Anheuser-Busch InBev's BrewRight: How It Works
January 17 2020 - 5:59AM
Dow Jones News
By Dylan Tokar
Anheuser-Busch InBev SA is using machine-learning technology
that can identify risky business partners and potentially illegal
payments.
The brewer's compliance team uses the analytics platform,
BrewRight, through dashboards built on third-party
data-visualization software. Clicking on one of about a dozen icons
opens a screen that summarizes data about processes within the
company using lists, graphics and maps.
The interfaces allow employees to spot risks associated with
anticorruption, anti-money-laundering and antitrust laws. They also
help compliance catch duplicate payments, track beer giveaways and
analyze the performance of in-house investigators. Here are a few
examples:
Third-party diligence: The company has rules around which
vendors require due diligence, but the process is subject to human
bias and deception. This dashboard sorts through a master list of
vendors and identifies the ones that might have ties to the
government -- and should be subject to increased scrutiny.
Diligence accuracy: This screen tracks vendors after they have
been approved. It looks for red flags, including discrepancies
between what vendors have been hired to do and what they are
doing.
Travel and entertainment: AB InBev's compliance team can compare
expense spending across teams, regions and even corporate functions
in an effort to root out bribes given in the form of expensive
meals or other gifts.
Data Pollution: This dashboard assesses the quality of data
across the company's enterprise-resource-planning systems to help
correct for bias generated by differences in data quality. This
allows the company to continuously audit record-keeping practices
across its operations.
Write to Dylan Tokar at dylan.tokar@wsj.com
(END) Dow Jones Newswires
January 17, 2020 05:44 ET (10:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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