Exploring Legal Conflict of Interest

The Legal Conflict of Interest application enables you to manage the disclosure, approval, and registry of conflict of interest that might arise from employees having competing interests or loyalties.

Features

• Configurable approval flows in accordance with the organization's Conflict of Interest (COI) policy.
• Centralized register for all the disclosure of potential conflicts.
• Continuous monitoring of all disclosure requests for their validity.
• Automated reminders to the requesters before the expiry of their conflict approvals.

Figure 1. Legal Conflict of Interest workflow

Automated approval flow

The approval flow for approving a conflict of interest disclosure request is automated. When all designated approvers have approved the conflict of interest disclosure request, a corresponding registry for the conflict is created.

A notification is sent to the requesters before the expiry of the validity of their COI disclosure records. If the requesters need an extension, they should review and resubmit a request to get the legal clearance for the extended period.

The approvers and the number of approval levels differ based on the conflict type.

Following illustration shows the approvers and number of approval levels for each conflict type. For example, the Outside Employment conflict type has two approval levels. The first-level approver is the manager of the requester, and the second-level approver is the legal compliance group.

Figure 2. Conflict of Interest approval flow

The administrator can modify the approval flow in the following ways:

• Change the number of levels of approval required.
• Add or modify approvers or approver groups at each level of approval.

For more information, see Configure flows for Legal Conflict of Interest.