GoodCorporation's digital assessment tool provides an excellent starting point for any third party anti-bribery and corruption compliance programme. It comprises a customised questionnaire based on our Anti-Bribery and Corruption (ABC) Framework that can be used internally or deployed across supply chains, partners or subsidiaries to check that adequate procedures to prevent corruption are in place. Such in-depth due diligence can help protect reputation and reduce the risk of prosecution or malpractice.
Proprietary grading algorithms are deployed to enable the digital assessment to generate a bespoke report that provides : -
Use of this anti-bribery and corruption digital assessment tool facilitates in-depth supply chain due diligence by providing an evaluation of the adequacy of the anti-corruption compliance programmes of third parties and related entities. It also provides benchmarking data to help companies monitor corruption risks in their supply chain effectively.Ā
Designed to be easily and cost-effectively deployed by compliance and legal teams across: -
The assessment can be made available in multiple languages to meet the needs of large international organisations.
Simple and easy to complete.
Participating companies complete a detailed questionnaire on key ABC areas including: -
Questions follow a simple multiple choice format based on GoodCorporation's ABC framework.
A full report of results and benchmarked data is produced for participating organisations, to assess compliance against the GoodCorporation framework.
It highlights gaps, red flags and the extent to which adequate policies and procedures are in place.
A summary report is also available providing client companies with a benchmarked comparative analysis of the suppliers, subsidiaries or partners assessed.
GoodCorporation's online reports provide a score card with four grades alongside specific recommendations for improvement.
If necessary, many of the recommendations can be addressed using GoodCorporation's Compliance Toolkit which offers a suite of resources that compliance teams can use to strengthen their programmes.
A third party report will identify higher risk third parties to enable risks to be prioritised.
Watch our demo video to see how our self-assessment tool can be deployed,Ā including: -
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All participants receive a detailed report including a scorecard rating the adequacy of the anti-bribery procedures assessed. The report is broken down by topic area making it easy to identify and prioritise the key risks.
Results from the questionnaireĀ are broken down into four different categories: -
Specific recommendations are included to help companies build a roadmap for improvement when action is needed.
Benchmarked data is provided to help organisations compare levels of adequacy within their supply chains.
The benchmark contains a gaps and risk analysis to help organisations evaluate and monitor supply chain risks in order to prioritise mitigation measures in the highest risk areas.
Two types of assessment are available, verified and unverified, to suit organisational and budgetary requirements. For organisations deploying this across third parties, there is a secondary report providing a benchmarked summary of all assessed organisations.
For the verified digital assessment, participating organisations are required to upload specified documentary evidence for the answers provided. This evidence is then reviewed by GoodCorporation's subject matter experts to produce a verified report based on the answers and evidence provided.
Verified assessments act as a useful follow up on any supplier due diligence already conducted, providing an in-depth understanding of actual rather stated performance.
The unverified report provides the same graded analysis but based solely on the answers provided.
āÆGoodCorporation has a thorough understanding of how to assess adequate procedures. āÆTheir years of experience provided us with a trustworthy, third party review of our internal systems.
Jane Earl
former Company Secretary, BBC Worldwide
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