VALLEY FORGE, Pa. – PSC Info Group, a national provider of innovative, technology-enabled solutions and proven revenue acceleration tools to streamline the collection of consumer payments, announced today that for the third consecutive year it has successfully completed the American Institute of Certified Public Accountants’ (AICPA) Statement on Auditing Standards No. 70 (SAS 70) Type II audit.
SAS 70 verifies a service organization has been through an in-depth audit of both its IT and business process controls. The audit is conducted by an independent CPA firm, which analyzes the organization’s process control structure to ensure the reliable mitigation of risks across the enterprise. SAS 70 is the only nationally recognized, peer-reviewed assessment of both IT and business process controls specific to the audited company’s operation. The successful SAS 70 audit assures the effectiveness of internal controls, and it provides validation and assurance that PSC Info Group employs uniform and reliable operational controls.
PSC Info Group’s SAS 70 audit, conducted by IS Partners, LLC, considered a broad range of business processes including internal procedures, corporate ethics and defined workplace codes; internal monitoring, quality assurance and oversight; data security and integrity; physical security; design, development and change cycles for hardware and software systems; and records maintenance. This year, PSC will undertake the new AICPA Attestation Standard, SSAE No. 16, as part of its SAS 70 audit of controls and processes.
“Achieving SAS 70 Type II certification again this year is a significant achievement for PSC Info Group,” said Michael Hennessy, the company’s CIO. “It validates our dedication to providing the highest standards of service and value to our clients. Certification gives our clients confidence that our IT and business processes, procedures and controls meet the AICPA’s most stringent standards.”
About PSC Info Group
Headquartered in Valley Forge, Pa., with additional processing facilities in Reno, Nev., PSC Info Group (www.pscinfogroup.com) is a leader in data management, document and transaction processing technology and online solutions that facilitate billing, collection and other time-sensitive communications. With 30 years of experience, PSC Info Group delivers effective, customized solutions for accounts receivable management, healthcare, cable, telecommunications, publishing, media, financial services, insurance, utilities and government sectors. PSC Info Group helps clients effectively manage their document and information needs by combining unsurpassed industry experience with the latest technology.