Friday, February 25, 2011

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392 - The Sarbanes-Oxley (SOX) and the Integrated document management (IPM)

Read the blog (unofficial translation) of Fireproof Records Center about Sarbanes-Oxley: The

Sarbanes-Oxley Act of 2002 (SOX) regulates not only the process of record keeping within public companies listed on the stock exchange, but also others that offer hosting warehousing services documents in paper format and technology. As we know, this law was passed in the wake of financial scandals at Enron and WorldComm to protect shareholders and the general public against accounting errors and fraudulent practices within a company. Administered by the Securities and Exchange Commission (SEC), it aims to determine what records and what records must be kept and for how long.

Thus, the IT sector companies must ensure the conservation and preservation of materials technology in a context where the law rules that all business records, including computer files and emails must be retained for a minimum period of five years with the associated costs. All actions relating to the destruction, alteration or falsification of documents, their shelf life and their ultimate fate and the identification of the types of records and documents (including emails) must keep the subject to systematic organization.

design, development, deployment and maintenance of a system of integrated document management (IPM) in paper format and technology meet the requirements of this law in large private companies it covers. By structuring the information carried by any media type, involving rules for the management of its life cycle and saving his life in a real software solution for document management, an organization is able to provide full control on its documents and important files, preserve its rights and obligations to its shareholders, customers and suppliers.

Michel Roberge

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