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"IT Solutions for Sarbanes Oxley Act VoiceLog"
VoiceLog Employee Hotline
VoiceLog
LLC, who provides call recording services, unveiled its employee hotline service, VoiceLog
SARBOX, which is designed to meet the needs of publicly-traded companies who are
required to provide such a hotline under section 301 of the Sarbanes-Oxley bill passed in
2002.
Because of the Sarbanes-Oxley bill, public
companies are required to provide a confidential method for employees to report financial
issues directly to the audit committee of their board of directors. The requirement is
only one of many placed on these companies by the new law.
By using this service, employees of
publicly-held companies will be able to anonymously report potential fraud and other
issues to the audit committees of those companies, either by telephone or over the Web.
The telephone-based service is available as either a completely automated service or a
live operator service. Both telephone and Web-based services use a variety of techniques
to protect employee identity, while still providing the employee with a means of tracking
the resolution of the report. All services are available in multiple languages.
"VoiceLog SARBOX is very easy
to use," said Terry Bray, Compliance Consultant at VoiceLog. "An employee simply
picks up the telephone and dictates their report, using either scripted prompts or talking
with a live agent. The employee is given a case number for resolution tracking while the
audit committee is provided either a recording of the conversation -- masked to prevent
recognizing the employee's voice -- or a transcript of the report. The audit committee
representative can then provide feedback to the employee, using the case number and the
same telephone interface. The entire process is confidential, secure, convenient, and very
cost-effective."
The service leverages the VoiceLog
platform, a call processing and recording system designed for 99.999% reliability and
uptime. Calls are received in a high-availability platform with multiple levels of fault
tolerance. Recordings are stored in a RAID-5 hard-disk SAN storage device with hot-standby
database access, in addition to offsite backup storage.
Live operator calls are routed using
the Rockwell FirstPoint Contact Enterprise platform. For security, the system has 24x7
manned and camera surveillance, virtual private network access and a host of other
protective measures. VoiceLog is a long-time
provider of services for regulatory compliance. The company is a world-leader in Third
Party Verification, a service that verifies telephone and other sales to meet FCC and
state PUC regulations.
www.voicelog.com
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