WHY DO BUSINESSES NEED A WHISTLE BLOWING PORTAL?

ENSURE REAL-TIME PROTECTION FOR YOUR ORGANIZATION WITH OUR AUTOMATED ONLINE WHISTLEBLOWING PORTAL – “DISCLOSE WITHOUT FEAR".

“The most valuable assets of a 20th-century company were its production equipment,” said management Guru Peter Drucker in 1999. “The most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and their productivity.”

In today’s dynamic and continuously changing business environment, an organization’s human assets – the employees, provide the distinctive competitive advantage that determines its business success. Employees are your greatest assets, but unethical employees can be your greatest liability.

Its most unfortunate but painfully true, that organizations are constantly in danger of ‘ethics violation’ risks from their very own employees (“insiders”), caused by their negligent/ inadvertent/ malicious behavior. This results in critical & irreversible harm to the organization that often threaten their very existence!

WHAT IS WHISTLEBLOWING?

Whistleblowing, or the act of drawing attention to wrongdoing, ethics violation or misconduct at the workplace, has been repeatedly identified as one of the most effective channels of receiving information on “Insider” risks within the organization.

It is also common knowledge that employees are the ‘eyes & ears’ of the organization. The fact that tips from employees (Whistleblowing) continue to be the most effective means of detecting ethics violations. This suggests that organizations must establish a viable detection system by establishing a formal ethics violation reporting system to receive reports about actual/ possible unethical conduct.

It is common knowledge that employees are the ‘eyes & ears’ of the organization and that they will only report violations when they are assured that their anonymity & confidentiality is strictly maintained as they fear hostility, retaliation, victimization and alienation at the workplace if they get identified while reporting a violation.

  • According to the Association of Certified Fraud Examiners (ACFE), around 40 percent of all detected occupational fraud cases are identified by whistleblowers. Further, the Companies Act, 2013, has mandated organizations to have a vigil mechanism as part of their risk management efforts.
  • According to Deloitte India’s Fraud survey report (2014), most employees and other stakeholders (vendors, partners etc.) do not report issues due to fear of retaliation and possible impact on their professional lives. Common concerns for not reporting such issues includes lack of anonymity and confidentiality of the whistleblowing system, limited knowledge of the organization’s whistleblower reporting and  redressal process and the absence of policies that can adequately protect whistleblowers.

OUR AUTOMATED WHISTLEBLOWING PLATFORM – DISCLOSE WITHOUT FEAR

Leveraging a strong technology platform, “Disclose Without Fear” is a powerful, automated internal ‘vigil mechanism’ solution that organizations can deploy at the workplace proactively to encourage employees and supply chain partners to report unethical/ illegal practices and workplace violations confidentially and securely on a real-time basis! The anonymity & confidentiality of the person highlighting an ‘insider risk’ incident is assured and maintained during the entire reporting process.

DWF is a secure, cloud-based portal which integrates seamlessly with an organization’s Ethics/ Compliance/ BCG web page on their intranet site. With easy navigation and online FAQs, it ensures that the employees are able to report workplace violations anonymously & confidentially without the fear of retaliation/ reprisals.

Making available to employees a transparent, third-party administered violation reporting mechanism promotes a culture of openness and trust in the organization leading to increased ethics & compliance adherence and thereby protecting its assets & reputation!

DWF is a unique managed services AUTOMATED Whistleblowing portal for the Indian corporate sector! It is a scalable, repeatable and sustainable solution that will revolutionise the strengthening of the corporate ethics & compliance framework within the corporate world by ensuring that their ‘insider’ risks are minimized and thus provide ensure maximum protection to businesses from,

  • Business Continuity Risks
  • Loss of Reputation Risks
  • Legal/ Regulatory Risks
  • Environment/ Health/ Safety Risks
  • Loss of Revenue Risks

WHY DWF IS THE PREFERRED ETHICS VIOLATION REPORTING PORTAL?

  • Simple, Plug & Play installation. Integrates seamlessly within the company’s IT environment.
  • 24 x 7 x 365 access with 5 reporting channels – DWF portal, Confidential email, PO Box option.
  • Instant reports, untouched and unedited.
  • Sensitive reporting allows re-routing of reports should a member of management be implicated.
  • Ability to communicate with reporting employees anonymously to gather more information, if needed.
  • Strong Audit trail capabilities demonstrate all appropriate processes and protocols are followed.
  • Powerful data analysis capabilities allow the proactive identification of trends before they become a risk.
  • Custom program branding and communication templates & materials help communicate the program.
  • Training for all employees, management & Board members.
  • Policy formulations, reviews and updates.
  • And, above all, very competitively priced!

WHAT MAKES US UNIQUE?

  • Our research indicates that we are probably the only Indian entity to offer customized end-to-end Ethics & Compliance solutions for employees and suppliers of an organization. We are not an ‘open’ WB portal.
  • Our Corporate WB solution is an automated, technology solution that is SAAS-based and hosted on servers which are located in India and incorporate complex security protocols.
  • The WB platform is highly customizable based on the organization’s culture and IT framework.
  • We offer an option for organizations to anonymously and seamlessly connect with the case reporter to obtain case-related information that may help in investigating the case.
  • In addition to the automated WB platform, we offer confidential case reporting through several options to support different preferences that employee/ supplier may have to log in a case.
  • We offer a very competitive pricing range (based on the number of employees and registered suppliers).
  • We offer meaningful analytics to help organizations to proactively monitor trends and manage their internal threats objectively.