NAVEX Global: Providing Risk and Compliance Professionals With Essential Tools
As COVID-19 forced entire workforces to shift to remote environments, ethics and compliance professionals were faced with a new set of challenges, including third-party vendor management, business continuity, managing remote access and more. While many other teams had time to adjust their operations to meet new demands and challenges, compliance and risk management teams needed to pivot immediately to address this new environment and mitigate future issues.
To help compliance teams respond quickly and effectively during the global pandemic, NAVEX Global released three new software solutions — Lockpath Third Party Risk Management, Lockpath Business Continuity Management and Lockpath Privacy, Risk and Compliance Management. These tools allow organizations to implement risk management programs for current COVID-19–related issues and future concerns rapidly. Additionally, NAVEX has created a COVID-19 resource center for risk and compliance professionals to access valuable materials, such as microlearning courses, podcasts and employee communications templates.
Access NAVEX Global’s Tools for Risk and Compliance Teams.
Year of Investment: 2014
Portfolio Status: Current
Headquarters: Lake Oswego, OR
Supporting 14,500 Customers Worldwide
Global SaaS-based Ethics and Compliance software and content provider to companies of all sizes in all verticals.
NAVEX is the recognized leader in risk and compliance management software-as-a-service. The company serves over 13,000 customers in more than 85 countries worldwide, including 91 of the Fortune 100.
Formed in 2012 by the joining of four GRC software industry leaders with histories leading back as far as 1981, NAVEX solutions provide a unified view of risk across the business. This allows for deeper organizational insight, increased operational efficiencies, and more informed decision making.
At its core, the company’s mission is to help customers promote ethical, inclusive workplace cultures, protect their brands, and preserve the environment through sustainable business practices.
NAVEX was founded in 1997 and is headquartered in Lake Oswego, Oregon.
Vista Equity Partners Fund V completed its acquisition of NAVEX Global in November 2014.