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Home GRC Vendor News

STOPit Introduces Risk Mitigation Tool to Prevent & Mitigate Costly Workplace Misconduct

by Corporate Compliance Insights
February 19, 2016
in GRC Vendor News
prevent fraud and workplace misconduct with the STOPit app

STOPit PRO Enables Anonymous Two-Way Communications Between Compliance Departments & Employees

NEW YORK, February 18, 2016 – STOPit announces the launch of STOPit PRO – the only compliance reporting platform that enables companies to mitigate risk and prevent financial liabilities by empowering employees to anonymously report fraud, unethical behaviors and product-related issues.

As a 21st century solution for deterring, mitigating and investigating all forms of inappropriate conduct in the workplace, STOPit PRO provides uniquely anonymous two-way dialogue between the employee and company officials – including risk managers, general counsel and HR departments.

Employees can use the STOPit PRO mobile app to provide real-time reports and messages, including incident-related photo and video documentation. Employers can then follow up for additional information through the app, with all interactions remaining anonymous.

STOPit PRO helps to increase the efficiency of the investigatory process while ensuring companies are prepared for any potential litigation. The introduction of STOPit PRO also demonstrates to regulators that a company is committed to stopping any malfeasance at the earliest possible moment – by encouraging whistleblowers to report potentially damaging conduct without fear of retaliation.

STOPit PRO is configured for the workplace using the technology that powers the acclaimed STOPit for Education platform, which has dramatically reduced reports of cyber abuse and other detrimental behavior in schools nationwide.

“We created STOPit PRO so that companies can quickly, easily and privately resolve issues before they lead to even bigger troubles, both financially and legally,” said Todd Schobel, Founder and CEO of STOPit. “Having STOPit PRO is also a good faith indicator that companies are dedicated to compliance and are doing all they can to create a safe and incorruptible working environment.”

“We are excited about the features offered by STOPit and using the application to help us manage security, maintenance and safety-related issues on our defense programs,” said Bharat Parikh, CEO of AASKI Technology, the first company to implement STOPit PRO. “Additionally, the STOPit group has been easy to work with and was readily able to customize the application to meet our stringent requirements.”

The STOPit PRO platform was funded in part by the company’s latest funding round of $6 million in January 2016. Former New York Yankees Captain Derek Jeter is also a STOPit investor. In 2015, STOPit announced a partnership with Jeter’s Turn 2 Foundation that will incorporate the anti-bullying platform into the organization’s full range of youth initiatives. Students from the Jeter’s Leaders program – Turn 2’s signature initiative – play a key role in the partnership by serving as ambassadors against bullying in their schools.

For more information on STOPit PRO and STOPit, please visit STOPitpro.com or protectyourcompany.com.

About STOPit

STOPit is an award-winning technology company providing a comprehensive software platform that mitigates, deters and controls inappropriate conduct and provides organizational transparency.

STOPit’s frictionless reporting platform combines real-time reporting and real-time messaging, enabling real-time awareness for your organization.

The STOPit mobile app is a simple, fast and powerful tool that empowers individuals to protect themselves, others and the organization. DOCUMENTit, a robust incident management system, empowers administrators and management to get in front of issues to mitigate risk and adhere to the ever-evolving compliance landscape.

The STOPit platform is available to schools, universities, businesses and governments in the United States and around the world.




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