Enhancing global oversight of third parties
We created a more consistent risk-based approach across the global business owners and processes to enhance...
Do your suppliers meet the expectations of your integrity & compliance programme?Tell me more
Other content in this Stream
The Netherlands gives voice to child labour hidden in supply chains
In May of 2019, the Dutch Senate voted to adopt the initiative bill, championed by a member of the parliament Attje Kuiken (PvdA), requiring that all companies must declare that they will make efforts
Human rights and multinational business
The concept of including human rights in corporate risk management has broad implications for business across all sectors. One of the more immediate industries affected by this movement is the energy
Protecting your business when engaging politically-exposed persons
Nowadays, everyone is aware of the harm that a politically-exposed business partner or client can cause to an organisation – particularly in a place such as the Middle East, where the majority of...
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...
Top five integrity risks in your supply chain right now
We will explore the top five integrity risks that are likely hiding in your supply chain right now and provide practical tips for establishing an integrity risk assessment...
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...
Webinar: Executive outlook for supply chain 2019
SDCE’s annual Executive Outlook educational webinar brings together industry executives for a roundtable discussion of the top-level trends and developments taking shape in the supply chain sector.
Third party compliance without slowing down the business
Effective procurement and purchasing processes are vital for any company. If these processes are slowed down or delayed, it can cause ripples throughout a company’s entire supply chain...
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.
Compliance should actively engage in CSR initiatives
Had the compliance team been involved in CSR initiatives, looking out for tenders and payments from the start, organisations will stand a much lower chance of non-compliance.
Procurement and Compliance - Friends, Foes or both
Third party risk management is at the top of the priority list for many compliance professionals as some of the largest fines have been a result of malfeasance involving outsiders.
Charting the technological and strategic transformation of the Procurement department
The role of the CPO has grown in influence as C-Suite leadership recognises the value of savings and efficiencies procurement provides...
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...
How to manage compliance risks created by intermediaries
Dealing with intermediaries contains risk, and that risk increases if the intermediaries have no interest, capacity, or resources to formulate their own effective compliance 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 ...
Integrity due diligence in 30 points
The Red Flag Group has seen a significant increase of interest into a variety of risks that extend beyond the previously narrow focus of many companies.
Effective supplier due diligence vital in food industry
The golden arches of McDonald’s Corporation are recognisable all over the world. Many people think of it as the classic, all-American fast food meal, and people in Japan, Morocco and Russia know...
Things to think about when conducting bespoke due diligence