Minimize Exposure to the Risk and Cost of Noncompliance

Conflict of interest software solutions have become a critical component in minimizing exposure to the risk and cost of noncompliance—which, by the way, averaged more than $14 million annually for each company examined in a major 2017 study.

The right conflict of interest software performs the vital task of ensuring that any potential conflict of interest within your company is captured, monitored and, if need be, addressed. 

Not all conflict of interest solutions are created equal, however. Many will perform only the most basic tasks and functions, while others are built with features that go above and beyond in protecting you, and your company, from exposure to risk and cost. Below are features that you should be mindful of when considering conflicts of interest software.