10 Reasons
Report It Now operates independently from your organisation’s internal procedures and processes. Our independence will encourage reports of corrupt conduct, questionable accounting procedures and unethical conduct.
Research reveals that employees may feel more comfortable to report suspected wrongdoing if they have the option to remain anonymous.
Studies show that disclosures and fraud reporting by employees is the most effective method of fraud detection. Employee “tip offs” are more likely to detect fraud ahead of internal and external audits.
Organisations with a fraud reporting hotline reduced internal theft and fraud by up to 50% through early detection and the deterrence effect created by the presence of an independent, external system.
An effective disclosure management system will assist in preventing unethical conduct. Employees will “think twice” if they know that a robust system is in place for colleagues to report them.
We provide incident and periodic reports that will assist management in defining trends or high risk areas.
The accountability of boards for actions of management has increased, and there is now a large focus on risk management criteria.
We assist your company or organisation to comply with legislative requirements like the Protected Disclosures Act 2000 and ICANZ requirements relating to disclosures and declarations in Financial Statements.
Improved workplace culture is recognized as paramount in establishing company reputation, performance, employee and customer satisfaction.
The cost of utilizing our service is minimal when compared to the financial impact of fraudulent or unethical activity in your organisation.
