Case Study: Halliburton streamlines third-party risk management with Case IQ

Halliburton consolidates compliance workflows for 80,000+ users with Case IQ

Halliburton, a leading provider to the energy industry, sought to enhance its third-party risk management program. The company needed a more user-friendly and integrated solution to streamline due diligence, improve workflow automation, and provide better visibility and reporting. To address this, Halliburton turned to vendor Case IQ and its Third-Party Management software, building upon its existing use of the Case IQ Approvals and Disclosures platform.

Case IQ implemented its Third-Party Management software, which featured custom questionnaires, automated screening integrated directly into the workflow, and new approval logic. The solution provided a centralized platform for managing compliance processes, significantly reducing the time compliance counsel spent on manual reviews and creating a superior audit trail. The results included a more efficient process with mobile accessibility for contact reports, improved reporting and analytics, and the consolidation of a significant portion of Halliburton's compliance workflow into one user-friendly system.

Halliburton