• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » SAS 70 Audit Offers Benefits to 3PLs and Their Customers; Transplace Shows How It Is Done

SAS 70 Audit Offers Benefits to 3PLs and Their Customers; Transplace Shows How It Is Done

January 8, 2010
Jean V. Murphy, SupplyChainBrain

As 3PL and 4PL partnerships have matured and expanded, the types and amounts of information that companies share with their providers has increased.  This greater openness clearly has operational benefits and serves to strengthen partnerships, but it also comes with concerns about data security.

Transplace has directly addressed those concerns by investing in an SAS 70 audit. The Statement on Auditing Standards (SAS) No. 70 is widely recognized and developed for service organizations by the American Institute of Certified Public Accountants (AICPA).  A service auditor's examination performed in accordance with these standards confirms that a service organization has been through an in-depth audit of their control objectives and control activities, which often include controls over information technology and related processes.

Transplace recently completed its third annual SAS 70 audit. "We obtained our first SAS 70 Report in 2008 and understand the importance of continuing these standards for our customers," says Transplace Executive Vice President and Chief Financial Officer Steve Crowther.  He explains that in recent years, Transplace moved to a virtualized server environment, while also enhancing its data center by relocating to a remote location. "As a leading on-demand company, we want to ensure the proper controls remain in place to ensure our customers' data is protected according to the highest of standards," Crowther says. "The success of the SAS 70 Type II audit confirms that controls are aligned and our processes are not only robust, but also efficient."

The Transplace audit was conducted by Weaver (formerly Weaver & Tidwell, L.L.P.), one of the largest certified public accounting firms in the nation.

I don't know the extent to which other third-party providers engage in such audits, but it certainly seems like a good way to give both parties some peace of mind. For the provider, a SAS 70 procedure provides an independent assessment of control policies and procedures that may identify opportunities for improvements. From the customer's perspective, a Service Auditor's Report provides valuable information regarding the effectiveness of their partner's controls - information that often is useful in a firm's own auditing process.

Hats off to Transplace for taking the lead on this best practice!

- Jean V. Murphy, SupplyChainBrain

Comment on This Story

RELATED CONTENT

RELATED VIDEOS

  • Related Articles

    SAS 70 Audit Offers Benefits to 3PLs and Their Customers; Transplace Shows How It Is Done

    SAS 70 Audit Offers Benefits to 3PLs and Their Customers; Transplace Shows How It Is Done

    Compliance Is Not Just About Avoiding Risk. It Is Also About ROI

Jean V. Murphy, SupplyChainBrain

Will Recovery Bring a Different Kind of Pain?

More from this author

Wake up to Coronavirus Updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • Coronavirus-watch-Armada

    Virus Update: Biden Sees Fast Rollout of J&J Vaccine; Astra CEO Defends Delivery Shortfall

    Coronavirus
  • West Coast Port Congestion

    Shippers Need Alternatives to West Coast Port Congestion

    Logistics
  • Mexico

    The Near-Shoring Trend: Will China’s Loss Be Mexico’s Gain?

    Logistics
  • Robotic automation

    Autonomous Supply Chains Are on the Horizon

    Coronavirus
  • Drugmakers

    Research Lays Groundwork for More U.S.-Made Drugs

    Coronavirus

Digital Edition

Scb feb 2021 lg

2021 Supply Chain Management Resource Guide

VIEW THE LATEST ISSUE

Case Studies

  • Remote Implementation: A Dose of the Right Medicine for B2B Pharmacy

  • LSP Saves Customer $1.5 Million a Year With MPO Global Inbound Management

  • Auto Supplier Wows Key Client Using riskmethods Supply Chain Savvy

  • Integrating Shipping and Compliance Saves Conglomerate Millions

  • How a Consumer Goods Giant Upped Its On-Time Delivery Performance

Visit Our Sponsors

6 River Systems ArcBest Armada
aThingz BluJay Burris Logistics
DSC Logistics DCSA (Digital Container Shipping Association) DHL Resilience360
Genpact Geodis GEP
Honeywell Intelligrated Infor Logility
Magnitude Software MPO Old Dominion
Oliver Wight OpenSky Ports America
Purolator QAD Precision Red Classic
Riskmethods Snapfulfil TGW Systems
Transportation Insights Watson Land Company Westfalia Technologies
Workjam Yang Ming  
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2021 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing