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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.
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Resources
Our Latest News, Case Studies, Webinars & More
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From Statement to Proof: What UK and Australian Modern Slavery Reforms Signal for Global Compliance Programs
Modern slavery laws have long focused on transparency. Now, developments in the UK, Australia and New Zealand suggest companies will need to prove their processes actually work in practice.
Best Practices for Identifying, Monitoring and Acting on Third-Party Cyber Risk: Live Demo
Join our 30-minute live demo to see a clear, repeatable approach to identifying, monitoring and acting on third-party cyber risk.
Best Practices for Identifying, Monitoring and Acting on Third-Party Cyber Risk: APAC Live Demo
Mapping and acting on human rights risk across supply chains is becoming increasingly important for businesses to win and protect their business in today’s market. This session shows how to identify, assess, and prioritize human rights risk using the Ethixbase360 platform, from initial supplier screening through to ongoing monitoring.Intelligence Hub: Top 5 Takeaways from Our CSDDD Webinar – What Organizations Should Be Paying Attention To
Intelligence Hub · Webinar Companion Page CSDDD EU Due Diligence Third-Party Risk Civil Liability Implementation 1Named speaker 5Key takeaways […]