This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Cartus Introduces Compliance 360, A Comprehensive Risk Management System To Ensure Clients Receive The Highest Levels Of Service From Cartus' Global Supplier Network

Stocks in this article: RLGY

DANBURY, Conn., July 24, 2014 /PRNewswire/ -- Cartus Corporation, a leading provider of global relocation services, has implemented an industry-leading risk management program, Compliance 360 ®, for its extensive global network of third-party providers who serve Cartus' multinational clients and relocation assignees throughout the world.

Cartus logo.

The implementation of Compliance 360 echoes parent company Realogy's keen focus on ethics and risk management, and reinforces management of the global network by the Cartus supply chain function. The system enables Cartus to automate and easily document existing monitoring and reporting processes, further controlling the inherent risk factors associated with managing third-party vendors. The system tracks hundreds of data points and allows Cartus a view into the global compliance of our service providers. 

"The focus of supply chain management at Cartus is to ensure that our clients are working with the highest quality vendors," said Mike Brannan, Cartus senior vice president for supply chain management.  "These firms have not only met, but exceeded rigorous scrutiny to become a part of the Cartus Global Network.  Compliance 360 is an invaluable tool for us; it ensures a reportable, trackable, 360-degree view into the suppliers in our Network."

Respondents to a 2014 Cartus survey rated compliance among the top challenges of global relocation programs, up 12 percentage points from just two years ago.

Compliance 360 provides a number of benefits to Cartus and its clients, including:

  • A centralized approach to managing supplier information and risk assessment
  • Comprehensive assessment of supply chain risk factors
    • Country risk ranking
    • Profile assessments
      • Annual compliance certification
      • Background check practices
      • PII/System compliance
  • Easy to access dashboard and robust, automated reporting
  • Prospective supplier data collection and reporting to facilitate bids for worldwide service

Cartus is also introducing a new contract management system developed by SAI Global. The integration of supplier compliance profiles with a robust contract management tool provides Cartus with cutting-edge technology to manage third-party providers.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs