|By Business Wire||
|May 6, 2014 08:00 AM EDT||
Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, announced today that it has successfully obtained SSAE No. 16 (Statement on Standards for Attestation Engagements) and ISAE 3402 (International Standard on Assurance Engagements) Type 2 compliance for its on-demand document process automation solutions, following an audit conducted by A-lign, an independent auditing firm. Having earned Type 1 compliance in 2012, Esker underwent the Type 2 level examination in order to enhance the level of security and assurance it provides to customers.
SSAE 16 and ISAE 3402 Type 1 reporting determines if an organization’s controls are designed appropriately. For entities new to the world of reporting on controls, Type 1 reporting is typically a stepping-stone to what is ultimately required by service organizations — Type 2 reporting. Type 2 reports include the same confirmation steps involved in a Type 1 examination in addition to an evaluation of the operating effectiveness of the controls for a period of at least six consecutive months. Type 2 reporting not only includes the service organization's system description, but detailed testing of the design and operating effectiveness of the service organization’s controls.
“Esker is committed to delivering the highest standard of operational excellence for its on-demand customers around the world,” said Jean-Michel Bérard, CEO at Esker. “Our compliance with the SSAE 16 and ISAE 3402 Type 2 standard enables us to reassure our partners and customers about the level of control that Esker has over its infrastructure, as well as eliminate any concerns over security.”
About SSAE 16 and ISAE 3402
SSAE 16 and ISAE 3402 are international reporting standards that analyze a service organization’s control over information technology and related processes. Successfully complying with these standards indicates that processes, procedures and controls have been formally evaluated and tested. SSAE 16 and ISAE 3402 standards validate the quality and integrity of an organization’s internal control processes and procedures for on-demand customers and address the rules of internal control outlined in the Sarbanes-Oxley Act legislation.
Esker is a worldwide leader in document process automation solutions. Addressing all types of business processes, from accounts payable and accounts receivable to order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing and sending of any business document with one platform. Esker helps over 80,000 companies around the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency and environmental impact.
With 41.1 million euros in sales revenue in 2013, Esker operates in North America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. Esker is listed on the NYSE Alternext in Paris (Code ISIN FR0000035818). For more information, visit www.esker.com. Follow Esker on Twitter at twitter.com/eskerinc and join the conversation on the Esker blog at www.quitpaper.com.