Ethixbase360 Dramatically Improves Business NSW’s Due Diligence Process
Some things get better with age – wine, friendships, and institutions like Business NSW. Founded in 1826 as the Sydney Chamber of Commerce, the non-profit organization has a long history of advocating for and serving the needs of small businesses in Australia.
Today, Business NSW boasts approximately 70,000 members, 760 employees, and 42 offices across the country, plus over 2,000 on-hire workers that it deploys to clients at any given time. The organization is older than the Commonwealth of Australia, which became a nation in 1901.
Business NSW stays on the cutting edge to thrive and adapt in a fast-changing business landscape, especially when it comes to due diligence and risk management. It utilizes Ethixbase360 to conduct rigorous screening, evaluation, and ongoing monitoring of its supply chain, which includes vendors of personal protective equipment and uniforms, information technology and communication products and services, and construction materials and equipment.
The Ethixbase360 Solution and Benefits
In February 2022, Business NSW started using Ethixbase360, which dramatically improved its due diligence and risk management process. “I’m happy to say that it has been an absolute 180 degrees shift for us in terms of the results that we’re seeing,” said Neha.
Here are some of the ways Ethixbase360 streamlined Business NSW’s due diligence workflow, increased efficiency, and strengthened the risk management process…Download to read more