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| Sarbanes Oxley |
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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.
Even simple tasks can often get bogged down or lost in the shuffle. In order to free up employees to focus on revenue-generating tasks and to ensure the efficient execution of business processes, companies look to Workflow Automation solutions.
Is your company compliant?
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.
Xelleration SOX PDF Presentation
Sarbanes Oxley Act PDF Presentation |
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