Chief Compliance Officers and their teams gain new level of workflow capabilities from expanding cloud-based ethics and compliance platform
Milwaukee, Wisconsin – July 1, 2019 – informed360, a leading provider of ethics and compliance management software, today announced the continued expansion of its innovative platform with the release of a robust solution for Gifts and Entertainment disclosures.
Companies that have historically relied upon manual processes and antiquated systems for disclosures can now leverage an automated and configurable workflow solution for managing compliance with gifts, entertainment & hospitality and business courtesies policies. With informed360’s Gifts and Entertainment Disclosure Tool, employees gain access to intuitive, easy-to-use forms for submitting disclosures and complying with company policies from their desktop or mobile device. Compliance teams benefit from automated and configurable workflow capabilities including Delegation of Authority thresholds and unique reporting templates. The result is better engagement with employees and better visibility into gifts and entertainment business practices with the approval of gifts that are both given and received.
“Gifts and Entertainment disclosure is one of the most challenging aspects of compliance and an area where our clients and other companies were looking to improve the process. Working closely with clients, we developed a user- and device-friendly tool that automates and streamlines what can be a very complicated workflow process,” said Brian Beeghly, Co-Founder and CEO of informed360. “Combining it with ourunique approach to provide structure and alignment to compliance programs consistent with our clients methodology delivers a robust solution that can’t be found anywhere else in the market.”
The Gifts and Entertainment solution builds on informed360’s Dynamic Disclosures module, allowing clients to have a consistent and streamlined workflow across all disclosures types including Conflicts of Interest, Political Contributions, Charitable Donations, Outside Employment, and others. It delivers a world-class solution to manage disclosures, including:
- Easy implementation allowing clients to get up and running quickly
- Best practice templates with ability to customize based on client’s specific needs
- Device-friendly and intuitive interface that requires no training
- Ability to attach supporting documents
- Collaborate with users and approvers within the tool
- Streamlined approval process with automated workflows and delegation of authority
- Complete audit trail of user activity and approval process
- Seamless connection with Action Plan module to execute and track mitigation plans
- Alignment with other disclosures allowing for simplified reporting and analysis
“Over the past few months we’ve seen increasing demand for a solution that provides a consistent and streamlined approach to managing all types of disclosures while aligning with the broader program structure,” said Andrew Neblett, Co-Founder and President of informed360. “The new Disclosures module integrates seamlessly into informed360’s industry-leading compliance management platform, which leverages industry-standard methodologies and automated workflows.”