Case Study: Victaulic achieves streamlined third-party risk management with Diligent

Victaulic’s digital transformation of third-party risk management

Victaulic, a global manufacturer of mechanical pipe connection systems, needed a better way to manage complex third-party compliance requirements across its worldwide operations. Manual spreadsheets, scattered distributor data, and tiered due diligence processes made it difficult to streamline anti-bribery and anti-corruption oversight, training, and risk management.

Victaulic implemented Diligent Third-Party Risk Management, using Diligent’s Third-Party Manager to centralize data, automate due diligence, and deliver multilingual training and media monitoring. The result was one centralized source for ABAC statements, training records, investigations, and renewals, higher training completion rates, earlier risk detection, and more time for the compliance team to focus on higher-value work.

Victaulic

Darin Lueders

Global Compliance Director