“CREATe’s new service offers a practical and scalable way to understand the strengths and vulnerabilities of anti-bribery programs, and define areas of improvement," stated Leslie Benton, VP, CREATe Compliance and a drafter of ISO 37001.
WASHINGTON, DC (PRWEB) June 06, 2017
Organizations looking to benchmark compliance programs against the recently launched ISO 37001 Anti-Bribery Management Systems Standard can now use a new CREATe Leading Practices service. The new offering provides a cost-effective and efficient way to prepare for ISO 37001 certification or assess whether a company and/or its third parties have the business processes in place required by the standard.
The new service offers an ISO 37001-focused approach that complements the “CREATe Leading Practices for Anti-Corruption” service which has been used by companies around the world to gain insights into the maturity of anti-corruption controls in place; map improvements to leading international guidance; and obtain external verification.
CREATe Leading Practices for Anti-Corruption aligned to ISO 37001 features:
- A robust assessment to calibrate program maturity against ISO 37001. The assessment features questions and answers using short descriptive statements that reflect the maturity of controls in place. When taking the assessment, respondents can link to specific sections of ISO 37001 for guidance in responding to the questions, and provide supporting documentation.
- A technology platform enabling management of multiple assessments and robust reporting. CREATe Leading Practices features a technology platform to manage the ISO 37001 assessment, improve recordkeeping, efficiently integrate independent verification into the workflow, and enable the ability to administer dozens or even thousands of assessments.
- Expert guidance to validate results and plan improvements. As part of the service, a CREATe expert conducts an independent evaluation of the assessment results. The process includes an interview and review of documents to evaluate the maturity of anti-bribery controls in place. The expert does not review transaction-level detail. The expert review forms the basis of a recommended road map of improvements.
The service was developed with guidance from the CREATe Anti-Corruption Advisory Council, a group of senior executives with expertise in anti-corruption, compliance and risk management.
“CREATe’s new service addresses several key challenges for companies. First, it offers a practical and scalable way to understand the strengths and vulnerabilities of anti-bribery programs in place, and define areas of improvement. It also helps organizations build the ‘compliance muscle’ necessary for managing these risks, and offers a way to monitor ongoing programs,” stated Leslie Benton, Vice President of CREATe Compliance and a drafter of the ISO 37001 Anti-Bribery Management Systems Standard as a member of the U.S. Technical Advisory Group.
To learn more about CREATe Leading Practices and request a demo, email: info@CREATeCompliance.com.
About CREATe Compliance
CREATe Compliance works with enterprises to better manage internal and third party global risk by making leading practices in anti-corruption, cybersecurity, trade secret and intellectual property (IP) protection, practical, actionable and achievable.
CREATe Compliance helps companies embed a cycle of monitoring, measurement and improvement to build and strengthen effective compliance and risk management programs through its services:
- CREATe Leading Practices for Anti-Corruption – aligned to international guidance and also the ISO 37001 anti-bribery management systems standard
- CREATe Leading Practices for Cybersecurity - aligned to the NIST Cybersecurity Framework
- CREATe Leading Practices for Intellectual Property Protection
- CREATe Leading Practices for Trade Secret Protection
This consistent ‘measure and improve’ approach across key risk areas enables benchmarking and sharing across the global supply chain, and puts organizations on a path to improvement.
CREATe Compliance is a wholly-owned subsidiary of The Center for Responsible Enterprise And Trade (CREATe.org).
To learn more, email info(at)CREATeCompliance(dot)com, or visit http://www.CREATeCompliance.com