Maintaining Compliance with Conflicts of Interest, Gift, and Hospitality Policies – Archer Community

It is important to earn and retain trust and confidence from an organization’s board members, employees, customers, and third parties. Therefore, organizations must implement policies to govern conflicts of interest. Gift and hospitality policies are integral to managing conflicts of interest. They are implemented within an organization to ensure employees are conducting business in an honest and ethical manner when exchanging gifts, entertainment expenses, and charitable donations.

The Archer Gift Registration app-pack provides a simple out-of-the-box solution for tracking and approving gifts, entertainment expenses, and charitable donations. With this offering, you can monitor the risks against conflicts of interest with your business partners, customers, and third parties, ensuring compliance with policies within your organization.

The Archer Gift Registration app-pack has been updated to Archer platform version 6.12 to include our latest platform updates. This Archer Exchange offering enables you to:

Track gifts, entertainment expenses, and charitable donations
Identify and manage non-compliant expenses
Manage and report exceptions for approved expenses outside of the organization’s threshold
Provide visibility into the status of the requests

Archer Gift Registration provides:

Consistent and repeatable process for tracking and approving gifts, entertainment expenses, and charitable donation
Monitor risks against conflicts of interest with business partners, customers, and vendors
Ensure compliance with anti-bribery and conflict of interest policies

Interested in learning more about the Archer Gift Registration app-pack? Join us for a Free Friday Tech Huddle on February 17, 2023, for an overview and live demo. Free Friday Tech Huddles are only available to Archer customers and pre-registration is required. If you are not yet a customer but you are interested in learning more, please contact your local representative or authorized reseller — or visit us at https://www.ArcherIRM.com