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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
This study is based on data compiled from
959 cases ofoccupational fraud that were investigated between
January 2006 and February 2008. The median loss caused by
the
occupational frauds in this study was $175,000. More than
one-quarter of the frauds involved
losses of at least $1 million.The typical fraud in the study
lasted two years from the time it began until the time it
was caught by the victim organization.
Despite increased focus on anti-fraud controls in the wake
of Sarbanes-Oxley and mandated consideration of fraud in financial
statementaudits due to SAS 99, our data shows that occupational
frauds are much more likely to be detected by a tip than by
audits, controls or any other means. Forty-six percent of
the cases in this Report were detected by tips from
employees, customers, vendors, and other sources. Tips were
also the most common means
of detection in 2002, 2004, and 2006.
The Report includes
frauds that impacted organizations in a number of different
industries. The industries most commonly victimized by fraud
in our study were banking and financial services (15% of cases),
government (12%) and healthcare (8%). Among industries with
at least 50 cases, the largest median losses occurred in manufacturing
($441,000), banking
($250,000), and insurance ($216,000).
Link:-
Association
of Certified Fraud Examiners (ACFE) 2008 Report to the Nation
on Occupational Fraud & Abuse (PDF File)
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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