Partnership allows Chief Compliance Officers and their teams to access a broad range of cloud-based tools and data analytics for improved decision-making and reporting
Milwaukee, Wisconsin and Akron, Ohio – May 15, 2019 – informed360, a leading provider of ethics and compliance management software, and Red Flag Reporting, a recognized leader in hotline and case management solutions, today announced a strategic partnership to address the increasing needs of organizations that are focused on operationalizing and improving their ethics and compliance programs.
The unique partnership combines informed360’s platform for managing program alignment and standards, risk assessment, disclosures, self-assessments, action plans, document tracking, and related data integration services, with the powerful and secure hotline and case management capabilities of Red Flag Reporting, including anonymous communications from reporters, report linkage, team assignments and communications, and trending tools. The result provides customers with a suite of on-line solutions that increase transparency across the enterprise, improve operational effectiveness, and drive continuous improvement.
Companies that have historically relied upon a patchwork of disconnected systems and manual processes, can now leverage world-class solutions for whistleblower hotline reporting and broader compliance program activities. Employees gain access to simple and intuitive tools for raising concerns or completing compliance activities, while key decision-makers gain access to critical information for risk identification, streamlined reporting and timely decision-making.
The partnership addresses the technology needs of employees, compliance officers, c-suite executives, boards of directors and regulators who are all demanding better tools and better data. Together, the platforms enable many of the requirements under the Federal Sentencing Guidelines and other recognized standards, as well as, industry best practices. The resulting data elevates and streamlines the ability to report to key stakeholders on the relative effectiveness of the ethics and compliance program.
“The combination of Red Flag Reporting and informed360 provides customers with a robust set of capabilities that bring needed structure and ongoing support for their ethics and compliance programs” said Brian Beeghly, Co-Founder and CEO of informed360. He added, “The ability to combine program data from informed360 with the hotline and investigations data from Red Flag Reporting is a definite win for the Chief Compliance Officer.”
“This will be extremely beneficial for our mutual clients,” said Raymond Dunkle, President of Red Flag Reporting, adding “our complementary solutions give customers a powerful combination of tools to operationalize their programs effectively and efficiently.”
Customers and organizations interested in learning more about this partnership should reach out to Andy Hughes at informed360 or Eric Mann at Red Flag Reporting for more information.
About Red Flag Reporting
Red Flag Reporting empowers employees to speak-up 24/7/365, anonymously or not and through multiple reporting channels, regarding unethical and unsafe behavior in the workplace. Our device-friendly case management solution enables management to detect problems before they grow, deter problems from happening and defend against claims when they occur.