Case Study: Sonova accelerates third-party compliance and due diligence with Ethixbase360

Sonova - Customer Case Study

Sonova, a leading global medical device company, faced challenges managing third-party compliance and due diligence due to increasing regulatory demands. Their manual, email-based process was inefficient, difficult to track, and consumed significant resources. To address this, they turned to the vendor Ethixbase360 for a third-party risk and due diligence solution.

Ethixbase360 devised a customized solution that automated and streamlined Sonova's entire third-party risk management process. The implemented system keeps information organized and updated while providing ongoing monitoring. As a result, Ethixbase360 accelerated and simplified compliance, taking on the administrative burden and enabling Sonova's team to focus on making key decisions.

Sonova

Gerald Hucky

Head of Group Compliance