Operational excellence builds Trust. Trust powers your supply chain.
Monitor Trust vs. Credit to ensure the integrity of your supply chain.
Trust Exchange has launched a series of applications that enable governments to connect, engage and collaborate more effectively and operate at the speed of trust. Join us on November 15th at 1:00PM EST as we discuss these innovative solutions and how they help local governments digitally transform their interactions with local businesses.
Financial institutions have a regulatory obligation to mange and monitor the compliance of all of their Third Parties ( Vendors, Customers Partners etc.) This function, while normally complex and expensive has been complicated by the uncertainty added to many companies by the pandemic response over the past 18 months. Join us and some industry experts to discuss the state of Vendor Compliance in this new reality.
Thank you to everyone who filled out our 2021 Vendor Management Survey! We had over 1,500 participants from a variety of backgrounds including Banking, Pharma, Government, and Retail! Despite the huge variety in organization size and number of key vendors, there was something over 80% over our respondents had in common: they expect their vendor management costs to increase in 2021.
Trust Exchange, a collaborative compliance platform, today announced that the company has appointed Graham Richard, former Mayor of Fort Wayne, Indiana to its Advisory Board.
Operational excellence builds Trust. Trust powers your supply chain.
Monitor Trust vs. Credit to ensure the integrity of your supply chain.
Congratulations to Catherine Muldoon and Shelly Barard, who work for our customer BDP International, on the publication of this article: A Logical, Logistical Approach to Oil and Gas Supply Chain Compliance. The article was published in The Association for Corporate Counsel's "Docket."
The article describes the complexity of the oil and gas supply chain and the specific international anti-corruption regulations. They detail their approach to ensuring compliance and the various consequences of non-compliance including criminal charges, fines and reputational damage to companies. They also touch on the negative impact corrupt practices can have on developing countries across the globe.
Catherine and Shelly explain how they use TrustExchange's (aka G2Link) platform to ensure compliance and increase the trust and transparency between their suppliers. They even include a nice quote from me:
“Leveraging the advantages of cloud computing organizations has an unprecedented opportunity to more rapidly share their valuable data within their extended organiza- tion including customers, employees, partners, and vendors,” says Edward Sullivan, CEO of G2Link. “When the collaborative economy technologies are fully embraced by enterprises, the value is exponential. Automation and true real-time decision making have come of age.”
You can download and read the entire article HERE.
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