryption for your pricing and procurement data.
- Competitors seeing your prices
- Leakage of sensitive specs
- Ransomware attacks
- Zero-Knowledge ArchitectureEven ScrapBull can't see your unsealed bids.
- Role-Based AccessGranular permissions for your procurement team.
- ISO 27001 CertifiedBank-grade security standards and auditing.
Data Fortress
End-to-end encryption active
Interactive Trust Scorecard
See how we quantify trust for every participant on the platform.
Supplier Trust Score
ExcellentSystem Recommendation
Real-World Fraud Prevention
See how ScrapBull stops common industry scams in their tracks.
Security Stack Comparison
Why enterprise procurement teams choose ScrapBull over manual processes.
| Security Feature | Manual Process | Basic Marketplaces | ScrapBull Enterprise |
|---|---|---|---|
| Supplier Identity Verification | Manual Checks | Email Only | WorkOS + Govt Check |
| Fraud History Screening | None | None | CMA + Insolvency Reg |
| Bid Collusion Detection | Manual Review | None | AI Pattern Detection |
| Payment Terms Lock-In | Handshake | Standard Terms | Milestone Escrow |
| Dispute Resolution SLA | 10+ Weeks | Undefined | 7 Days Binding |
| Cyber Insurance | Company Pays | None | £10M+ Included |
Test Your Fraud Detection Skills
Two suppliers bid £250/ton. A competitor bids £248/ton. Do you:
Compliance & Regulatory Resources
Tools, templates, and guides to help you navigate the regulatory landscape.
- Fraud Risk Assessment Checklist
- Payment Terms Agreement
- Material Spec Lock Template
- Incident Response Plan
- How to Spot Bid Rigging (CMA)
- Material Substitution Red Flags
- GDPR for Scrap Dealers (ICO)
- Cyber Security for SMBs
- 5 Signs of a Fraudulent Supplier5 min
- How Bid Rigging Works5 min
- Milestone Payments Explained5 min
- Breach Response 1015 min
Is Your Enterprise at Risk?
Schedule a free 30-minute security consultation with our Chief Security Officer.