Vertex, Inc., a provider of tax technology solutions and services, has 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 on Trust 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 CPAs website for more details on SOC 2 compliance.
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