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We understand that the data required to provide global coverage is not available in a central database. The required data comes from multiple sources. Hence, Flair is designed to be data-agnostic, meaning the product can be fed with data coming from multiple partners and the client itself.
The data of our clients stay in Europe and can't be exposed to other jurisdictions. We ensure this by working with a local cloud provider where we process and save the data in a secure environment.
Flair is easily customizable to fit with your own corporate policies and workflows so your team doesn’t need to jump across multiple interfaces to get their job done.
Data is not enough, with artificial intelligence tools, Flair turns data into relevant insights articulated around the procurement and compliance processes. To help teams work efficiently, Flair enables teams to take actions and decisions while keeping an auditable trace.
The Sapin II law, enacted in France, is a decisive step in combating corruption, significantly affecting businesses. It mandates the establishment of an anti-corruption program, including third-party evaluations and risk mapping. The law also advocates incorporating anti-corruption clauses in contracts, bolsters whistleblower protection, and stipulates punitive measures for non-compliance.Read more
In the realm of third-party risk management (TPRM), ethics plays a crucial role. Explore the significance of ethics in vendor selection, data protection, and incident management, along with key steps to develop ethical TPRM policies.Read more
In a world where businesses heavily rely on third-party suppliers, managing associated risks is crucial. Discover how TPRM, with its specialized tools, enables effective risk assessment, ensures regulatory compliance, and optimizes the security and stability of your company's operations.Read more