Integrity Pact System
Has the procurement process in your company been checked for corruption points or had integrity measures installed? The World Economic Forum (WEF) estimates that corruption increases the price of contracts worldwide by 10%, and in developing countries, 25%. A saving of even half this amount can substantially improve your company's financial performance.
Integrity Pacts (IPs) have been used successfully worldwide to plug the leakages arising from misconduct in the allocation and management of contracts. The Pacts are bilateral agreements, whereby each party agrees to abide by a code of conduct which prohibits certain behaviours which give rise to corruption. Trident Integrity helps companies establish their IP System, which also lays the foundation for the more comprehensive Corporate Integrity System (CIS).
To be successful, IPs require:
Benefits of the IP System include:
Contact us to request more details on how we can help you. We look forward to hearing from you.