3 Takeaways about Anti-Bribery and Corruption Technology (ABAC)
Anti-bribery and corruption programs grant businesses visibility into their internal practices and third-party networks to ensure no one in their supply chain is participating in illicit behavior. While third-party networks increase an organization’s service capacity, they also increase exposure to anti-bribery and corruption (ABAC) violations—violations that result in fines, reputational damage, and lost business. To […]
Anti-Bribery & Corruption (ABAC) in Business Today
The impacts of corruption can be very severe and have been historically well documented. On a political level, corruption – however and wherever it manifests itself – stands in the way of order, the rule of law, and democratic principles and redirects investment into the hands of corrupt officials. Perhaps these effects and impacts may seem distant or too abstract when an organization is seeking to close an important contract. But bribery and corruption […]