Every company has become aware of the significant increase in government regulations in recent years, and although specifications vary, the increased need for protection of information is universal. Some of the major regulations that have a large impact on public companies include the Sarbanes-Oxley Act, and HIPAA (the Health Insurance Portability and Accountability Act).
The Sarbanes-Oxley Act requires organizations to implement controls over the release of information to individuals or organizations outside the company's network. Sarbanes-Oxley mandates a far reaching framework to be used as the basis for ensuring the accuracy and integrity of public companies' financial statements. The only way to do this is to have control over the entire lifecycle of your financial statements.
HIPAA provides regulations regarding the security of Protected Health Information. Health care organizations, insurance providers, and emlployer-based health plans must ensure that protected information is stored and transmitted securely.
Architectures that emphasize secure repositories help ensure the integrity of information. Furthermore, a system should be able to detect changes in information, creating an auditable "paper trail". This can be achieved through a combination of document capture and management. Datacap Taskmaster helps feed back-end systems more intelligently, resulting in greater financial transparency.
Taskmaster provides the front-end ability to capture and perfect data before it enters an organizations' database or repository. Extensive validation and verification capabilities guarantee data accuracy and compliance with regulatory requirements.
Datacap Taskmaster is the perfect platform to manage all your scanned documents and preserve the data integrity that your organization needs. For an automated health claim capture system, Taskmaster for Medical Claims increases processing speeds and improves accuracy using HIPAA-compliant interfaces. Contact us for more information.
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