Enhancing global oversight of third parties
We created a more consistent risk-based approach across the global business owners and processes to enhance...
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Minimise your risks through ongoing monitoring
Regulators strongly advise businesses to constantly monitor the activities of their partners to ensure compliance and minimise liability in an event of third party misconduct...
Reflections on the 2018 CPO Study
This time last year The Red Flag Group® collaborated with ProcureCon to conduct a study on the direction that 2018 would take for technology and the strategic transformation of procurement departments
Why effective third party management is crucial to your business
Many businesses fail to accurately assess their risk exposure because of an overly complex third-party management process, or an insufficient assessment as they...
How you can benefit from predictive analytics
The fact that we can predict opportunities in business, we may as well predict compliance and integrity risks. Traditionally, risk management has focused on mitigation and remediation - what might...
Supplier risk scoring explained: a car buying experience
The Risk Analyser built into the Supplier Integrity® platform gives clients a well-considered risk score based on over a decade of research and business intelligence. This score helps organizations...
Drive channel sales by optimising partner onboarding
Drive Channel Sales by Optmising Partner Onboarding
Enhancing global oversight of third parties
We created a more consistent risk-based approach across the global business owners and processes to enhance global oversight from the compliance department.
The challenges of third party compliance
IMDEX, leading global mining equipment, technology and services company was looking for additional review, assessment and remediation of the compliance risks facing the company’s third parties.
IntegraWatch® | Compliance Screening - Product Developments
This year we have created a new business unit, Information Services, to focus on gathering the data that our clients need to properly manage their compliance risks.
Webinar: Third-party due diligence and remediation | How to effectively deal with red flags
If your due diligence assessment indicates issues that require further attention, it is important to consider the types and source of information that are available and necessary to make a sound...
Pre-acquisition due diligence
A Resource Guide to the US Foreign Corrupt Practices Act, released by the DOJ and SEC in November 2012, was the first time that many compliance practitioners considered conducting pre-acquisition due
Which resources are required for a third party compliance programme?
When The Red Flag Group is assisting companies to roll out third party compliance programmes, the firm is often asked which resources will be required to oversee and maintain those programmes...
Benchmarking the due diligence efforts of technology companies
The Red Flag Group has amassed hundreds of thousands of due diligence reports in its 10-year history. During this time, the Firm has meticulously kept data on the major trends unearthed while ...
5 step process for preparing third party due diligence
The first and most obvious way to reduce numbers is to remove duplicates. While this sounds very simple, it can be made much more complex when organisations operate with your company in multiple count
Maximising screening across the entire business
There has been a trend over the last few years for governments to hand over to large businesses responsibilities for protecting people from modern-day slavery. This push on the part of...
Essential screening for vessels used in your supply or distribution chain
Standard due diligence on vessels and their related parties may not reveal ties to governments, entities, and individuals that are under sanctions.Therefore, many companies choose to go a step...
The rise of standardisation: a cure for regulatory uncertainty
People who live in Europe tend to hold ISO (International Organisation for Standardisation) standards in very high regard and the same can be said for people in most developing and recently...
Database screening for third party compliance
Companies have a number of choices when deciding how to quantify and deal with the compliance risks related to their partners. For higher-risk partners, active due diligence exercises can be...
Companies adopt a wait-and-see approach to ISO 37001
Although ISO committee members described the new ISO 37001 anti-bribery standards as a turning point for anti-corruption compliance programmes, many organisations appear content to rely on their ...
Compliance software – a solution or creating another problem?