Vertex, Inc., a leading provider of tax technology solutions and services, today announced its Vertex Cloud Indirect Tax solution has successfully completed the Service Organization Control (SOC) 2 Type 2 examination. The audit process affirms Vertex Cloud’s information security practices, policies, procedures and operations meet the SOC 2 standards for security.
Vertex Cloud’s SOC 2 report validates the security of hosted solutions and helps satisfy customer requirements. This includes obtaining assurance over third-parties who host their data and the effectiveness of the solution’s compliance or operations based onTrust Services Principlesand criteria. In addition, it provides a thorough review of how Vertex Cloud’s internal controls affect the security of the systems used to process user data, a crucial element for customers in highly regulated industries.
“As companies use outside vendors to perform core business activities, there is a need for more security and trust specifically regarding cloud service providers,” said Jen Kurtz, Vertex chief technology officer. “Obtaining the SOC 2 reinforces our commitment to the integrity of our services, showing customers that we are accountable, responsible and transparent.”
As part of Vertex Cloud’s commitment to security, it will continue to have the SOC 2 performed annually. See the American Institute of CPAswebsitefor more details on SOC 2 compliance.
Since 1978, Vertex, Inc., has been a leading provider of tax technology and services, enabling companies of all sizes to realize the full strategic potential of the tax function by automating and integrating tax processes, while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for every major line of tax, including income, sales and consumer use, value added and payroll. Headquartered in Pennsylvania, and with offices worldwide, Vertex is a privately held company that employs over 900 professionals and serves companies across the globe.