The Sarbanes-Oxley Act (SOX) was first introduced in 2002 as a means to fight back against accounting fraud while also improving financial disclosures and increasing corporate responsibility. Failure to comply with SOX can result in fines ranging from $1-5 million and prison terms up to 20 years.
“Companies have cumulatively spent billions on SOX thus far and are continuing this spending, according to AMR Research surveys. In the latest study, 42% of respondents reported that, despite the expense, the primary benefit of good governance, risk management and compliance practices is streamlining business processes.” – PR Newswire
There has to be a better way…
The Answer: Enterprise Content Management with ECMNOW!
Are you tired of dealing with an endless amount of paper documents? Not only are paper documents difficult to file, store, and manage, but they are also secure. The use of ECMNOW! allows you to not only comply with SOX, but also increase the operational efficiency of your business.
- Save Money: Monitoring, tracking, and auditing paper documents can be a real hassle, requiring both time and money. ECMNOW! eases the cost and burden of manually handling paper documents., saving you money!
- Increase Efficiency: SOX Section 404 requires annual disclosures and quarterly updates to shareholders and the U.S. Securities and Exchange Commission. This process is made easy with ECMNOW!
- Improve Security: ECMNOW! provides comprehensive system settings that enforce strict security policies and procedures.
If you would like to learn more about ECMNOW! please contact Micro Records Company, Inc. by calling 877-410-SCAN or visit MicroRecord.com! ECMNOW! is available exclusively through DigiTech Systems resellers, like Micro Records.
Micro Records Company has been providing quality document conversion and full records management solutions to our diverse client base, which includes government, insurance, utilities, education, legal, hospitals and banks since 1964.
We use the latest technology to ensure our clients receive the highest quality records management solutions.