What are the benefits of a SAS 70 audit to service organizations?
Service organizations receive significant value from having a SAS 70 audit. Benefits include: • Generating new revenue opportunities by opening new markets. A SAS 70 audit provides a compelling point of difference for your firm. It could open the door to larger businesses and publicly traded companies that weren’t prospects before because they are required to do business with SAS 70-compliant service providers. • Retaining customers in a rapidly changing environment. Simply put, a service provider without a SAS 70 audit risks losing business from customers who require their providers to have SAS 70 audits. • Building customers’ trust. Armed with a SAS 70 audit, you can prove to customers and prospects that your company is committed to safeguarding their data and assets. They’ll have peace of mind knowing the proper internal controls are in place and operating effectively to protect their data and assets. • Improving your company’s internal controls. Because a SAS 70 audit evaluates you
