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Wednesday, September 12, 2007

DATASERV COMPLETES SAS 70 AUDIT


DataServ, the leading on-demand service provider of document management, workflow and outsourcing solutions, announces that it has successfully completed its SAS 70 (Statement on Auditing Standards No. 70) Type II Report for 2007. Developed by the American Institute of Certified Public Accountants, SAS 70 is the standard used to measure the reliability of a service organization's internal controls. DataServ has received an "unqualified opinion" from its independent auditor Brown Smith Wallace.

"We are very satisfied with the results from our SAS 70 auditing process," said Jeff Haller, CEO of DataServ. "Brown Smith Wallace performed a very thorough and rigorous review of DataServ's processes and controls and it was incredibly gratifying to come through with such great results."

A SAS 70 Type II engagement allows a service organization to have its control policies and procedures evaluated and tested. The results of the test for controls around DataServ's client support processes, documents and document process automation services ensure that the proper procedures and controls are in place to support their customers who must abide by Federal regulations such as Sarbanes-Oxley and Health Insurance Portability and Accountability Act (HIPAA).

A Service Auditor's Report with an unqualified opinion, such as the one DataServ received, issued by an Independent Accounting Firm differentiates the service organization from its peers by demonstrating the establishment of effectively designed control objectives and control activities.

"This completed SAS 70 Report will help our company build trust with our current and prospective clients," says Haller. "The result of the SAS 70 audit illustrates the reason why our clients outsource their document and process automation services to DataServ."

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