Compliance management as a business enabler
Negative press concerning corruption, money laundering, sanctions violations, insider trading and such like can easily damage a company’s reputation and companies want to prevent this. Compliance means first and foremost adhering to the rules. But more is needed to ensure effective compliance in a company. Compliance must become the backbone of a company’s organizational structure and and an integral part of the corporate culture. And this only works if top management takes compliance seriously, supports it credibly and actively sets an example. Only then can employees react and the compliance management system work effectively.
The caweco Business Consulting team supports companies in establishing a compliance organization with effective and efficient processes and solutions. At the same time, a strong compliance organization with a functioning compliance management system creates new sources of information can be used in process management and thus contribute to organizational optimization.
Caweco Business Consulting is member of the Deutsches Institut für Compliance e.V. (DICO).
Business Partner Compliance – Integrity check at the touch of a button
The business partner compliance tool helps you to verify the integrity of your business partners. Immediately, completely and independently.
Whistle Blowing
Integrity in the corporate world has become increasingly important in recent years. The proper behaviour of employees, managers, service providers as well as suppliers and customers has become a priority. In the context of compliance management, caweco Business Consulting supports solutions that allow the anonymous, web-based collection of compliance violations by employees and third parties, regardless of time and place. A flexible reporting system also makes it possible to analyze and evaluate the data according to defined criteria. Stored workflows can automatically trigger subsequent actions on request and according to individual requirements.
caweco Business Consulting supports in the selection and implementation of solutions that allow the anonymous, web-based collection of compliance violations by employees and third parties, regardless of time and place.
Business Partner Compliance – Integrity check at the touch of a button
Take control with a one-stop check using to validate the integrity of your business partners. caweco offers this solution which integrates all required verifications. Rather than having to search for company information manually and then matching data against available databases, users can now use this tool to automate this process. At the click of a mouse, you can start the verification process within any application.
Using the compliance management solution, you will no longer need to carry out time-consuming online searches for company data and personal details or collect the required data by asking your customer directly. In very few simple and easy to use steps, the solution will process the research for you. All necessary checks are integrated using internal and external databases and presented in structured and easy-to-read reports.
reliable, effective and efficient
Using the compliance management solution, users will no longer need to carry out time-consuming online searches for company data and personal details and then compare the data with online lists or entering the data multiple times into individual applications. In very few simple and easy to use steps, the solution will process the research for you. At the push of a button:
Continual monitoring
Continual monitoring can be included in compliance checks. As soon as critical changes occur in international company or watchlist data, a message is immediately sent to a stored e-mail address.
Reporting
Ongoing reporting is also integrated into the compliance management solution and includes the following services:
- Comprehensive company information
- Watchlist screening results
- Due diligence evaluation
- Documentation of decisions
- Statistics and analyses
Integration
The BPC compliance management solution can be easily integrated into existing systems. Interfaces also make it possible to connect further applications and other databases.
Company database
The solution is capable of searching in the Orbis database of Bureau van Dijk (subject to license).
Optional: The integration of other company databases is possible.
Watchlist database
The solutionis is capable of searching in the data of the Risk & Compliance Watchlist of Dow Jones (subject to license).
Optional: The integration of other company databases is possible.
Internal company systems
The solution makes it possible to mark relevant data in all applications with the mouse and transfer it into the BPC process. Alternatively, a universal start script can also be permanently programmed into internal company systems.
Due diligence – from search to approval
With the compliance management solution, a risk assessment can be carried out easily and at any time. This is how the integrity of actual or potential business partners is checked.
Has the compliance management solution made you curious to do a simple integrity check of actual and potential business partners at the push of a button? Then simply call us at +49 (089) 97 007 415 or complete the contact form. You can also send us an e-mail at kontakt@caweco.de.