What are the benefits of SAS 70 to a service organization?
Service organizations receive significant value from the performance of a SAS 70 engagement: • A SAS 70 audit provides assurance for SOX, bank regulators, HIPAA, user organizations, and more. • Very often, the SAS 70 engagement results in the identification of opportunities for improvements in operational areas. SAS 70 can dramatically improve your internal control—resulting in minimized risk of error, irregularities, and fraud. • A SAS 70 audit with an unqualified opinion can be used as a marketing tool to show potential customers you are committed to the development of sound internal safeguards and business practices. SAS 70 can differentiate you from your peers. • Without a Service Auditor’s Report, service organizations may have to respond to multiple audit requests from their clients and their respective auditors, which will strain resources. A SAS 70 report will ensure that all user organizations and their auditors have access to the same information and in many cases will satisf
