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Why do we need a system like EthicsPoint?

ethicspoint system
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Why do we need a system like EthicsPoint?

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Publicly traded companies in the United States are required by law to have an anonymous reporting vehicle to address accounting and auditing fraud directly to the audit committee. But we also want to create open channels of communication to promote a safe, positive work environment and maximize productivity for all our employees. Also, an effective ethics reporting system can be a useful tool in reducing losses due to fraud and abuse.

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