TEAM Software Achieves SSAE 16, Type II Compliance Certification
06/02/15 | 8:00AM | Posted by TEAM Software
TEAM Software recently attained a significant compliance achievement to add to the distinction of its Software-as-a-Service (cloud) platform. SSAE 16 Professionals, LLP, an independent CPA firm, has confirmed that TEAM has met the professional standards required of service organizations to receive the Service Organization Controls (SOC) 1/SSAE 16, Type II attestation.
The SOC 1/SSAE 16, Type II report helps service organizations validate that they have an effective system of internal control to comply with financial reporting requirements. The audit process includes an extensive examination of relevant policies and procedures as well as operating effectiveness over a time span of at least six months. TEAM was able to demonstrate its effective internal controls through documented processes, security and risk management activities and communication efforts.
“We’re very pleased with the results from our SSAE 16/SOC 1 examination, following a very rigorous and diligent review over the past year,” said Bob Pelzer, TEAM Software IT Manager.
“The SSAE 16 examination is an important, independent validation of the professional nature of our services,” noted Pelzer. “Clients who benefit from TEAM Software’s approach to integrated financial, operations and workforce management solutions expect us to ensure that we have proper controls in place. This reflects the quality of our processes and controls. Our customers gain confidence in our commitment to ensuring a highly secure, high quality service environment for our cloud-based customers knowing we have the instant management responses and change control methodologies in place to meet their needs.”
This compliance achievement demonstrates TEAM’s ongoing commitment to technology best practices and superior customer service.