Adequate internal controls are in place from a financial perspective
ISAE 3402 SOC 1 is an assurance standard, designed to demonstrate that adequate internal controls are in place from a financial perspective. It supersedes SAS70.
TechnologyOne acquired this standard in 2015 as one that auditors of customers could rely upon, and that allowed us to streamline our operations. This report assists the financial auditors of our customers to determine the robustness of their financial data stored in the TechnologyOne SaaS solution. Existing SaaS Customers of TechnologyOne are entitled to request the ISAE 3402 SOC 1 audit report, to provide to their auditors.
The ISAE3402 SOC 1 report is produced every 6 months and customers can request bridging letters from TechnologyOne to assist with aligning to specific audit periods.
The SOC 1 report and the bridging letter can be requested by any current contracting customer by raising a SOC 1 report request case in the Customer Community.
If you are the registered auditor for a current TechnologyOne customer, please speak with them directly to obtain a copy.