Risk Intelligence

Know Your Risk
Before Regulators Do

Compliance investigations can span years and cost millions. CoComply quantifies your classification exposure, flags supply chain risks, and gives you the evidence to demonstrate you took reasonable care, before anyone asks.

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Methodology

Comprehensive Risk Analysis

Every engagement assessed against the factors that matter

Classification indicators

Control, substitution, MOO

Engagement tenure

Extension patterns

Contract vs reality gaps

Terms vs working practice

Supplier compliance posture

Supply chain risk

Financial exposure

Tax + payroll taxes + penalties + interest

Risk Scores

Live

Critical

3

High

12

Medium

47

Low

285


ABC Consulting Ltd
£847K
TechPro Services
£312K
Digital Solutions
£156K

Defensible Risk Scores

Every contractor and supplier engagement scored against classification indicators, tenure risk, control factors, and financial exposure. Consistent methodology that stands up to scrutiny, not gut feel.

Risk Exposure

Risk Status

Controlled

4 of 5 risk areas mitigated


Risk Areas

Classification Risk
Low
Documentation
Complete
Supply Chain
Verified
Tenure Risk
Review
Audit Readiness
Ready

Understand Your Exposure

Quantify potential liability across your workforce with clear visibility into tax exposure, employer obligations, and penalty risk. Give your CFO the defensible numbers needed for board reporting and provisions.

Priority Matrix

Ranked
Engagement
Exposure
Likelihood
IT Contractor A
£847K
High
Marketing Consultant
£312K
High
Finance Interim
£245K
Medium
Project Manager
£156K
Medium
HR Specialist
£89K
Low

Prioritise What Matters Most

Not all risks are equal. Our priority matrix ranks engagements by exposure level, likelihood of challenge, and remediation complexity, so you fix the biggest problems first.

Risk Improvement

Q4 2024

Remediation Progress

Critical Issues 8 → 3
High Risk 24 → 12
Exposure Reduced £1.8M

42% reduction in total exposure

Track Progress, Prove Improvement

Show auditors and leadership how your risk profile has improved over time. Document the actions you've taken. Demonstrate reasonable care with evidence, not assertions.

Supplier Intelligence

Surface Supply Chain Risks Sooner

CoComply doesn't just analyse your data, we investigate your suppliers. Automated web searches and background checks flag potential issues: financial instability, compliance history, director changes, adverse news, and more. Know who you're really doing business with.

"When regulators investigate, they follow the supply chain. If your supplier has compliance issues, those questions come back to you. CoComply gives you visibility into supplier risk, so you're not caught off guard."

Risk Framework

Understanding Your Risk Profile

Clear categorisation helps you prioritise action

Critical

High exposure, high likelihood of challenge

Immediate remediation required

High

Significant exposure, defensible but vulnerable

Prioritise for review

Medium

Moderate exposure, reasonable defence

Monitor and document

Low

Limited exposure, strong position

Maintain current approach

Audit-Ready Reporting

The Numbers Your CFO Needs
for the Board

Senior Accounting Officers must certify appropriate tax arrangements are in place. External auditors are increasingly focused on contingent workforce risk. CoComply provides the documentation, exposure calculations, and trend analysis needed for SAO sign-off and audit committees.

What's at Stake

What Non-Compliance Really Costs

Based on £10m tax liability

Scenario Penalty Rate Total Cost
Reasonable care taken CoComply helps here 0%£10m
Careless error 0% – 30%£13m
Deliberate error 20% – 70%£17m
Deliberate + concealment 30% – 100%£20m

Plus: Interest accruing from original due date. Plus: 7 years of back-assessments.

"The difference between 'careless' and 'reasonable care' is documentation. CoComply provides the evidence that you took compliance seriously.

Risk Intelligence by the Numbers

£2.4M
average exposure identified per enterprise client
67%
of hidden contractors surfaced through analysis
3x
faster than manual risk assessment
When the CFO asked 'what's our exposure?', I could finally give her a real number, not a guess. £3.2M potential liability. That got the board's attention and the budget to fix it.

Head of Employment Tax

FTSE 250 Manufacturer