Conflict of Interest – Business App
Increasing Transparency and Reducing Exposure
Easy Conflict of Interest – ensuring your integrity
Impermissible gifts, investment interests, familial ties, and legal involvement are a few of the possible Conflicts of Interest that need to be disclosed appropriately to avoid non-compliance penalties.
Proactive Conflict of Interest Management
Managing Conflicts of Interest disclosures across your organisation and network of stakeholders shouldn’t be a time-intensive, painful or difficult process.
Increase the efficiency of your compliance operations by automating your COI declaration process with a workflow powered conflict of interest solution.
Set COI annual declaration deadlines, and enable an always-open approach to allow employees to update declarations in a timely fashion.
Dashboard data displays keep you informed and up-to-date. Empowering you to compare, analyze, and discover COI risk patterns all from a single view.
Once employees have submitted their interests, or confirmed they have nothing to declare, our solution notifies the appropriate users of the submissions. Our advanced real-time dashboards immediately highlights any possible conflicts and promptly relates that information to compliance managers.
Automation in Action - empower your organisation
Restrict viewing of documents to only people who require access.
Track completion of submissions, and follow decision-making process on potential COIs.
Securely store all documents, including previous records, in one location for convenience.
Fill out key information in required fields, with responses retained and carried forward.
Review and Decide
Manage conflicts of interest based on employees’ roles and responses.
Receive notifications requesting COI actions.
A change to our compliance obligations meant that, instead of having 20 or 30 people who had to declare conflicts of interests, we had hundreds.
The solution developed with ElysianIT moved us from that previous paper-based system, saves us a lot of time and provides an audit trail to demonstrate our compliance. It has moved us from an unmanageable task to a simple and effective process.
Talk with an Expert today - request a callback
It’s through our understanding of technology and organisational needs that we’re able to architect, implement, enhance and support some of the largest organisations in the UK
Speak with an expert today
Delivering Real Business Transformations
From multi-million pound corporations to non-profit - our team has successfully guided organisations big and small to those ‘aha! ‘ moments that transformed their business