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March 6, 2013 /PRNewswire/ -- GEP, a leading global provider of
procurement software and services focused exclusively on procurement, today announced that it has undergone a Service Organization Control 2(SM) examination, resulting in a CPA's report stating that management of GEP maintained effective controls over Trust Services Principles and Criteria for Security and Availability of its procurement technology, consulting and outsourcing solutions. The engagement was performed by Princeton Audit Group, Inc., a leading auditing firm specializing in SSAE 16 and other IT audits.
GEP has consistently led the e-procurement technology sector in securing certification for its processes and procedures, such as SAS 16 and now SSAE 16 SOC 2 certifications.
A SOC 2(SM) report is an internal control report on the technology services provided by a service organization to its customers and provides valuable information that existing and potential customers of the service organization need to assess and address the risks associated with an outsourced service.
The report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls at a service organization that are relevant to the security, availability, of the system used by the service organization to process customers' information.
Current and prospective customers interested in a copy of the SOC 2(SM)
report may contact
Manisha Thakur, senior manager, technology, at
GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our client's success, creating strong collaborative relationships that deliver extraordinary value year after year. We deliver practical, effective
procurement services and technology that enable procurement leaders to maximize their impact on business operations, strategy and financial performance. Named a category leader in procurement outsourcing by the Black Book of Outsourcing, a Star Performer in Everest Group's Peak Matrix of service providers, and to the Supply & Demand Chain Executive 100 for seven years, GEP is also ranked as one of the Fastest Growing Technology Companies in Deloitte's Technology Fast 500.
Clark, NJ-based GEP has eight offices and operations centers in North and
Asia. To learn more, please visit
Alfred GirardiGEP P 732.732.6565 | F 732.382.6363