Enables early identification of issues
An employee reports a potential fraud
Fosters an ethical corporate culture
Employees feel safe to report misconduct
Minimizes the risk of legal actions
Avoidance of lawsuits due to unethical practices
Builds trust among employees and customers
Customers feel confident to report incidents
Contributes to a positive corporate image
The company is seen as transparent and responsible
Enables effective management of reports
Timely corrective actions are taken