SFS Compliance Solutions, LLC has met the requirements for certification as a Minority Business Enterprise as defined by the National Minority Supplier Development Council, Inc. (NMSDC) and as adopted by the Carolinas-Virginia Minority Supplier Development Council.
Greenville, South Carolina – May 1, 2017 – SFS Compliance Solutions, an independent contractor (IC) compliance and pay agent service provider headquartered in Greenville, SC, is pleased to announce its certification with the National Minority Supplier Development Council (NMSDC) as a Minority Business Enterprise (MBE).
SFS Compliance Solutions is a new company launched in Q4, 2016 by industry veterans Ken Hernandez, CEO and Michael Matherly, Head of Sales & Partnerships. Mr. Hernandez explained the pursuit of MBE status by saying “NMSDC certification provides a vast and focused networking platform for SFS Compliance Solutions to establish business relationships with corporate affiliates and other Minority Business Enterprises. Additionally, Michael was the supplier diversity champion for Corporate Procurement at a Fortune 500 company prior to SFS, so his years of familiarity and positive experience in that role was instrumental in our decision to align with NMSDC.”
The certificate can be viewed here.
About SFS Compliance SolutionsSFS Compliance Solutions is an IC compliance managed services firm that screens contractor and small business engagements for client companies to ensure compliance with independent contractor classification criteria. Independent contractor classification, regulated by a myriad of states and federal agencies, is an increasingly important risk management and contingent labor workforce requirement for companies expanding into the new “gig economy” where short term, temporary engagements with independent or freelance workers is the trend. SFS Compliance Solutions supports the entire IC lifecycle on behalf its clients by providing not only the classification screening, but agent of record (AOR) services: onboarding, contracting, aggregated invoicing, contractor payments, off boarding, etc. SFS Compliance Solutions is a conflict-free IC compliance firm because they are not in the staffing or recruiting business and do not seek further placements of the independent workers the client organizations source themselves. Instead, SFS Compliance Solutions was born from the statement of work (SOW) managed services work that sister company Sourcing for Services provides to Fortune 500 companies.
SFS Compliance Solutions is certified as a Minority Business Enterprise (MBE) through the National Minority Supplier Development Council (NMSDC).
About the National Minority Supplier Development Council, Inc. The National Minority Supplier Development Council advances business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members. One of the country’s leading corporate membership organizations, NMSDC was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. See more at NMSDC.org.
Michael Matherly, Head of Sales & Partnerships
SFS Compliance Solutions, LLC
1754 Woodruff Rd., Suite 162