The world-leader in time and expense tracking software, Replicon, Inc., has announced that Replicon Hosted Web TimeSheet has passed a Statement of Auditing Standards (SAS) No. 70 Type 2 audit. Passing the audit, independently conducted by SAS 70 Solutions, Inc., establishes that Replicon's control objectives and activities meet the conditions of the audit for the standards and safeguards of Replicon Hosted Web TimeSheet.
As a way to confirm that their customers were getting the highest quality product available for their needs Replicon sought this audit.
Implementing a time and expense tracking solution, such as Web TimeSheet, obliges employees to account for their time, leading to less time wasted. The need to purchase, build, maintain, and secure complex servers and database systems, is eliminated by using replicon Hosted Web TimeSheet, this saving your organization thousands of dollars on software, hardware, and staffing. To provide assurance to customers that Replicon Hosted Web TimeSheet is stored on secure servers, in a secure environment, and that there are procedures in place to maintain that security, Replicon participated in the audit.
The auditor, as a result of the SAS 70 Type 2 Audit on Replicon Hosted Web TimeSheet, concluded that, "the controls, as described, are suitably designed to provide reasonable assurance that the specified control objectives would be achieved," and the data they stored by Replicon Servers and the servers, are secure and reliable. To suit their needs, Replicon is committed to providing customers with the best possible product. With over 6700 customers in 60 countries, Replicon, focusing on innovative yet simple software solutions, has become the dominant player in time and expense tracking software. Customers who choose to use the Replicon Hosted Web TimeSheet now have added assurance that their data is safe from unauthorized modifications, unauthorized access, and environmental threats such as fire or flood.