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Showing posts with the label ISO 37001 audit

Why Every Construction Firm Should Undergo a Third-Party ISO 37001 Audit?

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The construction sector is very sensitive to bribery risks because of complicated composition of the projects, several vendors, government contracts and huge commercial deals. The ethical issues tend to come up in the procurement, bidding, licensing, and subcontracting. In a bid to fight these risks and develop a better compliance system, most companies are opting to have a third-party ISO 37001 audit . The international standard of Anti-Bribery Management System (ABMS) is ISO 37001. It helps organizations to prevent, detect, and respond to bribery. Construction firms are able to have a real idea of the effectiveness of their anti-bribery controls when these have been reviewed by an independent auditing body. What exactly is a Third-Party ISO 37001 Audit? An independent audit of ISO 37001 is an impartial audit of an external qualified auditor. Contrary to the internal audits, it guarantees objectivity and a closer examination of areas of compliance. At this audit, the independent ...

Should Your Organization Get ISO 37001 Certified by Passing the ISO 37001 Audit?

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Compliance and ethics have been the keywords in the business world for years. Implementing the ISO 37001 standard in processes by passing the ISO 37001 audit is increasingly becoming a strong differentiator in today’s business competition. ISO 37001 is an internationally recognized standard for ABMS (Anti-Bribery Management Systems). Having ISO 37001 in place offers brands practical guidance on “developing, implementing, maintaining, reviewing, and improving their ABMS.” ISO 37001 reinforces the idea that anti-bribery isn’t only a regional but an international requirement. It, on the other hand, helps companies comply with regulatory laws as well as gain competitive advantages over others. But how can you understand that your organization also requires an ISO 37001 certification? Let’s dive into the following blog post to discuss more about the ISO 37001 standard and its benefits. Why should your company seek an ISO 37001 ABMS certification? Most companies think of getting certified w...