NEO Quick Tour
NEO is a service for you, meaning that you truly don't have to worry about anything. You provide us with the data that you already have on your vendors, and we will enhance, nurture, and maintain it. We will then provide you with a platform to collect the relevant information on your new vendors since your vendors are continually required to maintain their profiles.
The resulting database ensures that you have all of your third party information in one central location, easily accessible and ready to be screened for Foreign Officials.
Every night, your vendor network is compared to the Global Foreign Official List, the world's most comprehensive database of state owned companies, Foreign Officials, family members of political figures, and companies owned by politicians.
You can monitor the progress of registration, screening, and compliance at any time via your personal dashboard. You will only receive an alert if there is a match between someone in your vendor network and someone affiliated with or considered to be a foreign official. This greatly reduces the amount of work for you yet significantly increases your level of compliance.
Benefits for Your Company
NEO automatically organizes and centralizes the essential information about your agents and business partners. It keeps the information up-to-date, and it automatically alerts you when there is trouble on the horizon. It serves as the registration platform for new vendors, while simultaneously enabling you to automatically screen existing vendors for affiliation with Foreign Officials.
Initial Due Diligence
Register Vendors
All of your new vendors are invited to register at a dedicated website: http://www.worldneo.com/yourcompany, provided to you by NEO. This platform guides each vendor through the registration process and ensures that key FCPA information, such as top executives or board of directors, is complete and up-to-date.
Upon completing the registration, the vendor's information is automatically screened against the Global Foreign Official List.
No Match = No Risk = No Work
Continuous Due Diligence
Automated Daily Database Screening
NEO frequently follows up with your vendors to ensure that changes to key executives and board of directors are accurate and fully updated. Your vendor database is screened daily to detect Foreign Officials within your network. You will receive an alert only in the event that your vendor is affiliated with a Foreign Official.
Proof of Due Diligence
KNOW RISK
At any given point, you can demonstrate that you underwent enormous efforts to:
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Know your vendors
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Keep your vendor information current and accurate
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Screen your vendors for affiliation with Foreign Officials
Global Foreign Official List
Detailed Profiles of Foreign Officials
The screening is only as good as the list that is used in the screening process. The Global Foreign Official list contains detailed profiles of more than 1,000,000 individuals and companies that may be Foreign Officials. The list is considered the largest of its kind and provided by WorldCompliance, a Miami based Open Source Intelligence company; it is used by more than 2,000 clients in over 100 countries as a well-respected standard in the compliance industry.
Business Partners and Agents
NEO gives you the chance to demonstrate your commitment to Anti-Bribery. You can become certified and join other vendors and agents in ensuring that corruption truly becomes a thing of the past.
Easy to Use
Available Anytime. Anywhere.
NEO is as easy to use as any website that you visit every day. You don't need specialized help from your IT department; you can log in from anywhere to view your vendors' data and statuses and even update missing or outdated information.
Certification of Good Standing
Proof of Certification
At the end of the registration process and at any time in the future, you can retrieve your vendor status and print or request a certificate of good standing.
