Anti Bribery Policy

Solution & Benefits Lifecycle Related Regulations

Anti Bribery Policy Compliance Lifecycle

The Anti Bribery Policy compliance lifecycle includes the following steps, all automatically enacted by the ProcessGene™ GRC Software Suite:

Lifecycle step Anti Bribery Policy activity
Anti Bribery Policy context establishment
  1. Definition of Anti Bribery Policy compliance related business processes
  2. Delineation of process diagrams (optional)
  3. Definition of assets within the Anti Bribery Policy scope
  4. Standardization and documentation of Anti Bribery regulations, policies and procedures
Risk identification
  1. Risk description, identification of risk stakeholders
  2. Risk classification and determination of heat-maps
  3. Risk assessment and measurement
  4. Determination of Key Risk Indicators (KRIs)
  5. Risk tolerance determination
Control determination
  1. Definition of controls to mitigate identified Anti Bribery Policy risks
  2. Assignment of Anti Bribery Policy control owners
  3. Scheduling and monitoring Anti Bribery Policy control execution
  4. Assessment of residual risk levels
Requirement management
  1. Requirement definition
  2. Automated requirement workflow management
  3. Requirement fulfillment monitoring
Anti Bribery Policy audit and remediation
  1. Definition and scheduling of Anti Bribery Policy audit plans
  2. Definition of mechanisms for testing ongoing Anti Bribery Policy compliance
  3. Collection, analysis and storage of Anti Bribery Policy audit results
  4. Remediation plan definition, execution and follow-up
Anti Bribery Policy related incident management
  1. Incident recording
  2. Anti Bribery Policy related incident handling (using scheduled workflows)
  3. Anti Bribery Policy related incident analysis and reporting
  4. Incident monitoring and follow-up
Anti Bribery Policy certification
  1. Hierarchal Anti Bribery Policy certification process determination
  2. Establishment of an automated Anti Bribery Policy certification process
  3. Monitoring and reporting Anti Bribery Policy certification status
  4. Archiving Anti Bribery Policy certification history
Multi-Org management
  1. Determination of a global Anti Bribery Policy compliance baseline with mandatory components
  2. Establishing a workflow for examining local (subsidiary) variants
  3. Enforcement of enterprise guidelines, regulations and frameworks within subsidiaries
  4. Control Anti Bribery Policy compliance level both locally (per subsidiary) and globally from a central HQ cockpit

The ProcessGene™ Anti Bribery Policy Software Users

The ProcessGene™ Anti Bribery Policy compliance software provides value to the following users:
  1. C-level management (CEO, CFO, CIO, CRO, COO)
  2. Board of directors
  3. Compliance officers
  4. Internal auditors
  5. Anti Bribery Policy compliance managers



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