Does your organization need to implement the whistleblowing system? Private or public, doesn’t matter the type of organization, the whistleblowing system is the safest and effective tool to bring fraudulent activities to light. Studies say that companies with whistleblowing system, which has a choice to report anonymously, has fewer fraud encounters and losses. CredCV offers a whistleblowing software system to help resolve issues before blowing them up.
What is Whistleblowing?
Whistleblowing is uncovering the information or activities inside the organization that is considered to be illegal or unethical. Regardless of the severity of the issues, one can blow the whistle if he/she has sensed unethical or illegal behavior at the workplace. Raising concerns about such activities can prevent future human or corporation disasters. Any kind of misconduct in an organization (Criminal offense, Risk to Health and safety, making damage to the work environment, miscarriage of justice, Organization breaking the law, covering up wrongdoing) can be reported through whistleblowing.
Benefits of having a whistleblowing system in an organization
- The majority of fraud activities can be reported easily through the software anonymously to the concerned authority. There is no need for a private space or time for reporting unethical or illegal activity. With the help of the software, easy and secure reporting is possible.
- Whistleblowers are often close to the action and have the most important information. Whistleblowers are mostly employees, stakeholders, or contractors who become aware of illegal activities within the organization. The option to inform the ongoing illegal activity inside the organization premises can be reported anonymously keeps the whistleblower away from unwanted threatening and blackmailing.
- Criminal and personal data are strictly protected in this system. Data protection laws, therefore, have real implications for whistleblowing systems. However, such regulations differ and shift from country to country, and they are becoming stricter. Hence, the system is completely legally compliant.
- The whistleblowing system is beneficial to a wide range of customers and can be made available as a path for reporting suspected misconduct internally as well as externally. The system gives an opportunity to report a concern if anyone suspects something against the organization’s ethical principles.
- Whistleblowing is a program that protects the ethics of a company. It reports the misconduct that happens in and around the organization and helps to gain the justice that has to be achieved in companies, that otherwise remain unexposed.
CredCV Whistleblower system has various easy-to-use features that help to monitor reported issues for a prolonged period. Avail the service now itself to protect your organization from illegal and unethical activities.
Subscribe to CredCV by visiting https://credcv.com or email support@credcv.com or call sales 9677076760