Internet Payment Exchange Successfully Completes SAS 70 II Audit to Review Security Processes
Date: Thu, Oct 22nd, 2009 9:09:01 amSummary:
Internet Payment Exchange, Inc. (IPayX) is pleased to announce the passing of the rigorous SAS 70 Audit process. SAS 70 (Statement on Auditing Standards No. 70) Type II is an internationally recognized auditing standard utilized by service organizations to demonstrate to clients their internal data controls and security practices. IPayX’s independent SAS 70 Audit was conducted by Plante & Moran, PLLC, a public accounting and consulting firm well-regarded in the field for its experience and credibility.
Content:
CONTACT: Amanda Cichocki
Media contact for Internet Payment Exchange
419-255-1969
Internet Payment Exchange Successfully Completes SAS 70 II Audit to Review Security Processes
TOLEDO, Ohio, Oct. 2, 2009 – Internet Payment Exchange (IPayX) (www.ipayx.com), a provider of electronic billing and payment (EBP) technology and customer service solutions to healthcare providers, utility companies, municipal governments and other organizations, conducted a Statement on Auditing Standard 70 (SAS 70) Type II audit to further enhance the security and integrity of its business processes.
Developed and maintained by the American Institute of Certified Public Accountants (AICPA), the SAS 70 II involves a professional standards assessment of the internal controls of a service organization by an independent service auditor. The results of the assessment demonstrate that the organization has been thoroughly evaluated and deemed to have satisfactory controls either when hosting specific information or processing information such as our clients sensitive customer information.
“We decided to conduct a SAS 70 II audit to provide our clients with additional information on the effectiveness of our internal controls and security safeguards,” said Douglas Braun, president and CEO of IPayX. “By taking precautions such as becoming Level 1 PCI DSS certified, IPayX is able to provide its customers with the highest level of integrity for their electronic billing and payment services.”
About Internet Payment Exchange (IPayX)
Founded in 1999, Toledo, Ohio-based Internet Payment Exchange (IPayX) provides electronic billing and payment (EBP) technology solutions to healthcare providers, utility companies, municipal governments and other organizations. IPayX’s economical Software as a Service (SaaS) solutions include eCareview Healthcare Billing PortalSM, eHealthPay ServiceSM, eInvoice Delivery Service© and eInvoice Delivery Service – B2B Edition©. For more information on IPayX, visit www.ipayx.com.