Configure workflows and automate risk-based actions
Ensure a consistent, automated and risk-based approach configured to your businesses third-party risk management processes and policies.
Workflows & Case Management
Ethixbase360’s configurable technology allows you to automate your third-party risk management workflows based on existing processes, with the ability to scale, refine and evolve as your business grows in size and complexity. Workflows can be configured to automatically detect specific events, risk levels and types and to trigger proportionate responses throughout the third-party risk management lifecycle.
Additionally, case management allows for human interactions in workflows, escalating third parties who require decisions and next steps to pre-defined ownership hierarchies while tracking open tasks through to completion. All tracked to evidence compliance.
Remove manual processes and streamline onboarding and ongoing third-party risk management
- Create business specific attributes to calculate and determine risk.
- Automate actions based on levels and types risk posed such as risk proportionate due diligence or triggering risk specific third-party engagement strategies such as questionnaires or training.
- Automatically extract information from returned due diligence measures to append third party profiles and, should risk change, trigger proportionate review.
- Set manual intervention points in workflows to facilitate decision making and create and assign tasks to track through to completion.
- Set policies to refresh compliance measures on third parties based on anniversary dates or influenced by risk level or type.
- Be confident that workflows are being consistently and automatically applied, saving your team time and providing a fully documented third- party risk management program.
![](https://ethixbase360.com/wp-content/uploads/2023/01/7-Complete-event-log-6.jpeg)
Ready to get started?
Resources
Our Latest News, Case Studies, Webinars & More
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Understanding Corruption: Navigating Third-Party Risk in Supplier and Vendor Relationships: Guest Blog by Michael Rasmussen
2024 Global Insights: Exploring Anti-Bribery & Corruption Across Jurisdictions
Date & Time Wednesday, 14 August 2024 2 PM SGT | 2 PM AWST | 4 PM AEST Webinar Summary […]![](https://ethixbase360.com/wp-content/uploads/2024/07/CSDDD-Training-Camp-300x200.png)
CSDDD Training Camp – Risk Analysis, Prioritisation & Red Flags
Managing Supply Chain Risk: Milan Prosecutors Investigate Fashion Brands Over Worker Exploitation
Milan prosecutors are investigating the supply chains of several fashion brands for worker exploitation, prompted by illegal working conditions found […]![](https://ethixbase360.com/wp-content/uploads/2024/06/The-EUs-Corporate-Sustainability-Due-Diligence-Directive-CSDDD-300x200.png)
The EU’s Corporate Sustainability Due Diligence Directive CSDDD: Its Impact on EU and non-EU Companies and How to Prepare
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