Establishing a whistleblower hotline, (also known as an ethics hotline or tips hotline) to allow employees to anonymously communicate fraudulent or other inappropriate activity without fear of retaliation can contribute directly to your bottom line and improve morale. Use of a third-party professional to operate the whistleblower hotline avoids the time, processes and costs associated with setting up your own system. Employees are much more likely to use a third-party ethics hotline because of the comfort of confidentiality.
DirectAccess is designed to:
- Increase the likelihood that those conducting themselves illegally or inappropriately will be caught
- Increase fraud prevention by decreasing the likelihood that individuals will act inappropriately in the first place
- Save the company a tremendous amount of money by preventing theft and the lawsuits that may result from employee misconduct
- Ensure compliance with the Sarbanes-Oxley Act