This achievement demonstrates Telesoft's commitment to providing the highest standards of service and security to our global clients
Phoenix, AZ (PRWEB) July 14, 2009
Telesoft, trusted experts in fixed and mobile Telecom Expense Management (TEM) software and services, announced that it received a satisfactory Statement of Auditing Standard, Number 70 (SAS 70), Type II audit report. SAS 70, Service Organizations, is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). This in-depth assessment, performed by an independent auditor, assures that Telesoft's customer data is being handled securely and with business controls approved by AICPA.
In today's global economy, service providers must demonstrate that they have adequate controls and safeguards in place when they host or process customer data. In addition, Section 404 of the Sarbanes-Oxley Act makes SAS 70 audit reports even more important to the process of reporting on the effectiveness of internal control over financial reporting.
"This achievement demonstrates Telesoft's commitment to providing the highest standards of service and security to our global clients," said Thierry Zerbib, CEO and Co-Founder of Telesoft. "Many of our clients must demonstrate compliance to Sarbanes-Oxley and can use this SAS 70 audit as proof of their own compliance with Sarbanes-Oxley's Section 404."
Trusted experts in Telecom Expense Management (TEM) software and services for over 25 years, Telesoft reduces fixed and mobile telecom spend to improve organizations' bottom-line. Telesoft automates the telecom expense management lifecycle - from management of telecom invoices, usage, and cost allocation, through provisioning and inventory - to lower telecom expenses and improve efficiencies. Offered as hosted, licensed, or outsourced solutions, Telesoft provides an integrated management platform for centralized inventory, common data sharing, and unified reporting. Telesoft solutions are used by hundreds of commercial and government organizations including the largest and most complex telecom environments in the world.