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The Sarbanes-Oxley (SOX) Act of 2002 legislates how long and the manner
in which companies store their financial records. Created largely in
response to the Enron and WorldCom scandals, SOX is designed to safeguard
against accounting errors and other illegal financial activities. SOX
specifically states that electronic records and messages (email/IM) must be
saved for at least five years to ensure that auditors and other regulators
can easily obtain requested documents.
e.ssential™ Contract Guardian
Healthcare Contract Management Solutions help organizations address these
SOX rules without the need for additional equipment or services such as tape
libraries, media and off-site media storage.
Storing financial records with
e.ssential™ Contract Guardian gives organizations the confidence in knowing that critical
data is secure, yet quickly accessible. Electronically transporting records
using industry-standard encryption to off-site secure locations where the
data remains encrypted minimizes the chance of any unethical access or
destruction of data.
e.ssential™ Contract Guardian
Contract Management Services help publicly traded
businesses and companies (accounting firms) who conduct audits adhere to SOX.
e.ssential™ Contract Guardian
gives organizations confidence that their healthcare contract management information is securely
stored for as long as necessary, yet quickly accessible when needed.
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