Simplify third-party due diligence and mitigate compliance risks
As life sciences companies increase in size and complexity, performing due diligence on third parties becomes costly, time-consuming and prone to human error.
Medispend’s Third-Party Due Diligence solution automates the screening process and provides 360-degree visibility into your third-party network, allowing you to protect your business and control your compliance risk – all at a low cost.
- Upload documentation create and distribute third-party questionnaires
- Quickly identify and respond to issues of concern
- Update and track demographic information
- Assign ABAC best-practice training
- Easily track responses and attestations
Easily send compliance questionnaires and re-certifications
Use our existing library of assessments, updated to the latest HIPAA, NERC or PCI industry standards; or build your own custom risk assessment questionnaires for your specific business and risk needs.
Once you set up your workflows and customize your third-party user experience, Medispend will automate the rest - allowing you to distribute, review and respond to the results efficiently.
Enterprise-level coverage, for any sized business
Monitor vendors using the world’s largest anti-corruption and bribery database
Challenges of Manually Managing Funding and Product Requests
Medispend monitors all your third-party entities against the world’s most comprehensive databases, including:
- 500+ regulatory lists
- 200,000 unique media publications
- 1.5 million politically exposed persons (PEPs) and over 8 million adverse media profiles
Through your fully customized, easy-to-use dashboard, you can review corruption perception index (CPI) scores from Transparency International to make better business decisions about your vendors and keep your business compliant.
