Manually tracking gifts, hospitality & conflicts.
Most businesses rely on staff to remember their annual training for when and how to self-report gifts, hospitality and conflicts with limited prompting.
It's not reasonable to expect staff to remember the e-learning they completed in February to know how and what to report. Furthermore, the manual processes in place to approve gifts & manage conflicts beyond compliance thresholds means that the learnings of these exceptions are never shared with the business resulting in operational repetitiveness.
These practices lead to:
- Ill-timed reporting: often teams reporting months after they have received the gifts or crystalised conflicts.
- Reactive: where compliance teams have to spend significant time guiding staff on the reporting process.
- Manual workflows: means past trends are not reflected in the future management of gifts & conflicts.
Switch to event-driven data collection.
Use the rules engine in our Gifts & Conflicts App to send timely reminders for gifts, hospitality and conflicts reporting supported by automated approval workflows.
Working on a big public deal? Running a large procurement project? Set event-based triggers to automatically notify specific teams (Front office, Sales, Underwriting) to report gifts, hospitality and conflicts. Our AI-powered rules engine continually learns from past triggers and reporting to help you proactively monitor your Anti-bribery & Corruption efforts.
Support your Anti-Bribery & Corruption monitoring with:
- Timely reporting: send timely reminders to staff and collect the necessary information with minimal operational friction.
- Proactive posturing: advanced analytics to help identify potential gaps for remediation.
- Automated workflows: set event-based triggers for notifications, automate approval and manage expectations in one place.
Complete & Accurate
Simplify your Anti-Bribery data collection for complete and accurate Gifts & Conflicts reporting that leads to improved operations.
Define approval rule-sets and trigger events that effortlessly tailor the approach to Gifts & Conflicts reporting to your business.
Get a live view of your Anti-Bribery & Corruption efforts and never spend time preparing reports with our one-click reporting.
New Operational Insights
Discover new insights into your operational effectiveness and take timely action to remediate threats to your resilience.
Workflows & Audit Trails
Track exceptions and remediations to completion with a clear audit trail for internal and external stakeholders to review.