EZLease, a provider of lease accounting software, announced the completion of its SSAE 18/ Service Organization Control 1 (SOC) Type 2 Audit. With this successful audit, EZLease has demonstrated it has the proper internal controls in place regarding quality, security and availability, enabling a secure and fast path to lease accounting compliance for private, public and government organizations.
The SOC 1 Type 2 audit evaluated several elements of the EZLease software and internal controls, including:
- Quality assurance
- Logical access
- Change and release management
- Backup and recovery
"We're excited to share this important milestone with our customers, given how important quality, security and controls are for every organization," said Colleen Tigges, Senior Vice President and General Manager of EZLease. "Lessees and lessors can focus on getting compliant, while having the confidence they can trust the technology."
"EZLease continues to lead the market with self-service bulk import and modifications, and cost-effective lease accounting with compliance in hours," said Michael Keeler, CEO of EZLease's parent company, LeaseAccelerator. "With this audit, we've confirmed that our customers can rely on EZLease's security and controls with confidence."