Compliance with nationally recognized security standard confirms ContractRoom’s commitment to safeguarding data.
Contract Room, Inc., maker of the world’s smartest Contract Lifecycle Management (CLM) platform, today announced it has successfully completed an audit established by the American Institute of Certified Public Accountants (AICPA) to certify its SOC 2 Type 1 compliance for its CLM software application.
ContractRoom’s SOC 2 Type 1 audit verifies that an independent accounting firm reviewed and tested the company’s internal controls and confirmed that they meet the AICPA’s rigorous requirements for security, availability, processing integrity, and confidentiality.
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ContractRoom’s cloud-based contract lifecycle management solution met the AICPA standard with zero exceptions, the highest security standard set by the organization. It demonstrates ContractRoom is properly protecting client data within our datacenter and information systems.
“This accreditation shows that ContractRoom upholds the highest standards in security for the processes, people and technology powering our services,” said Emil Stefanutti, CEO, ContractRoom. “The critical sensitivity of data contained within the ContractRoom solution requires best-in-class security – our customers depend on it.”
ContractRoom’s Head of Engineering, Cesar Soto, was equally enthusiastic about the achievement in saying “I’m excited about the SOC 2 attestation because it emphasizes how seriously we focus on security, scalability and data integrity. Our customers and their counterparts that are involved in contract negotiations on the application can have the utmost confidence that private information and contracts in particular, will remain safe and secure with ContractRoom.”
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