Leading debt collection solution provider CDS Software announced today that the company received its Statement on Standards for Attestation Engagements Number 16 (SSAE 16) Type II certification by the American Institute of Certified Public Accountants (AICPA). The certification was achieved through the SOC 1 examination report conducted by auditing firm The Moore Group.
The SSAE 16 Type II Audit examined CDS Software’s internal controls; providing clients assurance that the company maintains an accurate and reliable operational environment in line with the compliance and security standards required.
“Throughout the 44 years CDS Software has served the debt collection industry we’ve seen many changes; compliance and security standards are greater than ever before,” said Mark Bergmann, CDS Software’s COO. “Receiving our SSAE 16 Type II certification is symbolic of our unwavering commitment to maintaining high standards,” said Bergmann.
CDS Software has been an innovator in the accounts receivable management industry since 1970. Its flagship CollectOne is an award-winning, all-inclusive debt collection solution. CDS Software’s clients span the globe ranging from start-up collection agencies to Fortune 100 companies, collecting on a broad range of debt categories. To learn more about CDS Software and CollectOne visit: www.collectone.com.