With strong internal controls, and the ability to provide secure and integrated business solutions, we are able to help our customers achieve their goals of maximizing profits in the highly competitive food industry,
Pittsburgh, PA (PRWEB) February 03, 2015
SCA Technologies, the leading provider of supply chain sourcing and margin management solutions, announced the successful completion of the Service Organization Control (SOC) Type 1 audit. Kirkpatrick Price, an independent auditor, conducted the comprehensive review of SCA’s principles and processes for security, availability, processing integrity and confidentiality.
“Achieving our SOC 2 status involved an in-depth analysis that demonstrates our commitment to protect the integrity of our customers’ data and systems,” stated Samarth Sarthi, CEO of SCA Technologies. “With strong internal controls, and the ability to provide secure and integrated business solutions, we are able to help our customers achieve their goals of maximizing profits in the highly competitive food industry,” he continued.
Customers use the SCA PlannerTM suite to manage commodities volatility and guide direct materials sourcing decisions for billions in category spend. SCA Technologies helps food manufacturers and restaurant chains increase margins using an integrated solution to:
- optimize sourcing and supply planning using more accurate and more complete cost drivers
- improve cross functional visibility of the impact of pricing and margin decisions
- increase communication and drive collaborative processes like sales and operations planning (S&OP) or promotions planning
- better manage risk and reduce supply chain surprises.
The American Institute of Certified Public Accountants (AICPA) established the SOC 2 certification process. SOC 2 effectively replaces the Statement on Auditing Standards (SAS) 70, as the official auditing standard for service organizations to demonstrate they have adequate internal processes and controls in place.
About SCA Technologies
SCA Technologies provides supply chain and margin management solutions that help food industry leaders maximize profits by better managing market, supply and demand volatility. Supply chain, procurement, and finance professionals use the integrated approach of SCA Planner™ to make better decisions for billions in category spend each year. With this increased visibility they can finally evaluate market alternatives in a coordinated manner and respond quickly to changes, leading to an average reduction in the cost of goods sold by 3-5% on an annual basis. Learn more about our innovative, cloud-based solutions at http://www.scatech.com