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Your-Call has developed
a new approach to disclosure management, fraud reporting and the receipt of
information from whistleblowers.
It incorporates
an exciting and powerful innovative web based reporting service
to the traditonal telephone which provides:-
an independent,
secure, confidential communication solution to receive disclosures
(information) about dishonesty, fraud, unsafe environments,
unethical and other inappropriate behaviour in the workplace
or in respect of business relationships and transactions.
Scroll
to bottom of the page for
Fraud Reporting Case Study
What
we offer?
Your-Call
offers two options for
its whistleblowing
service :-
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Option
One
Web
based Solution operating 24 hours a day,
365 days a year by completing a standard on-line Protected
Disclosure Form™.
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Option
Two
Web
based Solution PLUS which includes the
web based solution (Option One) with a choice of
options and ancillary services.
Options
include:
- Design of a specifically designed Protected Disclosure
Form™ for the submission of information
- Design of specifically formatted reports for delivery
of information to the nominated person in your organisation
- Confidential alert line to a dedicated 1300 or 1800
telephone service answered by one of our specially
trained Protected Disclosure Officers
Ancillary
Services include:
- Education, training and promotion
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Our Web
based Solution offers the following benefits:-
- a secure and confidential communication with no direct
human interaction removing the feeling of being interrogated
which is often reported by whistleblowers
- accessible anywhere there is an internet connection
- prompt receipt of information by the board member(s),
director(s) executive manager allowing them to potentially
take immediate action
- information in “raw” not interpreted format
i.e. the actual words of the user of the system (“caller”)
- relatively low cost to implement and administer
- provision of a greater level of corporate governance
- increased protection of brand and reputation
whereas the
Web
based Solution PLUS enables organisations
to upgrade the web based
whistleblowing or whistleblower solution to include
the more "traditional" services associated with
the operation of a disclosure management service.
Your-Call primarily
accepts information from an employee but our service can be
customised to accept information from a customer, supplier
or shareholder.
We operate independently
of your organisation and our processes have been bench marked
inter alia against Standards Australia AS 8004-2003
"Whistleblower protection programs for entities".
FRAUD
REPORTING CASE STUDY
Occupational Fraud & Abuse
A US study of 508
cases of occupational fraud totalling over $761 million in
losses investigated by Certified Fraud Examiners(CFEs)
found occupational frauds were much more
likely to be detected by a tip or through reporting than through other means such
as internal audits, external audits, and internal controls.
Among frauds committed by owners and executives, which
tend to be the most costly,over half of all cases were identified
by a tip.
Confidential fraud reporting mechanisms reduce fraud losses significantly.
The median loss among organizations that had anonymous reporting
mechanisms was US$56,500. In organizations that did not have
established reporting procedures, the median loss was more
than twice as high.
While Sarbanes-Oxley only requires publicly traded companies
to establish confidential fraud reporting mechanisms for employees,
the study data strongly suggested that these programs should
also embrace third-party sources such as customers and vendors.
Among cases that were detected by a tip, 60% of the tips came
from employees, 20% of the tips came from customers, 16% came
from vendors, and 13% came from anonymous sources.
Link:-
Association
of Certified Fraud Examiners (ACFE) 2004 Report to the Nation
on Occupational Fraud & Abuse
(PDF File 561 KB)
If you would like
to apply for Your-Call (please click here Apply
for Your-Call) or if you simply require
more information on our services please Contact
Your- Call.
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