Limit and mitigate risk and subsequent costs.
The need to manage risk has been driven by the outgrowth of highly publicized fraud cases, and the passage of the Sarbanes-Oxley Act, HIPAA, and other privacy laws.
A recent national study on workplace fraud found one-in-five (20%) of American workers are personally aware of fraud. The Work Institute research demonstrates that variation (3% to 67%) exists in reports of fraud, abuse, ethics and financial violation across companies and locations, including kickbacks, sexual activity and abuse, weapons, drug use, threats, insurance and Medicaid fraud, discrimination, favoritism, theft, etc.
With responsible research, companies can limit and mitigate risk and subsequent costs. E-mail alerts are automatically sent to designated users anytime an employee indicates that they are aware of fraud, abuse, theft, or other illegal or unethical practices.
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