ISO 37001 Certification set out the framework for an Anti-Bribery Management System (ABMS). If you wish to set up, improve or maintain an anti-corrupted management system, ISO 37001 Certificate is what you need for your organization. Achieving this internationally recognized standard can be useful for any organization to add credibility by demonstrating their commitment towards the anti-corrupted system, as well as building the trust of the customers and other stakeholders. Thus, obtaining ISO 37001 is very much beneficial to almost every organization in spite of their size, type, or complexity.
The benefits of achieving ISO 37001 Certification:
- Boosts Company’s reputation:
ISO 37001 Certification helps to boost your company’s reputation and builds the trust of the shareholders or clients by implementing an anti-bribery management system. ISO 37001 certification helps your organization to stand out as a responsible provider, ensuring anti-bribery or anti- corrupted products and services.
- Provides maximum profits:
You can gain maximum profits by ensuring anti-corrupted production through implementing ISO 37001 standards. Effective and efficient anti-bribery management helps in reducing incidences that result in liability costs.
- Reduces organizational risks:
Implementing ISO 37001 Anti-Bribery management System helps to control the risks of incidents such as corruption that occur in your organization. ISO 37001 Certification is proof that you are providing anti-bribery services to your clients, customers, etc.
- Improves your image & credibility:
ISO 37001 helps to improve your corporate image among the clients, the customers, and the public. And also helps to develop your access to more business opportunities across the global marketplace.
- Gives you a Competitive edge:
You can impress your customers, clients, and shareholders with your dynamic approach to anti-bribery management systems and business responsibilities.
- Reduces costs for your organization:
The internal processes that regularly assess the key challenges related to bribery and corruption help in reducing or preventing costs that might be incurred as penalties for such activities.
The Requirements of ISO 37001 Certification:
The High-Level structure of ISO 14001 ensures a smooth implementation of EMS to maintain environmental management systems. The structure of ISO 9001 consists of 10 segments, out of them, the first three are introductory in nature, whereas the last seven contain the specifications for implementation of the Environmental Management System (EMS).
Let’s understand the last seven sections for ISO 37001 standard in detail:
- SECTION 4- Context of the organization:
This section deals with understanding the requirements of your organization such as review of documents, reports, etc. for implementing the Anti-Bribery Management System.
- SECTION 5- Leadership:
This section highlights the role of top management in the implementation of ABMS. It requires the top management to effectively communicate the roles and responsibilities to the entire workforce for implementing ABMS in the organization.
- SECTION 6- Planning:
This includes planning the current management system in place and analyses the risks, in order to set objectives for effective ABMS. It also involves analyzing the organizational processes for better management of the system.
- SECTION 7- Support:
This section includes all the resources, such as human resources, infrastructure, and others that are required for an effective anti-bribery management system. This section demonstrates the requirements around competence, awareness, communication, and controlling documented information.
- SECTION 8- Operation:
This section deals with operational requirements for a corruption control management system. It includes product requirements assessment, keeping scrutiny on external providers, analyzing the product before release, and so on.
- SECTION 9- Performance evaluation:
This section is to ensure that your ABMS is effective and efficient. It involves monitoring and measurements for evaluating the current management system and identifying the scope for improvement in the organization.
- SECTION 10- Improvement:
This section ensures that your ABMS is effective. It deals with the methods by which you can ensure the effective functioning of your Anti-bribery Management System.
How does MSCi help your organization to achieve ISO 37001 Certification?
MSCi (Management System Compliance Incorporation), one of the leading consultation bodies helps your organization achieve ISO 37001 certification for ABMS by using all the right processes. MSCi provides all the information about the procedure for acquiring ISO 37001 for the anti-bribery management system for your organization. It provides guidance to your organization for getting ISO 37001 certified management system without any hassle.
MSCi helps the applicant to be well aware of the importance of ISO 37001 in their organization. It helps them to remain competitive in several business spheres, including all the efficient and effective processes for improvement in their operations. MSCi aims at delivering effective, practical, and result-oriented solutions for your anti-bribery management system.