Monthly Broker Audit Process — Effective 15th of Each Month 🧾

Monthly Broker Audit Process — Effective 15th of Each Month 🧾

Why this matters

Every broker claims to follow the process; the audit shows who actually does.
Starting on the 15th of each month, BOS will conduct a review of selected broker contracts from the previous 30 days.

The purpose is not punishment; it is quality control.
Suppliers expect clean deals. We expect professionalism.


🕒 When it happens

  • Frequency: 15th of each month

  • Selection: Two contracts from your recent submissions will be chosen for review

  • Scope: All contract types – gas, electricity, hospitality and non-hospitality

  • Notification: You will receive an audit email outlining the details


📄 What you need to provide

You will have seven days to supply the required documentation by replying to the email with ALL information.
After seven days, non-compliance will be logged automatically.

1️⃣ Pre-sale eligibility checks

Provide:

  • Credit check confirmation

  • Meter validation evidence

  • Notes of customer dialogue showing that:

    • No mis-selling occurred

    • The customer understood the contract terms

    • Eligibility was verified

2️⃣ Post-sale confirmation

Provide:

  • Proof that the customer confirmed the sale after submission

  • Either written or recorded confirmation

If it is not documented, it did not happen.


🗓️ Timeline

DayAction
15th                                 Audit email sent with two selected contracts
Within 7 days                                Submit required documentation via ticket reply
Day 8+                                Non-compliance logged; commissions paused

📞 Verification calls

BOS may contact customers from audited contracts directly.
These are verification calls, not tests.
They exist to confirm genuine consent and to protect all parties.
You will not be told which customers are contacted; that is deliberate. 


⚠️ What happens if you ignore it

Failure to comply with the audit will trigger the following actions:

Immediate impact

  • ⚠️ Commission payments paused 

  • ⚠️ Investigation hold placed on linked submissions

Continued non-compliance

  • 🚫 Restricted access to specific suppliers

  • 🚫 Increased audit frequency

  • 🚫 Suspension from submitting new contracts if the pattern continues

If you cannot produce the required documentation, that is not a system fault; it is a process failure.


🧠 FAQ

Q: Why was I selected?
A: BOS selects contracts at random from recent submissions. Everyone is eligible. 

Q: What if I cannot find documentation for an old sale?
A: That indicates a failure in your record-keeping. All pre-sales communication should be kept.

Q: Can I request different contracts to be audited?
A: No. Random selection preserves integrity.

Q: What if the customer does not remember the sale?
A: Then the issue lies within your pre-sale process. Expect a follow-up discussion.

Q: How long are audits stored?
A: Six years, in line with regulatory retention policy.

Q: What if everything is correct?
A: Submit the evidence, close the audit and move on. Routine compliance; nothing more.


✅ Best practice

  • Keep all pre-sale documents and confirmations filed at the time of sale.

  • Do not wait until day seven to respond; last-minute stress is unnecessary.

  • Record everything that matters; documentation is protection.

  • If uncertain, raise a Help Desk ticket before the deadline.


💬 Tone check

This is not about catching anyone out; it is about raising standards.
Each audit is a mirror that reflects the habits behind your sales.
When done correctly, it takes five minutes.
When done poorly, it becomes an investigation.


📅 Summary

✅ Audits occur monthly on the 15th
📂 Two contracts reviewed per broker
🕒 Seven days to provide documentation via ticket
⚙️ Non-response results in commission pause
🎯 Objective: 100% audit compliance rate


📣 Final word

Our best brokers will barely notice this process because they already work to standard.
For everyone else, consider it motivation to improve consistency.

Quality deals; clean records; zero stress. 💼⚡

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