Salary.com(TM) Earns SAS 70 Type II Certification
March 19 2008 - 9:52AM
PR Newswire (US)
Successful audit highlights commitment to excellence in internal
controls in the compensation and talent management software
industry WALTHAM, Mass., March 19 /PRNewswire-FirstCall/ --
Salary.com, Inc. (NASDAQ:SLRY), a leading provider of on-demand
compensation and talent management solutions, today announced that
it has successfully completed the Statement on Auditing Standards
No. 70 (SAS 70) Type II audit. SAS 70 is an internationally
recognized auditing standard developed by the American Institute of
Certified Public Accountants (AICPA). It defines the professional
standards used by an auditor to assess the internal controls of a
service organization. The SAS 70 audit reports on the internal
controls and safeguards that service organizations have in place to
process data belonging to customers. Type II refers to the report
on the company's controls and processes over a specific period of
time. "Achieving SAS 70 Type II compliance marks an important
milestone for our organization," said Yong Zhang, chief technology
officer at Salary.com. "The security of sensitive customer data is
our highest priority and successful completion of this audit
reinforces our commitment to delivering only the most secure,
on-demand data, software and services. We are proud to validate and
assure our customers that their highly sensitive compensation and
employee data is protected by the highest standards." Salary.com's
SAS 70 audit, which was conducted by UHY LLP, an independent
service auditor, focused on six key areas: information technology
organization and entity controls, CompAnalyst(R) and
TalentManager(R) account implementation, information and access
security, applications system development, implementation and
maintenance, and computer operations. Achievement of SAS 70 Type II
certification demonstrates that Salary.com has instituted the
required operational controls and safeguards to protect customer
data. About Salary.com, Inc. Salary.com is a leading provider of
on-demand compensation and talent management solutions helping
businesses and individuals manage pay and performance. Salary.com
provides companies of all sizes comprehensive on- demand software
applications that are tightly integrated with its own proprietary
compensation data sets, thereby automating the essential elements
of the compensation management process and significantly improving
the effectiveness of its clients' compensation spend. For more
information, visit http://www.salary.com/. SLRY-F DATASOURCE:
Salary.com, Inc. CONTACT: Karen Peabody of Salary.com, Inc.,
+1-781-464-7544, , or Bill Keeler or Ross Coyle of Schwartz
Communications, +1-781-684-0770, Web site: http://www.salary.com/
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