Time Tracking Compliance with SOX

The Sarbanes-Oxley Act of 2002 is a United States federal law that enhanced standards for all U.S. public company boards, management and accounting firms


Sarbanes-Oxley Act

Since its implementation, material misstatements due to error or fraud result in severe criminal and civil penalties.

Time Tracking Compliance with Sarbanes-Oxley (SOX)

Production of Accurate financial reports to be reviewed by certified officers

Ensure ethical financial reporting practices and strength of internal control structure

Report changes to financial conditions or operations to the public without delay

Destruction, alteration, and falsification of records

Corporate responsibility for financial reports


How Replicon Makes SOX Compliance Easy

Secure, Cloud-based Apps
Security controls are integrated into timesheet applications, with the intent of providing the ability to enforce user authorization
Compliance Made Easy
Timesheet applications provide historical records of all time and expense transactions for auditing purposes
Audit Trails
Timesheet applications provide detailed audit trails contributing to organizational success. No opportunity for fraudulent behavior
Flexible Time Tracking
Setup approval flows, notifications and automated time entry rules that make sense for your business
Advanced Configurability
Our solutions adapt to your business processes, global pay rules and time tracking compliance requirements
Corporate Responsibility
Company executives can report on the company’s liability obligations at any time.
Replicon’s cloud-based time tracking solution ensures that your company is aware of its liability obligations. Time off is categorized as a liability and must therefore be accurately tracked and reported on.

The Sarbanes-Oxley (SOX) Act

The Sarbanes–Oxley Act of 2002 (or SOX) is a United States federal law that set new or enhanced standards for all U.S. public company boards, management and public accounting firms. As a result of SOX, top management must now individually certify the accuracy of financial information. In addition, penalties for fraudulent financial activity are much more severe. Also, SOX increased the independence of the outside auditors who review the accuracy of corporate financial statements, and increased the oversight role of boards of directors. Replicon is a key part of organization’s strategy to meet SOX compliance.

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