Risk & Compliance Management Software
Anti-Bribery & Corruption Compliance
ProcessUnity’s Anti-Bribery and Corruption (ABAC) software streamlines organizations’ compliance efforts while promoting transparency, accountability, and integrity in business and government dealings.
Features & Benefits
- Key Benefits
- Key Features
Enhance Compliance Monitoring
Quickly identify companies and individuals that pose the highest risk of bribery and corruption.
Reduce Risk
Identify and assess potential bribery and corruption risks, and develop and implement strategies to mitigate them.
Improve Record Keeping
Maintain accurate and complete records of compliance activity to demonstrate compliance when necessary.
Lower Costs
Automate compliance processes to reduce manual labor and eliminate busy work, leading to significant cost savings.
Risk Assessments
ProcessUnity’s Assessment Engine identifies, assesses and prioritizes bribery and corruption risks within the organization.
Due Diligence
ProcessUnity hands-free automation streamlines information-collection related to third parties and beneficial owners.
Watchlist Monitoring
Automatic checks against global sanctions, political exposures and watchlists spot and point out high-risk individuals and entities.
Case / Incident Management
Report, investigate, track and resolve suspected ABAC policy and procedure violations as needed.
Navigate a Changing Regulatory Landscape
Simplify, Automate and Measure
As regulatory bodies continue to implement stricter regulations and enforcement actions against bribery and corruption, a proactive approach is needed when implementing effective ABAC measures. Compliance with anti-bribery legislation including the Foreign Corrupt Policies Act (FCPA) and the UK Bribery Act requires a great deal of work, from creating policies and procedures and training employees to conducting due diligence on third parties.
With the introduction of individual criminal liability for bribery-related offenses, a comprehensive approach to ABAC compliance and risk management becomes even more critical. The ProcessUnity ABAC platform automates the ABAC process to provide real-time reporting and analytics, helping your organization ensure compliance, mitigate risk and protect your company’s reputation.
Build a Defensible ABAC Compliance Program
The ProcessUnity ABAC solution delivers the program connectivity and visibility to help demonstrate program oversight and effectiveness to meet the needs of internal and external stakeholders and enables a defense against these non-compliance pitfalls:
- Reputational risk
- Financial loss from sanctions / fines
- Legal and regulatory compliance requirements
- Difficulty in managing third-party risks
- Obstacles in tracking and monitoring compliance
Powerful Assessment Tools
ProcessUnity provides real-time visibility into the state of anti-bribery and corruption and demonstrates to executives and regulators the existence of a consistent, reliable and repeatable program. Interactive dashboards give management visibility into ongoing risk assessment progress, the status of remediation activity and vendor ratings. Drill-down capabilities allow risk managers to quickly find the details in areas of concern.
Extensive custom reporting capabilities allow risk managers to create role-specific reports and dashboards through ProcessUnity’s point-and-click interface. With ProcessUnity, organizations gain program-level reporting that manual methods simply cannot provide.
Pre-configured reports track critical vendor and service-risk information, including:
- Vendor Materiality
- Vendor Risk-Assessment Status
- Screening Results and Adjudication
- Due Diligence Findings
- Issues
- Document Requests
- Action Items
- Enhanced Due Diligence
- Risk by Geographic Location
- Compliance Ratings
- Ongoing Monitoring
- Real-time Reporting
Request a Demo: Anti-Bribery & Corruption (ABAC)
Organizations worldwide rely on ProcessUnity to implement a centralized system of record for managing Anti-Bribery and Corruption initiatives across the organization. Contact us to start your journey today.