PrismHR Achieves SOC 2 Type 2 Compliance
Company Meets Rigorous Security and Availability Standards
Hopkinton, MA — February 19, 2019 — PrismHR, the leading HR software platform for human resource outsourcing (HRO) service providers, today announced that it has successfully completed a Service Organization Control (SOC) 2 Type 2 examination.
The audit confirms the effectiveness of PrismHR’s controls and demonstrates the company’s commitment to maintaining stringent processes for protecting the security of confidential information. Wolf & Company conducted the audit, confirming that PrismHR has met the standards established by the American Institute of Certified Public Accountants (AICPA), and found that the company meets the SOC 2 Type 2 standards for the Security and Availability Trust Services Principles.
“PrismHR handles payroll and benefits for more than 2 million worksite employees, so we take the security and availability of the platform very seriously” said Lonnie Colman, Chief Information Officer and Executive Vice President, Product Delivery at PrismHR. “It’s critical that our customers and their worksite employees are confident in our ability to protect sensitive information, and the results of the rigorous SOC 2 Type 2 audit underscore the commitment we have to security.”
SOC 2 Type 2 compliance indicates that a company is following best practices for information security and has proven its ability to keep its clients’ sensitive data secure. The compliance ensures that PrismHR customers can safely deliver HR services using the company’s HR Cloud software without worrying about security concerns or risks for themselves, their clients, or worksite employees.
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. For more information, visit prismhrstaging.wpengine.com.