CRA team members developed and implemented a global investigative analytics platform at a large consumer products and e-commerce company to identify, prioritize, investigate, and remediate compliance risks and triage diligence of high-risk third parties. The team worked closely with stakeholders from legal, compliance, internal audit and outside counsel to aggregate and harmonize data from multiple ERP systems, sales systems, and other data systems to proactively monitor for anomalous transactions and respond with coordinated compliance procedures.
World Bank debars fraudulent Vietnamese vendor
What happened: On August 18, 2021, the World Bank announced that it had debarred a third-party vendor, Vietnamese company Newstech Trading and Investment...