Business Partner Management
Third Party Assessment
At Rheinmetall, business partner verification or third party assessment means a series of background analyses conducted on a potential business partner (so-called Third Party Assessment) prior to as well as after the conclusion of the contract (so-called Third Party Monitoring). The focus is on excluding potential Compliance risks being introduced to the company through the “back door” by contracting an external party.
![38677](/Rheinmetall%20Group/Unternehmen/Compliance/Geschaeftspartner-Management/38677/image-thumb__38677__image-contain/compliance%20bild.png?1692610846 )
At Rheinmetall, business partner due diligence is conducted on the basis both a risk-scoring mechanism as well as a division of labor procedure between central and decentralized Compliance teams. Hence, a specialist team at Rheinmetall headquarters carries out standardized background checks on business partners whereas the Compliance team in the business area performs business-case and contract-specific reviews – all within one interconnected IT and process framework.
Our "Business Partner Policy" is applicable for all Rheinmetall companies, including our joint ventures.