Kohler Co. automates third-party risk management with Diligent
In managing third-party risks, it can sometimes feel like threats are coming at you from all sides. This was the challenge facing Vini Parmar, Compliance Risk Manager at Kohler Co., as she tried to stay on top of the various tools and siloed data inputs necessary for Kohler’s third-party screening process.
By centralizing third-party management with Diligent, Parmar is better able to mitigate risks, track compliance and streamline her risk management process:
- She consolidated third-party risk management tools in a single platform
- She automated sanction screening and media monitoring
- She increased Kohler’s screening cadence from yearly to monthly
- She receives hands-on support from the Diligent team when she needs it
“Automation helped us bring our resource expectations down,” said Parmar, “and got us the information we needed at our fingertips to make better decisions to mitigate risk right away — instead of waiting so long before everything is done.”
How can Diligent Third-Party Risk Management help your organization? Learn more and request a demo.
