An effective compliance program is crucial to many businesses—especially those in regulated industries. Even if not required, ensuring policies are proactively put in place to mitigate harmful and damaging behavior and communication is beneficial in the long run. However, this is often easier said than done due to the many moving parts and pieces to consider. For example, are your outgoing communications compliant? Are you fulfilling the Department of Justice (DOJ) guidelines? Is your compliance training effective? Explore how Fairwords helps organizations address these items and more in the articles featured below.
How to Reduce Communications Review
Organizations required to archive their communications understand how crucial—but time-consuming— communications reviews are. So how can communications review overwhelm be reduced? Put simply: software that provides training as people type to prevent damaging communications from being sent. For example, an energy commodities trading company came to Fairwords needing to reduce their communications review time. Learn how Fairwords Guide helped them achieve a 64% reduction in communications requiring review after six months.
Fulfill and Exceed DOJ Guidelines
The DOJ guidelines direct federal prosecutors and sentencing judges to evaluate corporate compliance programs. It’s clear from the DOJ’s guidelines that just having a compliance program is not enough; it must work and be dynamic and continually updated to align with new circumstances. Compliance is a business process that can be measured, managed, and improved. To help with that process, we put together a resource that lists DOJ guidelines and illustrates how Fairwords can help fulfill and exceed the DOJ requirements.
How to Measure Training Effectiveness with Anonymous Reporting
Your organization has invested the time and money into a training program to improve culture and compliance. But how does your company plan to measure the training’s success? Will you really know how effective it was? Measuring the effectiveness of training programs is tricky. Some organizations conduct employee surveys or track communication incidents that cause harm after a training session to gauge results. However, this approach is reactive and potentially damaging. Instead, consider the importance of proactively and accurately measuring the success of training programs through Fairwords’ anonymous reporting to instill a culture of compliance in your organization.
