GCAP is a digital assessment tool that collates compliance data at speed, enabling companies to evaluate the performance of their ethics and compliance programmes, not just in their own operations, but in subsidiaries, partners and supply chains, or in portfolio and investee companies.
Use of GCAP helps organisations build the robust ethics and compliance systems they need and comply with growing legislative and stakeholder demands.
It can be used to assess whether effective controls and monitoring procedures are in place, and offers different layers of data verification to validate that the findings collected are robust.
GCAP can be used for internal organisational assessments or as a third-party monitoring tool, providing companies with:
Qualitative insights into organisational culture
Quantitative data evaluating performance
Multiple layers of verification
Risk-based and prioritised action plans
Best practice template tools
Benchmarking information
Book a demo to see how GCAP could help with your ethics and compliance programme.
book a demo
GCAP takes users through a series of questions based on GoodCorporation’s recognised frameworks of ethics and compliance best practice. Assessments can be customised as required, introducing tailor-made questions that relate to an organisation’s own internal policies, procedures and requirements.
The GCAP dashboard can provide users with:
Summary insights for senior executives and board members
Ethics and compliance measurement metrics
Red flag notifications
Third party tracking
What the GCAP report includes
Overview of compliance performance and system effectiveness
Programme gap identification
Recommendations for improvement with prioritised action plan and optional access to template policies and tools for ease of implementation
Benchmarking data to facilitate comparison between entities for those organisations evaluating third parties
Companies can use the platform to obtain both verified and unverified assessments subject to compliance needs and budgets.
GCAP Unverified:
All report grades and recommendations are based solely on the answers provided
GCAP Verified:
Supporting evidence for the responses given must be uploaded. GoodCorporation’s business ethics specialists carry out a document review, modifying report grades if required, to provide a verified report.
GCAP Stakeholder Verified:
Additional stakeholder feedback can also be obtained by deploying feedback surveys to provide confirmation as to whether a programme is working.
Risk mitigation
Helps organisations identify high-risk third parties and other ethics and compliance risks across their operations, enabling companies to target resources efficiently, conduct risk-based due diligence in response to red flags raised and help ensure compliance with legislation that requires companies to have adequate procedures in place throughout the supply chain.
Cost effective
Offers different price points and packages to suit the needs and budgets of different organisations, reducing the cost of supplier management and other forms of third-party due diligence.
Raises standards
Provides practical recommendations for improvement, with a prioritised action plan, to reduce gaps in compliance programmes and optional access to template resources to help raise compliance standards to support smaller companies that may not have the resources for a compliance programme. Access to the GCAPÂ library of best practice guidance and resources is also available.
Expertise
Draws on GoodCorporation’s 25 years of experience evaluating ethics, compliance and sustainability programmes.
Verification options
Documentary evidence can be submitted for review to verify the answers given. Stakeholder surveys can be undertaken to provide an additional layer of validation.
Efficient
Provides a fast and simple way to check the effectiveness of practices and procedures in a single entity or across multiple organisations in multiple geographies, can be completed online at any convenient time to work around projects and deadlines.
Transparency
Provides evidence of due diligence undertaken to ensure compliance with legal requirements and international best practice.
Customisable
Both the questionnaire and subsequent report can be customised to include the company logo or any specific business or industry terms. It can also be rolled out in multiple languages to suit global operations.
Risk mitigation
Helps organisations identify high-risk third parties and other ethics and compliance risks across their operations, enabling companies to target resources efficiently, conduct risk-based due diligence in response to red flags raised and help ensure compliance with legislation that requires companies to have adequate procedures in place throughout the supply chain.
Step 1: Sign-up
Agree scope with the GCAP team, including ethics and compliance areas to be assessed, levels of verification required and questionnaire tailoring, if needed. Access given to the GCAP platform where questionnaires can be completed or deployed to suppliers and third parties according to the nature of the assessment.
Step 2: Assessment
Questionnaires are completed on the GCAP platform. Organisations deploying a GCAP assessment to subsidiaries or external parties can also use the dashboard to track and monitor questionnaire completion.
Optional Step: Verification
Supporting evidence can be uploaded to obtain a verified assessment. GCAP analysts review the documentary evidence and update the scorecard, as necessary, to produce a verified report.
Step 3: Graded scorecard
GCAP’s proprietary grading algorithms produce a scorecard report identifying programme gaps, with a prioritised action plan including recommendations for improvement.
Step 4: Implementation
Use the GCAP action plan and recommendations to strengthen systems and processes. Access to template tools and policies, as well as the GCap library of best practice guidance and resources, can also be made available.
Step 5: Benchmarking and risk management
For companies assessing multiple entities, be they suppliers, subsidiaries, business partners or portfolio, GCAP provides benchmarking data giving a fair and accurate comparison between entities. The scorecard highlights high-risk operations to direct the need for more robust investigation such as an on-the-ground assessment
Book a demo to see how GCAP could help with your ethics and compliance programme.
book a demo
Book a demo to see how GCAP could help with your ethics and compliance programme.
book a demo
Whether you have a question, need more information about our services, or would like to explore how we can help your business, please get in touch.
