Agile•1 Successfully Completes SAS 70 Type II Audit Of AccelerationVMS Workforce Management Technology
Agile•1, a leading provider of workforce service and software solutions announced recently that it has completed a Type II SAS 70 audit of its AccelerationVMS, Web-based workforce procurement and vendor management software application. Completion of this audit process demonstrates Agile•1's strong commitment to regimented processes and ongoing support of reliable workforce information for customers.
A prominent, global audit firm was engaged to perform a detailed SAS 70 Type II audit of Agile•1 computer controls and invoicing processes, affirming compliance with Section 404 of the Sarbanes-Oxley Act of 2002. In accordance with the standards set forth by the American Institute of Certified Public Accountants, the firm applied tests to Agile•1 process controls and found that the controls were suitably designed to achieve the control objectives.
"Agile•1 is a proven total workforce solutions partner. Our customers depend on us to provide reliable, on-demand information, empowering them to make informed business decisions that impact the bottom line," said Peter Carvalho, chief operating officer, Agile•1. "Our successful completion of the SAS 70 Type II audit is proof of our strategic internal control processes, driven by our ongoing service and value commitment to customers."
Through the AccelerationVMS software, Agile•1 supports the management of workforce activity, including talent procurement, vendor management, worker time and expense tracking and consolidated reporting and invoicing. The provision of refined process controls in these areas is critical to effective workforce management.
The SAS 70 audit examined the control environment, risk assessment activities, control activities, information and communication systems and monitoring activities associated with AccelerationVMS and tested the operating effectiveness of controls set in place for the auditing period of May 1, 2008 through October 31, 2008.
About Agile•1
Built on decades of experience with Fortune 1000 customers and committed relationships with highly respected, global workforce partners, Agile•1 is a proven leader in talent procurement, supplier management, workforce consulting and recruitment process outsourcing solutions. In response to industry needs, Agile•1 service and software solutions are carefully engineered to streamline talent procurement and management processes, reduce employment liability and support business goals. Agile•1 workforce solutions empower people to spend more time focusing on their core competencies, maximizing the value that each new-hire brings to the organization. For more information, visit: www.agile1.com
SOURCE: Agile•1