We are very pleased with our Payroll Representative at Amcheck. She is always willing to help and is very quick in her response time. I know if I ever have a question regarding our payroll, employee issues, etc. she is the one to call for the answers!! Thank you! - Lisa L
SSAE 16 TYPE II Press Release
- Published on Tue | 02 May 2006
Who Can You Trust?
Companies Build Credibility with Stringent Certifications
If you’ve been in business for any time at all you are likely well acquainted with that road which is paved with good intentions. Hopefully you haven’t been burned by its destination. But just as technology has increased efficiency in the business world, it has also created a whole slew of dangerous potentialities - from cyber-snafus to entirely criminal sabotage and identity theft. Even the most mundane of transactions usually require enough information to expose your company to real peril if it were to fall into the wrong hands or find its way into some accidental cyber tar pit. More than ever, the well-meaning people with whom you likely transact commerce are vulnerable to the threats, unintentional or otherwise of the computer age.
So how do you determine whether your commercial partners are to be trusted with your valuable information?
One method of assuring your information is safe is by dealing with companies that hold themselves to exceptionally high and independently verified standards. For instance, recently the Phoenix based AmCheck, a national provider of ASO (Administrative Service Organization) and Payroll Services, announced that they have completed the rigorous Statement on Auditing Standards (SAS) No. 70.
SSAE 16 TYPE II is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). A SSAE 16 TYPE II examination signifies that a service organization has had its control objectives and control activities examined by an independent accounting and auditing firm.
As AmCheck’s President, Dean Lucente, breaks it down, “It proves our commitment to internal quality controls is paying off. It proves to our market that we care about our internal controls.” It proves that that care is thorough and that it’s result is a secure business system.
SAS No. 70 is generally applicable when an auditor ("user auditor") is auditing the financial statements of an entity ("user organization") that obtains services from another organization ("service organization"). Service organizations that provide such services could be application service providers, bank trust departments, claims processing centers, internet data centers, or other data processing service bureaus.
A services organization such as AmCheck has been through an in-depth audit of their business control activities, which generally include controls over information technology and related processes, to receive the prestigious SSAE 16 TYPE II certification.
“This also assures clients that their information is secure,” says Lucente. “This is about trusting us with your most intimate information.” One way AmCheck limits their exposure is by processing all their data domestically as opposed to many companies who outsource their data control to other countries. “Our data never crosses international borders,” affirms Lucente. This precaution and others like it have enabled AmCheck to qualify for SSAE 16 TYPE II, thus assuring business partners and clients that information is safe with AmCheck.
Some of the information above is based on the AICPA’s audit guide entitled “Service Organizations, Applying SAS No. 70, As Amended”.
For more information, please contact David Blackman, Corporate Marketing Director, at email@example.com or firstname.lastname@example.org.