NEW ORLEANS, La. -- Altus Global Trade Solutions, an innovative account receivables management (ARM) firm, today announced that it has successfully completed the Service Organization Control (SOC) 1 Type II and SOC 2 Type II audits. These comprehensive certifications verify Altus' commitment to uphold the strongest accounting and security protocols.
An independent licensed CPA and SOC audit specialist conducted the evaluation of Altus' controls. SOC 1 certifies that a service organization's controls are suitably designed and implemented in line with Federal regulations.
"Altus delivers trust based services to our clients, and by communicating the results of this audit, our clients can be confident of their reliance on Altus' controls," says Tom Brenan, IV, president Altus Global Trade Solutions. "As a globally recognized ARM firm, maintaining robust compliance operations is a core principle of our business."
Specifically geared to technology companies, SOC 2 service auditor reports focus on a service organization's non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy. This extensive reporting standard provides independent validation that Altus' internal control environment operations in accordance with the American Institute of Certified Public Accountants (AICPA) trust services principles and criteria.
"Rightly so, companies are concerned with their security and data privacy," says Bryan Clancy, executive vice president of sales at Altus, "SOC 2 Type II certification assures our client's data is secured with a reputable firm who implements data privacy and security controls. Receiving this from an independent specialist further solidifies Altus as a premier service organization."
About Altus Global Trade Solutions
Altus Global Trade Solutions is an innovative account receivables management firm helping leading companies gain new levels of confidence and control over their credit to cash cycle. We combine the most advanced technology with the largest international network of trained, certified professionals to streamline first and third-party asset recovery at the highest levels of security and compliance. Backed by our world-class ARM Managed Services Team, we gather and analyze rich insights and best practices at every step to continuously improve and enhance your entire receivables management process in ways you can see, feel and measure. For more information, visit www.trustaltus.com or connect with us on LinkedIn.
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