Due to the ease of social media and technology advancements, whistleblowing has been the subject of several recent controversies. Public perception of this practice appears to be improving, perhaps due to some of the benefit of uncovering these fraud, waste, and abuse scandals that affect many beyond those merely investing in a publicly held company.
Encryption, and other anonymity technologies are helping to improve the effectiveness of raising concerns, as well as protecting current day whistleblowers to do the right thing and let their concerns be heard. Instead of going directly to the mainstream media, whistleblowers are provided options and encouraged to use whistleblower tools to have their voice heard internally without public retaliation and victimization.
Implementation of whistleblower policies and procedures can strengthen your corporate governance and brand and don’t require a great deal of resources or expense. By providing easy to use and anonymous options, it is more likely for those with a concern to raise it internally, than to contact local press, or use their social media channels. By investigating matters quickly, it may be possible to resolve issues before any negative publicity and damage is done to your firm and other parties.
B2i Whistleblower Governance features include:
• Anonymous submission/contact options
• Electronic form or telephone delivery methods
• Email activity from submitter becomes part of CRM for date and timestamp tracking
• Customizable forms with anonymous email correspondence
• Telephone submission can send either an audio file via email to select recipients or contain a transcription message
• Assignment features enables appropriate resolution handling and responsibility to each case
• Full audit trail capabilities including case notes
If you want to know more about how B2i’s Whistleblower solution can help you and your team improve governance and promote employees to do the right thing, please call B2i today to answer any questions or to schedule a demonstration. You will learn how their IR tools can be quickly implemented and help manage all of your corporate governance and IR functions.
Phone: 972-234- 9222 | Email:support@b2itech.com
By: David Wayne, Marketing Specialist