The completion of this audit allows our clients to know that we are doing everything reasonable to ensure their human capital is simply managed. - Ted Arent, Director of Information Technology.
Tampa, Florida (PRWEB) May 22, 2014
Mangrove Software, a leading cloud provider of human capital management solutions, has announced it has successfully completed an independent audit for the Statement on Standards for Attestation Engagements No. 16 (SSAE 16) compliance.
The examination was conducted by Auditwerx, an independent, third-party auditor, with offices in Tampa, Florida and Toronto, Canada. Auditwerx, a Certified Public Accounting firm and U.S.-based Chartered Accountant, specializes in SSAE 16 SOC 1 Type 2 assurance examinations for service businesses.
The audit and examination was conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants (AICPA). Auditwerx issued a report confirming that Mangrove Software is operating in compliance with SSAE 16 SOC 1 Type 2 standards, for controls related to the development, hosting services, and support of its Human Capital Management application suite.
The nationally recognized third-party assurance audit is designed for service organizations and examines data protection, privacy, confidentiality, and reporting standards.
“Mangrove’s goal every year is to improve the infrastructure and processes for our clients. This year’s audit reflects the hard work and dedication of the people at Mangrove that make these goals a reality,” Ted Arent, Director of Information Technology.
Mangrove’s application suite (Software as a Service - SaaS) is a cloud-based or hosted human capital management system that provides thousands of companies around the nation, the ability to streamline their HR, payroll and time keeping processes through the use of state-of-the art technology. This solution and its services were included in the SSAE 16 SOC 1 Type 2 audit.
“The re-certification of the SSAE 16 SOC 1 Type 2 provides our client’s auditing teams specific assurances that as their chosen HR and payroll vendor, we are following industry standards and reviewing our security and processes annually," said Jim Costello, Chief Operations Officer.
Completion of the SSAE 16 SOC 1 Type 2 examination indicates that Mangrove’s processes, procedures, and controls have been evaluated, tested, and approved by an independent accounting and auditing firm.
“The completion of this audit allows our clients to know that we are doing everything reasonable to ensure their human capital is simply managed,” Ted Arent, Director of Information Technology.
About Mangrove Software
Mangrove designs, markets, implements and supports HR, payroll, and talent management solutions in the United States. Mangrove is an Internet-based solution delivered via cloud, and designed to improve the relationship between employer and employee through the use of technology. Mangrove’s solutions deliver the flexibility and functionality businesses need to manage their employees, including recruitment and onboarding, HR management and compliance, benefits management and online enrollment, payroll, performance management, reporting and analytical decision-making tools, time and attendance, and a self-service Web portal for executives, managers, administrators, recruiters, and employees. For more information on Mangrove and its solutions, please visit http://www.mangrovesoftware.com.