Verian consistently receives high marks in SOC 1 examinations, and we are extremely proud of that achievement.
Charlotte, NC (PRWEB) August 10, 2012
Verian, a world leader in universal purchasing and invoice processing systems, recently announced that it has completed an SOC 1 (Statement on Standards for Attestation Engagements No. 16 (“SSAE 16”)) Type ll examination.
SSAE 16, developed by the American Institute of Certified Public Accountants (AICPA), is the most widely recognized authoritative guidance that provides service organizations a uniform method for disclosing independently assessed information about the design and operation of internal controls related to their services.
Companies who complete an annual SOC 1 examination are able to demonstrate a substantially higher level of assurance and operational visibility than those companies who do not. The completion of the SOC 1 Type ll examination typifies Verian’s continued commitment to create and maintain the most stringent controls needed to ensure the highest quality and security of services provided to their customers.
“Verian consistently receives high marks in SOC 1 examinations, and we are extremely proud of that achievement”, says Eric Wilson, Vice President of Operations for Verian. “This important designation signals to our current and prospective customers that Verian is a company with proper internal controls in place, and they can have complete confidence in our services.”
The examination was performed by 360 Advanced, P.A., an independent, full-service audit and consulting firm that specializes in integrated compliance solutions, including conducting SOC 1 examinations.
Verian is the leader in universal purchasing and invoice processing systems. Founded in 1997 with headquarters in Charlotte, NC, Verian helps clients in a wide array of industries control spending and enhance visibility by providing them with a single software platform to automate their entire purchase-to-pay process. Verian’s broad and flexible product offering provides affordable, easy-to-use solutions that fit companies now – and when they change. Notable customers in industry segments such as energy, including oil & gas, retail, industrial, healthcare, financial services, government/non-profit and many others all trust Verian for intelligent purchase-to-pay automation solutions. Learn more at Verian.com.