Minimize the Threat of Non-Compliance
Enhance clarity and control of compliance measures throughout your supply chain
SOLUTIONS BY ROLE: Risk & Compliance
Compliance is becoming more complicated. Let Ethixbase360 do the heavy lifting
Ethixbase360 supports your mission to maintain a balanced risk appetite based on accurate third-party screening information.
In a landscape where greater supplier diversity supports success, compliance specialists are expected to vet and monitor more third parties than ever before. Through Ethixbase360, you can reduce the burden on your compliance teams by configuring automated workflows that trigger appropriate escalation in response to risk assessment results and monitoring alerts–freeing you to focus on more urgent tasks.
Automated Risk Rating
Every company does risk rating differently, but one thing is for sure: Manual processes are no longer sufficient for accurately mapping risk at an acceptable rate. Ethixbase360's configurable automated risk ratings lets you keep pace with your evolving third-party network. You can mix and match your own custom configurations with our existing library of risk sources to create assessments for 100% of your supply chain.
Third parties enter your network at different levels of compliance preparedness, and it’s up to your teams to bring each partner up to speed. Ethixbase360 makes it simple to educate and certify third parties on compliance issues like ethics and anti-corruption, code of conduct, policies and more. With automatic periodic reviews, the platform ensures third parties consistently receive the right training at the right time.
Managing a supply chain with points around the world means facing challenges in compliance with international law as well as navigating language barriers. The Ethixbase360 platform facilitates compliance with Lieferkettengesetz (LkSG) and modern slavery regulations, and provides questionnaires as well as Enhanced Due Diligence in more than 35 languages. With these tools, location and language are no longer a barrier to compliance.
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