Workflow Automation
Automate and customize your workflow based on your own unique business rules using Kroll’s best-in-class technology. Save time, standardize rules and gain transparency into your process.
Automate Your Due Diligence Processes
Third-party compliance risks are a constant threat to your organization. Your third parties present several risks that must be handled in different ways. Without technology, the result is often a fragmented, manual and error-prone compliance program that zaps time, resources and patience. The Kroll Compliance Portal’s Workflow Automation tool helps automate and unify your third-party due diligence processes for a more efficient and a more risk-aware organization.
- Reduce human error and time spent through automated and consistent due diligence workflows.
- Standardize third-party onboarding, recertification and risk-scoring, according to your business rules.
- Remove communication barriers and facilitate global decision-making.
- Increase transparency and measure automation ROI with tracking and reporting tools.
- Prearrange enhanced due diligence ordering based on third-party criteria such as risk score.
- All due diligence actions are automatically documented and organized by the third party.
What Can I Automate?
The more an organization automates, the more time stakeholders spend on high-skill, value-add due diligence tasks. Organizations looking to improve the flexibility, usability and scale of their third-party due diligence program need to look no further than Kroll’s Workflow Automation tool. Through preset templates or customized drag-and-drop workflows, automate every step of your third-party due diligence process:
- Third-party screening and monitoring
- Enhanced due diligence report ordering
- Third-party questionnaire or compliance document transmission
- Profile approvals and decision delegation
- Documentation of due diligence actions
- GDPR-compliant procedures
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