Sidetrade reaches new heights in information security with SOC 1® and SOC 2® Type 2 attestations, and ISO 27001 certification renewal
09 Januar 2025 - 4:16PM
UK Regulatory
Sidetrade reaches new heights in information security with SOC 1®
and SOC 2® Type 2 attestations, and ISO 27001 certification renewal
Sidetrade, the global
leader in AI-powered Order-to-Cash applications, has advanced to
SOC 1® Type 2 and SOC 2® Type 2 assurance
reports and successfully renewed its ISO 27001:2022 certification
for the fifth consecutive year.
Building on its achievement of SOC
1® Type 1 and SOC
2® Type 1 assurance first obtained in
January 2024, this milestone reflects a significant improvement and
demonstrates Sidetrade’s dedication to consistently improving its
security and operational practices.
Laurent Pontier, Sidetrade’s CTO Chief
of Staff, commented: “We are extremely proud of our
strong commitment to information security, assurance and
operational excellence at Sidetrade. These achievements have become
a defining advantage in the financial software landscape,
particularly in the Order-to-Cash process, where secure and
efficient management of financial workflows is critical.
“SOC 1® Type 2 and SOC
2® Type 2 assurance reports are of particular relevance
to our clients in North America, those operating in regulated
sectors, and businesses prioritizing data security. These
attestations and certifications provide assurance to our customers
and partners worldwide that we adhere to international best
practices in security, reliability, and compliance, and
consistently strive to surpass them with the utmost rigor year
after year."
The SOC (System and Organization Controls)
reporting process provides an industry benchmark for evaluating the
security, reliability, and effectiveness of third-party service
providers. SOC 1® (ISAE 3402) focuses on the
financial reporting aspects of Sidetrade’s solutions, validating
the controls’ effectiveness that support accurate and secure
financial operations. In contrast, SOC 2® (ISAE
3000) addresses the broader security framework across the entire
organization.
The advancement from Type 1 to Type 2
attestations demonstrates that Sidetrade not only has designed
controls that comply with the most stringent international
information security standards at a specific point in time, but
also that they are operationally effective and consistently
implemented over an extended period. This progression
underscores Sidetrade’s proactive efforts to stay ahead of evolving
assurance and security challenges, reinforcing its position as a
trusted partner for organizations.
Additionally, Sidetrade has successfully renewed
its ISO 27001:2022 certification for the fifth consecutive year
since 2019. Issued by EY CertifyPoint, the internationally
recognized certification sets the benchmark for secure information
management, providing a comprehensive framework to protect data,
mitigate security risks, and ensure organizations uphold
international best practices. By achieving ISO 27001:2022
certification once again, Sidetrade reaffirms its dedication to
information security, assuring customers that its data protection
practices not only meet global standards but are also continually
reviewed and improved to address emerging threats.
Find out more about Sidetrade’s commitment to
effective governance and Corporate Social Responsibility here.
Media
relations @Sidetrade
Becca
Parlby
00 44 7824 5055 84
bparlby@sidetrade.com
About
Sidetrade
(www.sidetrade.com)
Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform
designed to revolutionize how cash flow is secured and accelerated.
Leveraging its next-generation AI, nicknamed Aimie, Sidetrade
analyzes $6.1 trillion worth of B2B payment transactions daily in
its Cloud, thereby anticipating customer payment behavior and the
attrition risk of more than 38 million buyers worldwide. Aimie
recommends the best operational strategies, dematerializes and
intelligently automates Order-to-Cash processes to enhance
productivity, results and working capital across
organizations.
Sidetrade has a global reach, with 400+ talented employees based in
Europe, the United States and Canada, serving global businesses in
more than 85 countries. Amongst them: Bidcorp, Biffa, Bunzl, Engie,
Expedia, Inmarsat, KPMG, Lafarge, Manpower, Opentext, Page,
Randstad, Saint-Gobain, Securitas, Sodexo, Tech Data, UGI, and
Veolia.
Sidetrade is a participant of the United Nations Global Compact,
adhering to its principles-based approach to responsible
business.
For further
information, visit us at www.sidetrade.com and follow @Aimie on
LinkedIn.
In the event of any discrepancy between the French and English
versions of this press release, only the English version is to be
taken into account.
- Sidetrade reaches new heights in information security with SOC
1® and SOC 2® Type 2 attestations, and ISO 27001 certification
renewal
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