PITTSBURGH, PA – January 29, 2018 - Credit Management Company today announced receipt of its Service Organization Controls No. 2 (“SOC 2”) Type II independent service auditor’s report.
This report illustrates the independent validation that Credit Management Company’s internal security controls are in accordance with TSP Section 100, Trust Services Principles and Criteria for Security, Availability, Processing Integrity, Confidentiality, and Privacy (“applicable trust services criteria”) during the period July 1, 2017 through December 31, 2017.
The report, prepared by I.S. Partners, LLC, evaluated Credit Management Company’s system and other relevant aspects of the CMC control environment, risk assessment process, information and communication systems and monitoring controls.
The review process confirmed Credit Management Company’s adherence to the standards established by the American Institute of Certified Public Accountants (AICPA) related to security controls. The AICPA created the SOC 2 guidelines to provide an authoritative benchmark for service organizations to demonstrate implementation of proper control procedures and practices. Type II reports include detailed testing of the operational effectiveness of the described system’s security controls.
SOC 2 compliance ensures the ongoing security of confidential information within CMC’s systems. This also provides a solid foundation and outlook of their view on protecting client and consumer information.
Credit Management Company (CMC)
CMC has been providing full service accounts receivable and collection management programs across several industry segments since 1966. Headquartered in Pittsburgh, Pennsylvania, CMC’s clients reside in the healthcare, government, education, and consumer industry sectors. CMC’s customized outsourcing processes deliver solutions that will accelerate cash flow, lower operating expenses, reduce customer delinquency, and improve customer care and support. All of CMC’s vast client network has benefited from either CMC’s standard or customized outsourcing programs to improve their bottom line.
CMC is proud of the partnerships they have cultivated over the years. Each business relationship is approached in a collaborative style, and always involves listening and responding to client’s needs.
Learn more at CreditManagementCompany.com and the CMC blog.
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Credit Management Company Contact:
Sales Support Manager
Credit Management Company
I.S. Partners, LLC is the first and only firm with the “seal of excellence” that is granted to SOC 2 Type I and II recipients with unqualified audit opinions. The SOC 2 seal is granted in accordance with TSP Section 100, Trust Services Principles, Criteria, and Illustrations for Security, Availability, Processing Integrity, Confidentiality, and Privacy to Type I and Type II recipients with unqualified audit opinions.
I.S. Partners Contact:
Joseph A. DeRose
Vice President of Client Acquisitions