Case Study: a large multinational hospitality company achieves 50% due diligence cost savings with Exiger

Major hospitality group implements Exiger’s third party management technology to drive a comprehensive and cost effective due diligence program

A large multinational hospitality company worked with Exiger to address high-volume due diligence needs while cutting the rising costs of reviewing third parties. Their incumbent provider was expensive for the volume they needed to cover, and the quality of the reports was also under scrutiny. Exiger’s DDIQ and third-party management platform, Insight 3PM, were used to help automate and manage the process.

Exiger first handled the client’s low-risk population, then later expanded to cover the company’s entire global supplier and franchisee base across low-, medium-, and high-risk tiers. The program was run through Insight 3PM, creating a globally consistent due diligence and ongoing monitoring process. Exiger helped the hospitality company reduce due diligence costs by 50%.