Establishing an effective incident management and reporting process is critical to the success of a corporate compliance and ethics program. Whether incidents occur in the form of adverse events, ethics violations, security or privacy violations, or potential fraud, an organization’s ability to create a consistent and effective intake and resolution process is imperative for proper risk management and proof of compliance.

According to the Federal Sentencing Guidelines, organizations are required to take appropriate investigative actions in response to suspected compliance and ethics violations and should also take appropriate steps to preserve the confidentiality of investigations. By satisfying the requirements in the Guidelines, organizations are eligible to receive benefits such as reduced fines, reduced sentences and deferred prosecution. Additionally, satisfying the requirements for an effective compliance and ethics program is now widely believed to create a number of additional benefits including increased protection of the corporate brand by reducing the likelihood of incidents and minimizing the consequences, should incidents occur. 

Join us for a live demonstration of the Compliance 360 Incident Management application to see how you can:

• Create a central repository for managing and tracking incident information, follow-ups, corrective actions and outcomes
• Establish a consistent process and method for taking in and responding to incidents
• Reliably know what actions have been taken to resolve issues and prevent future occurrences
• Use built-in workflow to more effectively manage investigations and corrective action plans with standard, automated processes for task assignments and team collaboration
• Improve visibility for management and executives, highlighting and addressing areas of risk related to compliance issues
• Link incidents to applicable laws and regulations providing evidence of compliance and supporting an “audit ready” state
• Improve overall management and review processes across the organization and share among departments and divisions

Additionally, the session will include a discussion on using the Incident Management application with other Compliance 360 applications to ensure regulatory compliance, produce the evidence needed to demonstrate the effectiveness of compliance programs, and support enterprise risk management initiatives.

Who Should Attend

• CFO, CEO
• Chief Compliance Officer
• General Counsel
• Chief Audit Executive
• Chief Information Officer
• Chief Risk Officer
• Chief Security Officer

Please note, this product demonstration contains sensitive information and is available for verifiable organizations only. You must use your business email address to register. Consultants/Legal Advisers wishing to gain access should contact us for special logins. Thank you for understanding.