Our Principles

Xcelerate Verification Agency fully understands the impact of accurate verifications on our client’s competitive advantage and the difference it can make between winning and losing potential business. We are therefore fully committed to the following principles (as supported by SANAS):

~ Responsibility

~ Transparency

~ Professionalism

~ Confidentiality

~ Impartiality is the actual and perceived presence of objectivity. Objectivity means that conflict of interest do not exist or are resolved so as to not adversely affect the subsequent events of a BEE verification agency‚ SANAS R47-02. Xcelerate Verification Agency is committed to providing an impartial verification service to provide confidence to our clients by ensuring all processes address impartiality threats, and identifying and mitigating risks to objectivity.

We are represented in Durban and Johannesburg, and conduct work across the country

~ We are Level 1 BBBEE certified

~ Our process is simple and streamlined, and places client delivery as the highest priority.

~ Our leadership has been recognized – we achieved finalist status in the KZN Top Business Awards 2011, as well as finalist in the Business Women’s Association Achiever Awards 2011.

~ We make donations well in excess of the BEE requirements every year, mainly to Lifeline, ECR’s Toy Story and Winter Warmth campaigns, Christmas Box, Round Table, Diabetes SA, SPCA and so forth.

As an integrated part of the verification service, we offer the following complimentary value-adds:

• Our methodology provides you with an educative overview on the BBBEE Codes of Good Practice, hence understanding the impact of business decisions on your scorecard performance.
• Once verified, you have the use of the Xcelerates (formerly Izikhulus) BEE Rating’s “BBBEE Certified Company” stamp on your company stationery.
• Our clients are kept updated via e-mail of any material industry developments that relates to BEE verification. BEE verification.
• Able to attend informative seminars free of charge.
• Clients are informed of the expiry of their current certificates and given sufficient lead time to embark on a successive verification.

BEE Verifications for the following category of clients:

Exempted Micro-Enterprise (EME): A business is eligible for an exemption certificate if it has an annual turnover of R5 million or less, or is currently in it’s first year of operation.

~ Qualifying Small Enterprise(QSE): An enterprise with annual turnover of between R5 million and R35 million qualifies for relaxed compliance by selecting any four of the seven elements of the B-BBEE Scorecard.

~ Large Enterprise : Large enterprises with annual turnover of R35 million and above are required to fully comply with all seven elements of the Generic B-BBEE Scorecard.

Additional services include supplier and management training, BBBEE scenario assessments and supplier certification