Now Is the Time is the second studio album by Alanis Morissette, released only in Canada in August 1992 (see 1992 in music). It was the final album for MCA Records Canada. Morissette recorded the album with Leslie Howe, who produced her debut album, Alanis (1991).

Now is the Time is the sixth album by Japanese band Polysics. It is the first album of new material to be released in Japan, the United States of America, and the United Kingdom. Several tracks on the album were produced by Andy Gill of the band Gang of Four. The Japanese, US, and UK releases all have different track lists, each with exclusive tracks.