Peachtree Corners, GA, April 22, 2016 – Business Software, Inc. (BSI), a leading provider of payroll onboarding, tax calculation and filing solutions in the cloud, announced it has successfully participated in a Service Organization Control (SOC) 2 Type 2 audit. The completion of this audit verifies that BSI’s information security practices, policies, procedures and operations meet the SOC 2 standards for security.
“Completing a SOC 2 Type 2 audit demonstrates our ongoing commitment to security and underscores the investment we’ve made to keep customers’ data and our systems safe,” said Russell Rindik, Vice President of Operations for BSI. “We strive to sustain the highest level of internal controls and compliance standards.”
The Importance of SOC 2 Type 2
Service providers must demonstrate adequate ongoing controls of data protection technologies and processes. The SOC 2 Type 2 report provides strict audit requirements and sets a high bar for a more meaningful audit standard. The same audit report used by other top software service providers, SOC 2 verifies the security of infrastructures and services and is considered an industry standard.
“The certification sets BSI apart from competitors in the growing cloud ecosystem. Our customers can be assured that the highest level of internal controls and security are established and maintained,” elaborated Rindik.
About SOC 2 Type 2
The Service Organization Control (SOC) 2 audit is performed in accordance with AT 101 and based upon the Trust Services Principles. The Trust Service Principles are modeled around four broad areas: Policies, Communications, Procedures, and Monitoring. Each of the principles has defined criteria (controls) which must be met to demonstrate adherence and produce an unqualified opinion.
BSI is a leading provider of U.S. payroll onboarding, tax calculation, and payroll tax filing and supporting solutions in the cloud. Leveraging 36 years of experience, BSI offers the largest array of solutions in the industry that are used by clients to process more than a half billion transactions annually. Thousands of organizations – including many of the world’s best known companies – use BSI to minimize their compliance risks, reduce labor costs, maintain regulatory compliance, improve workforce productivity and increase employee satisfaction. For more information about BSI, please visit www.bsi.com.
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Business Software, Inc.