Agile-1 Completes Annual SAS 70 Type II Audit - Insurance News | InsuranceNewsNet

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December 30, 2010 Newswires
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Agile-1 Completes Annual SAS 70 Type II Audit

TORRANCE, Calif., Dec. 30, 2010 /PRNewswire/ -- Agile-1 announced its SAS 70 Type II audit for 2010 resulted in an unqualified report, with no findings identified. Annual completion of a SAS 70 Type II audit demonstrates Agile-1's ongoing commitment to ensuring the integrity of its workforce procurement and vendor management solution.

SAS 70 Type II audits examine computer controls, regimented processes, and invoicing procedures to evaluate compliance with Section 404 of the Sarbanes-Oxley Act of 2002. Agile-1 engaged a prominent, global auditing firm to assess the control environment, risk management measures, process flows, communication system, and monitoring of Agile-1's Acceleration VMS application in order to test effectiveness of operating controls in place between November 1, 2009 and October 31, 2010. Following the American Institute of Certified Public Accountants standards, the firm concluded that for every control objective, Agile-1's control measures were suitably designed to achieve control objectives and found no discrepancies.

Since initiating annual SAS 70 Type II audits, Agile-1 has consistently received unqualified or clean reports. "Receiving an unqualified report from a qualified third-party is one way Agile-1 looks to ensure our clients are receiving the most reliable solutions for managing their workforce enterprise-wide," said Peter Carvalho, President, Agile-1. "Strict adherence to regulations, processes, and time-honored best practices helps set Agile-1 apart—but the true differentiator remains our commitment to delivering the very best in client service, which drives all the regimented internal control processes Agile-1 has in place."

Agile-1 enables organizations to facilitate management of their workforce activity through its Acceleration VMS application for talent procurement, vendor and project management, and worker time and expense tracking with consolidated reporting and invoicing. Agile-1 believes refined process controls in these areas are critical to effective workforce management.

About Agile-1

Agile-1 combines innovative labor acquisition and management programs with a suite of web-based tools to create global workforce solutions. As the consultative flagship for the ACT-1 Group, Agile-1 has more than 40 years experience serving Fortune 1000 and public sector agencies across diverse business landscapes. Through partnerships with more than 2,000 distinguished supplier partners worldwide, proprietary processes and technologies, leading-edge workforce intelligence, consulting services, and an unwavering commitment to client service, Agile-1 has emerged a leading provider of total workforce solutions organizations truly value. www.agile-1.com

SOURCE Agile-1

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