SAS 70 is an internationally recognized auditing standard put forth by the American Institute of CPAs. It is used by auditors for examining internal controls in service organizations that provide critical, third-party outsourcing services to other companies such as data centers, payroll companies, medical claims, and benefits processing providers.
Although the inception of SAS 70 was in 1992, the growth between 2003 and present day has been enormous due to Sarbanes Oxley (SOX). In particular, a SAS 70 Type II certification is known as "report on controls placed in operation" and "tests of operating effectiveness".
Are you a professional who is accountable for clearly defined and documented standard operating procedures? Without them, does your company run the risk of failing their SAS 70 Type II certification? Are you burdened by the countless manual sign offs required to “prove” to auditors you have been diligent in your efforts to effectively communicate the procedures to all relevant employees?
RightProcess is total policy and procedure management solution designed to help organizations define, document, and implement their standard operating procedures as they relate to SAS 70 Type II certifications. Using RightProcessorganizations can easily provide auditors with requested data pertaining to version control, review dates, approvals and proof of employee awareness (sign offs).
Click here to see a complete list of the RightProcess features and functionality.
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