Global eProcure Receives SAS 70 Type II Report and ISO 9001:2008 Certification
Summary
Clark, NJ, April 17, 2010 --( Subhash Makhija, CEO and Co-Founder remarked, “In the current market environment, our product solutions can assist clients by reducing their operational and administrative burdens associated with their procurement life cycle, enabling them to focus on their core business activities.” SAS 70 reports are drawn up by an independent auditor in line with a standard developed by the American Institute of Certified Public Accountants.Global eProcure supports their clients with a blend of strategic consulting and implementation, outsourcing services, as well as commercial, off the shelf procurement tools and technology solutions.The SAS 70 Type I and II independent auditor reports do not show any exceptions and will give clients the confidence that Global eProcure is a reliable entity that has demonstrated robust internal controls.This SAS 70 Type II showcases to other stakeholders that their internal controls are above market standards.Subhash Makhija, CEO and Co-Founder remarked, “In the current market environment, our product solutions can assist clients by reducing their operational and administrative burdens associated with their procurement life cycle, enabling them to focus on their core business activities.”SAS 70 reports are drawn up by an independent auditor in line with a standard developed by the American Institute of Certified Public Accountants.ISO 9001:2008 specifies requirements for a quality management system where an organization needs to demonstrate its ability to consistently provide products that meet customer and applicable statutory and regulatory requirements, and aims to enhance customer satisfaction and processes for continual improvement.The company plans to continue the internal control review process to bolster their Risk Assessment and Mitigation strategies.About SAS 70Statement on Auditing Standards (SAS) No.
