Ethixbase360 helps Mitsubishi Electric US, Inc., one of the largest electronics companies in the world, to centralize and automate its third-party risk management process, in order to achieve greater efficiency and effectiveness.
At a glance
As an industry leader in the manufacturing space, Mitsubishi Electric US, Inc. (MEUS) was under pressure. Despite the company’s international reach, its legal and compliance team was spread thin. Third-party due diligence checks were usually conducted in an ad-hoc fashion, frequently resulting in cursory internet searches, which often proved cumbersome and ineffective.
Furthermore, documents were largely paper-based, and it was near impossible to keep track of the paper trail. In a push for clarity, (MEUS) partnered with Ethixbase360 to systemize its third-party risk compliance programs, thus transforming the company’s reporting capabilities, and with it, the compliance team’s reporting acumen and efficiency
Download our case study today to learn more about the third-party risk and due diligence solutions that are helping Mitsubishi Electric US, Inc. audit its third-party relationships as it grows, or alternatively reach out to us and arrange a demo to find out how we can help you and your business with your third-party due diligence program.
“At first, I was a little bit hesitant and thought it was too good to be true but we’ve seen a complete transformation. We’ve gone from partial ad-hoc screening to implementing a fully effective risk-based system. Ethixbase360 is now a name our entire company knows!”
Jared Baker, Senior Vice President of Human Resources, Mitsubishi Electric US, Inc.