The Sarbanes-Oxley Act signed by President Bush in
July of 2002 is the most significant change in the Corporate law since
1934. It is designed to raise standards of corporate accountability
and prevent wrongdoing in companies. The Key to the new law is to protect
investors by improving the accuracy and reliability of corporate conduct
and disclosures. It contains serious rules for enforcing the new standards,
including criminal penalties for prison time and substantially increased
fines for those found guilty of violating the law.
The deadline for compliance is April of 2003. Is
your company ready?
A part of Sarbanes Oxley Law requires every Public
Company to have a system in place to ensure that employees, customers,
and vendors can communicate openly and honestly with a company's management
for Good Governance and have the ability to anonymously report any
incidents such as occupational fraud, harassment, and theft to the
Audit Committee. The regulations around Sarbanes are also being recommended
for Private companies and Govt. Agencies.
We are specializing in this area. If you are looking
for a Web based complain reporting system then please give us a chance
to work with you. We can have a system up and running in a very short
time. The system we develop can easily be integrated with your existing
Intranet or Corporate Portals.
Some advantages of
an online system are as follows:
- Security
- Full Anonymity
- Control (No Abuse)
- Availability
- Confidentiality
- No Distortion or Interpretation of Information
- Multilingual
- Privacy
An Online reporting
system can be expanded for:
- Publish Policies and Procedures
- Education
- Certification
- Training
- Testing
- Surveys
- Polls
- Corporate 911
- Management Broadcasts
- Exit Interviews
- Pulse Surveys
Please download the attached presentation for more
details.
