SCSI is Sarbanes–Oxley (SOX) Compliant

12 January 2016
Category:
General News
VMI

SCSI has been Sarbanes-Oxley (or SOX) compliant for over 4 years. Our major OEM customers perform yearly audits to the SOX requirements, which we have passed with flying colors.

What is SOX and What Does It Mean For You?

The Sarbanes-Oxley Act’s rules and regulations are intended to protect investors from the possibility of fraudulent accounting activities by corporations. SOX was enacted in response to the accounting scandals that were prevalent between 2000 and 2002. Scandals such as Enron, Tyco, and WorldCom shook investor confidence in financial statements and required an overhaul of regulatory standards. It makes companies have accurate reporting on their assets. So SOX compliance allows SCSI to ensure our customers have accurate asset reporting also.

Our proven processes have built-in checks and balances, and we support a solid corrective action process to continually improve. If you are a logistics customer with SCSI, you can have confidence that your assets are being reported accurately with the best processes in the business.

To learn more about SCSI’s logistics capabilities, contact our Sales team today.

As a trusted partner for more than 900 customers, we’d like to learn how we can partner with YOU.  Contact us today to get started.

Want to learn more?  Watch our short video.





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