Verified Providers on the Opporty Platform

Opporty BP
Opporty
Published in
4 min readNov 20, 2018

Continuing to introduce the functionality of the Opporty Platform, we want to zero in on the Verified Providers feature today.

In this article, we will explain what makes a verified provider, how many verified providers are currently on the platform, and we will tell you more about how offers and requests work on Opporty’s platform.

Who Is a Verified Provider?

The number of companies listed in the Opporty Catalog is about 17 million. To ensure a better user experience, given the many choices available, we had to conduct manual verifications for certain targeted industries.

Therefore, we created a verification procedure, along with the “Approved by Opporty” icon.

Verified Provider — is a company listed in Opporty’s Catalog that has successfully passed the verification procedure. All Verified Providers are marked with an “Approved by Opporty” icon on the platform.

Correct contact information enables us to deliver information about new requests, offers and other platform updates.

“Approved by Opporty” means that we have reasonable confidence in the company’s relevant contact information, and that they will be more likely to respond to relevant requests, offers and other forms of contact.

How Does One Become a Verified Provider?

There are three possible ways to become verified:

  • Some companies have been added to the Opporty Catalog by Opporty’s team. We have checked the accuracy of the information using several trustworthy sources.

We have conducted the verification process of business enterprises in our general database. It consists of multiple steps, including verification of reviews on other websites, verification of location and contact information, checking social media accounts (when possible), checking the thoroughness and consistency of information about the business on third-party websites, sourcing (when possible) other information about the company’s activities, etc.

We have informed all the added companies, asking them to check their profiles and to correct any wrong information. We have also provided the opportunity to delete the account in the event a company prefers not to be listed.

  • Companies find their profiles in the Catalog and use the ‘Claim’ feature to verify their businesses. After that, we initiate the verification process for them, as described above.
  • Companies added themselves on the website on their own. In this case, we conduct manual verification of the provided data as described above. If something is not clear, we approach the business directly to request missing information.

Once verification is passed, companies get the “Approved by Opporty” icon placed next to the company name.

After passing the verification process, companies receive notification that they have been added and are present on the website. We provide all the companies on the platform with information about possible ways to validate and edit their data.

Companies may also delete their accounts right from the website, or ask Opporty’s team to remove their data from the website. In the second scenario, we delete the account within 24 hours.

How to Use the Functionality of Opporty’s Platform

The Opporty platform allows companies and users to submit offers and requests. This has been the main functionality of the platform through late 2017.

Requests

A request is a posted message created by a company, service provider or individual user. It specifies the required type of services, and it can be posted on behalf of a company or a user. Companies may also submit requests anonymously if they do not wish to be contacted off the platform.

Each request targets a particular audience in a particular area, in order to solicit
proposals from vendors. A user who submits a request can compare all collected
proposals and choose the one with the best terms.

When a request is submitted, all relevant companies receive email notifications. We believe that verified companies are more likely to respond to relevant requests, as they are more likely to provide the services indicated in their profiles.

If Verified Providers are interested in a request, they may go on the platform and respond, offering competitive prices and high-quality services.

After the response, parties discuss the details of the deal and choose payment options, including, but not limited to, digital assets.

Offers

An offer is a message that functions as a niche-oriented proposal for companies in the industry, and is posted on Opporty’s marketplace by a business owner. Companies may also submit offers anonymously if they do not wish to be contacted off the platform.

The aim of offers is to appeal to companies who might be interested in a particular service.

When targeted offers appeal to certain companies, these companies receive email notifications. We believe that verified companies are more likely to respond to them, as they are more likely to provide the services indicated in their profiles.

If parties agree to arrange a deal, they discuss the details and choose payment options, including, but not limited to, digital assets.

We do not request confirmation from companies with the intent of accepting payment, including digital assets, and we do not request confirmation in order to use any available services on our platform at any particular moment or period of time. It is solely a company’s right to use the platform as they see fit, or to use technology provided by Opporty.

So far there are 6452 Verified Providers at Opporty:

  • 6300 companies were added to the Catalog by the Opporty team;
  • 29 companies have found their businesses on the platform and claimed them;
  • 123 companies have self-added.

There are 3342 verified law companies and 1148 accounting firms in Opporty’s Catalog.

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Opporty BP
Opporty

Three-layered business relationships ecosystem, consisting of a Proof-of-Expertise protocol, a business scoring system, and a B2B transaction platform.