Who Needs a SAS 70?
A SAS 70 enhances the credibility of any service organization, but there are several other reasons why it is useful. First, you’ll save money and time by replacing the disruption to your business from visiting auditors or clients with a single visit from a service auditor, typically once or twice per year. Second, you will gain key insights about best practices and common issues that companies in your industry face from experienced auditors who have previously completed comparable audits. Having an unrelated party reviewing your processes and controls — and critiquing them — can improve your business; ideally, the auditors will provide constructive criticism rather than simply agreeing with your procedures. Third, a SAS 70 report is a great marketing tool. Your business will have an advantage over competitors when potential clients interview and compare potential service providers. The identification and documentation of specific control objectives in a Type I report gives them a lev
