What compliance requirements are there for EDM?
Enterprise document management requirements vary depending on which laws or regulations pertain in a given industry. Some industry associations have established document management standards that are independent of state or federal regulations. Sarbanes-Oxley Act: SOX has wide-ranging implications for document management, as it affects all publicly traded companies, along with assorted auditors, brokers, public accounting firms and securities analysts. When these entities experience material changes in their financial condition or operations, they have to disclose it rapidly. They must also be able to retrieve the relevant data, such as email messages, when requested by auditors or regulators. The Sarbanes-Oxley Act sets out rules on financial reporting, audit committees, executive loans, insider trading and how management assesses controls, all of which can have implications for enterprise document management. Learn more in this SOX FAQ. HIPAA: The health care industry is subject to s
