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What do I need to ask when buying a Third Party Risk Management (TPRM) solution?

Third party risk management is a complex discipline, that combined with the scale, complexity, and change dynamics of any Global 2000 organization, can often lead to false starts with technology implementations.

It’s important to get enterprise software purchase decisions right – they are the fulcrum of successful third party risk programs for the business, they impact on the adoption and performance of many internal users across the enterprise, and they can have an impact on the careers of those selecting them.

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Topics: third party risk management, tprm, aravo, risk and compliance, risk mitigation, Anti-Bribery and Anti-Corruption, FCPA, OCC, GDPR, Conflict Minerals, ABAC, sustainable procurement, Data Security & Privacy, Registration & Qualification, General Data Protection Regulation, regulatory risk

Reducing Regulatory Risks & Achieving Third-Party Compliance in Mining

Multi-million dollar fines, bad publicity, even jail time for executives—mining companies have a lot at risk in the area of regulatory compliance. In Ernst & Young’s report Business risks facing metals and mining 2016-2017, two of the top ten trends relate to transparency and compliance. Government are cracking down on corruption, and NGO’s and journalists are fueling social movements expressing concern over workplace safety and ethical sourcing.

One area deserves attention from mining and metals companies: third-party compliance.

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Topics: FCPA, Anti-Bribery and Anti-Corruption, Mining, Responsible Sourcing, third party risk management, Conflict Minerals