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Vista Outdoor Leverages NAVEX Global Platform to Build Robust Compliance Program
Technology Category
- Application Infrastructure & Middleware - Data Exchange & Integration
- Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Functions
- Business Operation
- Human Resources
Use Cases
- Regulatory Compliance Monitoring
Services
- System Integration
- Training
The Challenge
After being spun off from another company, Vista Outdoor needed to establish its own compliance program. Wanting to keep the functionality and compliance capability from the previous organization, Vista Outdoor looked for ways to start the new organizational venture on the right foot with robust compliance tools in place. The company wanted to have a better understanding and control in regards to what their third-party partners may be doing, or how they’re representing themselves – and Vista Outdoor. They wanted to ensure that their partners are not acting nefariously, jeopardizing the company with potential corruption or bribery activity.
About The Customer
Vista Outdoor Inc. is a leading global designer, manufacturer and marketer of consumer products in the outdoor sports and recreation markets. The company serves these markets through its diverse portfolio of well-recognized brands that provide consumers with a range of performance-driven, high-quality and innovative products, including sporting ammunition and firearms, outdoor products, outdoor cooking solutions, outdoor sports optics, hydration systems, golf rangefinders, action sports helmets and goggles, footwear and a variety of cycling accessories, stand up paddle boards and accessories. The company serves a broad range of end consumers, including outdoor enthusiasts, hunters and recreational shooters, professional athletes, as well as law enforcement and military professionals. Vista Outdoor employs more than 5,300 skilled workers worldwide.
The Solution
Vista Outdoor implemented the NAVEX Global Compliance Management Platform, which includes EthicsPoint hotline and incident management software, PolicyTech software for policy and procedure management, NAVEXEngage for online ethics and compliance training, and RiskRate for third-party due diligence. EthicsPoint provides a safe space for employees to report issues, while PolicyTech offers a central repository for policies and procedures. NAVEXEngage reinforces policies through training, and RiskRate provides a central repository for third-party due diligence. The company uses these tools to record cases, maintain and update policies and procedures, push out training to relevant employees, and perform continuous due diligence on third parties.
Operational Impact
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