Stamp out bribery and corruption in your organisation and your key third parties
Typical challenges
Many companies have only an anti-bribery policy, lacking the comprehensive programme expected by most customers and aligned with global best practices.
There is insufficient training and knowledge on bribery and corruption issues among executive teams, leading to poor risk assessments and a lack of awareness of risks in emerging markets and with key third parties.
A lack of monitoring and measurement of key control indicators results in underutilisation of data analytics when reviewing key predictors of bribery and corruption.
A request for an audit and independent certification of an anti-bribery management system according to ISO 37001.
Billion dollar fines and destroyed reputations drive an increased focus on managing corruption risks
Corruption can manifest in many forms, from criminal acts like bribery, extortion, and embezzlement to legally permissible but ethically questionable practices like nepotism, patronage, and cronyism. For organisations, this presents a range of risks. Corrupt employees or partners may siphon off corporate assets, while giving or receiving bribes can lead to heavy legal penalties, exclusion from future contracts, and reputational damage.
These risks require mitigation to avoid major investigative costs, fines, and further reputational harm. An effective anti-corruption programme demonstrates an organisation’s commitment to ethical business practices and differentiates it from less scrupulous competitors.
Speeki is a global leader in implementing, managing, auditing, and certifying anti-corruption programmes. With over 20 years of experience in anti-corruption matters, our consulting team and technology solutions are recognised worldwide as best practice.
Bribery can crop up anywhere. That’s why we search everywhere and don't rely only on 'hotline reports'
Speeki’s unique multi-signal approach draws real-time data from across your stakeholder set – from employee interviews, conversations and reports to supplier disclosures and social media chatter.
Bribery signals can be as overt as a whistleblowing report about management’s unexplained favour of a supplier, or as subtle as a large transaction made days before year end.
Our programme design for anti-corruption is wide and detailed. Our solutions are best in class.
Join the dots to shield your company from potential bribery
Speeki’s anti-corruption experts, combined with the data sets collected by Speeki’s signals, focus on building a predictive model for potential bribery. Every type of bribery and corruption broadly fits within known scenarios and leaves discernible signatures in the data—precursors and predictors that, in our view, can be detected with over 90% accuracy. We encourage clients to think about predicting corrupt practices rather than simply managing them after they occur.
For example, while an employee experience dashboard may show high staff turnover within the procurement department, with exit interviews stating “all is fine,” Speeki will flag these inconsistencies that you might otherwise miss, building a range of evidence points.
Take corrective action to raise the bar and constantly improve
Armed with the key insights of specifically where bribery and corruption are most likely to occur or are already taking place in your company, Speeki provides a comprehensive array of reparative actions that close the risk loopholes and then raise the difficulty barrier against creating new ones. These include Speeki-led investigations that translate into programme improvements and specific digitally-delivered training courses. Speeki offers a gap analysis solution against best practices and the ISO 37001 Anti-Bribery Management Systems Standard. Speeki conducts assessments, reviews, audits, programme control assessments and improvement of programmes.
How Speeki can help
Generate
Design, implement, measure, and manage a management system around each key risk area.
We are experts at building management systems to manage corruption risks or converting a pre-existing compliance programme to a management system.
Insights
Address issues while they are still emerging.
Speeki’s experts and data from our core Speeki Platform builds new insights into possible corruption risks. We help you to move from being reactive to predictive through our review, assessment and audit solutions.
Leverage
Leverage all your great work and derive value from your investment in ESG.
Speeki has all the solutions to help leverage all your great work. Speeki is a global provider of ISO certification solutions and ESG Ratings.