Case Study: CHS achieves daily automated AML and third-party compliance with Coupa Software

CHS Moves to Daily Updates by Digitizing Ethics & Compliance Monitoring in International Operations

CHS, a global agribusiness serving more than 600 local cooperatives and international markets, faced significant ABAC and AML exposure from nearly 40 types of counterparties (agents, logistics providers, service vendors, customers). A decentralized, inconsistent vetting process created audit difficulties and relied on inefficient annual manual re‑screenings that left gaps in ongoing risk coverage.

In 2015 CHS centralized third‑party risk management on the Coupa platform, integrating daily re‑vetting via Dow Jones and automated approval workflows. The move eliminated manual rescreening, improved risk mitigation and audit readiness, accelerated onboarding with a single digital repository of pre‑vetted providers, and shifted compliance into an enabling partner for the business.

CHS

Nicholas Meinen

CIA, CFE, Anti-Bribery and Corruption Program Manager