Compliance - Conforming to Government Regulations, Standards and Guidelines

'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' are powerful project time tracking software application that adheres to many regulatory standards and quality control guidelines for the collection of timesheet information. Through our powerful Audit Trail, Timesheet Approval Paths and other built in Security, your company will exceed corporate governance, labor and industry regulations.

Conforming to these standards:

Sarbanes-Oxley Act (SOX, Sarbox) The Sarbanes-Oxley Act (SOX, Sarbox) is a U.S. Congressional act passed on July 30, 2002 to prevent future corporate financial scandals. The act requires businesses to handle payroll, administration, IT and other financial processes in a specific way to avoid inaccuracy, fraud etc. 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' assists in this regulation through gathering accurate time metrics for Payroll, Billing or other purposes.

To be SOX compliant, clients should:

Set Audit Trail = Medium Level
Apply Timesheet Approval Workflows & Security
Use free e-learning Training for all staff
Use Time Lockout to prevent additions or edits to time entries after a specific date.

Soc1 - Service Organization Control Report 1 (SOC 1) or SSAE 16, formerly known as SAS 70

SOC 1 reports retain the original purpose of SAS 70 reports in that they provide a vehicle for reporting on the system of internal control of a service organization that is relevant to internal control over financial reporting of a user organization. SOC 1 reports are intended to be auditor-to-auditor communications, just like SAS 70.

To be SOC1 compliant;

SOC1 report on Controls at a Service Organization Relevant to User Entities' Internal Control over Financial Reporting.

U.S. Defense Contract Audit Agency (DCAA) The Defense Contract Audit Agency (DCAA) is responsible for performing all contract audits for the Department of Defense (DoD), and providing accounting and financial advisory services regarding contracts and subcontracts to all DoD components responsible for procurement and contract administration. 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' are DCAA compliant (section 5-900, DCAA Contract Audit Manual).

To be DCAA compliant, clients should:

Set Audit Trail = Detailed Level
Apply Timesheet Approval Workflows & Security
Use free e-learning Training for all staff
Set Job Scheduler for Automated Backups
Note reason for supervisor changes to any approved time within time description.
Use Time Lockout to prevent additions or edits to time entries after a specific date.

U.S. Central Contractor Registration (CCR) Since October 1, 2003, it is federally mandated that any business wishing to do business with the federal government under a FAR-based contract must be registered in CCR before being awarded a contract. 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' are directly available to all U.S. Government agencies through requisition from the CCR database.

To inquire within the CCR database:

Duns# 258845023
Cage/NCage Code L1335

Capability Maturity Model Integration (CMMI®) Capability Maturity Model Integration (CMMI®) is a process improvement approach that provides organizations with the essential elements of effective processes. It can be used to guide process improvement across a project, a division, or an entire organization. CMMI helps integrate traditionally separate organizational functions, set process improvement goals and priorities, provide guidance for quality processes, and provide a point of reference for appraising current processes. Besides DOVICO being a CMMI® based company, our 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' also assists with this strategic improvement.

To use our software for CMMI, clients should:

Set Audit Trail = Low Level
Apply Timesheet Approval Workflows & Security
Monitor, Analyze and Improve Projects based upon Time Metrics
Use Time Lockout to prevent additions or edits to time entries after a specific date.

Six Sigma Six Sigma is a rigorous and disciplined methodology that uses data and statistical analysis to measure and improve a company's operational performance by identifying and eliminating "defects" in manufacturing and service-related processes. Commonly defined as 3.4 defects per million opportunities, Six Sigma can be defined and understood at three distinct levels: metric, methodology and philosophy. 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' adhere to Six Sigma's methodology and is core to the process.

To use our software for Six Sigma, clients should:

Set Audit Trail = Low Level
Apply Timesheet Approval Workflows & Security
Monitor, Analyze and Improve Projects based upon Time Metrics.
Use Time Lockout to prevent additions or edits to time entries after a specific date.

SR&ED (Canadian Tax Credits) Scientific Research & Experimental Development (SR&ED) is one of the largest sources of the Canadian government's support for businesses. Within the SR&ED program, businesses may receive funding towards the development of new, improved, or technologically advanced products. Our 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' assists with tracking the time associated with the projects and makes the project estimation, and billing (claims) process much easier.

To use our software for SR&ED Tax Credits, clients should:

Set Audit Trail = Low Level
Apply Timesheet Approval Workflows & Security
Use Time Lockout to prevent additions or edits to time entries after a specific date.

* DCAA, DoD, CMMI, Sarbanes-Oxley (SOX), and Six Sigma are all trademarks of their associated organizations. Compliance standards are more than just a technology issue; it is the processes and controls of the organization that need to be certified as compliant. 'DOVICO Timesheet' and 'DOVICO Planning & Timesheet' offers infrastructure to support this compliance. The above regulatory conditions were checked for software adherence on July 27th 2006.