Many people are aware of Sarbanes-Oxley Act of 2002 or its commonly referred to acronym, SOX. The Sarbanes-Oxley Act is an eleven-part document covering all the requirements for registrants of the US Securities and Exchange Commission. Important parts of this report include sections 302 and 404, which impose new rules and responsibilities intended to ensure that financial reports are materially and accurate present a fair and true picture of a company’s condition. 

Section 302 requires CEO’s and CFO’s to sign off on the accuracy of their financial statements, obligating them to accept personal liability for those statements; a new and frightening responsibility.

Canada, Europe and other parts of the world have their own brand of Sarbanes-Oxley. The purpose of this is to prevent the type of corporate scandals that have made shareholders of public companies, see their stock lose value, because of the lack of oversight by a few greedy tycoons.

Our Hosted Time and Attendance Software provides rudimentary SOX Compliance initiatives that include:

• Multiple highly secure facilities with redundant fault tolerant environment
• Crucial scheduled database backups
• Flexible reporting from a secure database structure

Sarbanes–Oxley requires that controls are in place to ensure a secure environment for sensitive and financially related data for organizations. Our Web-Based Time and Attendance Software is hosted at a secure server facility. Apex Time Solutions will assist with SOX Compliance by ensuring secured access to mandated reporting is made available when required.

 With ATS Cloud-Based Hosted Time and Attendance you eliminate expensive hardware purchases, license renewals, and any other fees required to maintain your IT system. Avoid all the heartaches that come with manual time sheets by automating your time clocks. The ATS Hosted Time and Attendance System solves this problem by accurately recording your employee’s time punches, and automating your rules and regulations resulting in a precise payroll process.

 Our Workforce Management Solutions include activities, processes, and tools needed to manage a workforce. There is a wide variety of configurable time and attendance solutions that can meet the demand of any business segment, which include:

• Time and Attendance – labour tracking, data collection, time tracking
• Absence Planning – managed leaves, unmanaged leaves, productivity
• Workforce Planning – long term forecasting, variance management
• Scheduling – optimizing, short term forecasting, shift tracking

 You can save thousands of dollars but still run your business like a world-class infrastructure. We offer a very flexible per-user/per-month pricing structure for our hosted time and attendance software. With Apex Time Solutions, you only pay for what you need.

 To download a copy of our Hosted Time and Attendance brochure click here. To view a demo or to speak to one of our account executives contact us here.