Ethics hotlines are considered an organizational best practice. Also known as compliance hotlines, employee hotlines, and whistleblower hotlines, ethics hotlines are a confidential way for employees to report issues and concerns to management without fear of retaliation. By providing an avenue for employees to report wrongdoing, ethics hotlines are important tools that can help employers uncover problems and address issues before they escalate. Ethics hotlines alert companies to inappropriate or illegal activity, including discrimination, harrassment, fraud and other ethics violations, so that action can be taken to resolve the problem.
Public companies are required to have a whistleblower system under the U.S. Sarbanes-Oxley act, and it is recommended that all organizations implement an internal compliance program. Accessible 24/7, 365 days-a-year, with convenient telephonic and online reporting options, ACI's Ethics Hotline supports internal systems and corporate governance, and helps organizations comply with the Sarbanes-Oxley Act and other global regulations.