APP SUITE
GIFTS & CONFLICTS
Overview
Frictionless reporting of gifts, hospitality & conflicts for busy teams.
Reactively managing gifts, hospitality and conflicts reporting through manual processes?
Gifts & Conflicts App provides a proactive approach to managing gifts, hospitality and conflicts of interest reporting to meet the regulatory Anti-Bribery & Corruption requirements effortlessly. With our best-in-class rules engine, send timely reminders to your teams and automate your ABC review processes.
Problem Statement
Manually tracking of gifts & conflicts!
Most businesses expect staff to remember their annual training when it comes to reporting gifts, hospitality, and conflicts.
However, this isn't realistic as e-learning completed months ago becomes difficult to recall, particularly the manual processes for approving gifts and reporting thresholds for reporting gifts and conflicts.
This results in ill-timed reporting, where teams report months after receiving gifts or crystallized conflicts and a drain on compliance teams as they spend significant time guiding staff through manual approval workflows.
Value Proposition
Event-driven data collection.
Our Gifts & Conflicts App's rules engine sends reminders for gifts, hospitality and conflicts reporting, with approval workflows. Set event-based triggers to notify specific teams to report gifts, hospitality and conflicts, and our AI-powered engine learns from past reports to monitor Anti-bribery & Corruption (ABC) efforts proactively.
The result is an approach to monitor Anti-Bribery & Corruption that is supported by timely event-driven reminders with minimal reporting effort and enhanced analytics to help identify potential gaps in the firm's ABC efforts.
Key features of Gifts & Conflicts
Simplify your Anti-Bribery data collection for complete and accurate Gifts & Conflicts reporting that leads to improved operations.
Complete & Accurate
Define approval rule sets and trigger events that effortlessly tailor the approach to Gifts & Conflicts reporting to your business.
Rules
Engine
Get a live view of your Anti-Bribery & Corruption efforts and never spend time preparing reports with our one-click reporting.
Live
Reporting
Discover new insights into your operational effectiveness and take timely action to remediate threats to your resilience.
New Operational Insights
Track exceptions and remediations to completion with a clear audit trail for internal and external stakeholders to review.
Workflows
& Audit Trails