PrimeRevenue Successfully Completes SOC 1, SOC 2 Examinations and Obtains ISO 27001 Certification
By 3 minute read• Published November 10, 2022 •
—Security and Compliance Milestones Mark PrimeRevenue’s Commitment To Customer Data Protection—
Atlanta (November 10, 2022)—PrimeRevenue, the global leader in working capital and B2B payments, today announced several significant security and compliance achievements: successfully completing the SOC 1 and SOC 2 examinations, which are based on standards set by the Association of International Certified Professional Accountants (AICPA); and obtaining ISO 27001 certification, a globally respected and recognized standard for information security management systems.
“At PrimeRevenue, a key differentiator is our commitment to our customers—and fundamental to that commitment are the advanced and sophisticated ways in which we store, process and secure data,” said David Quillian, Chief Legal Officer, PrimeRevenue. “These milestones demonstrate our dedication to the highest standards of security, compliance and integrity across our systems.”
SOC 1 & SOC 2 COMPLIANCE
For SOC 1 and SOC 2 compliance, PrimeRevenue underwent examinations of its business process and security controls against AICPA-defined standards. Both examinations were performed by Schellman & Company, LLC, covering an examination period of September 1, 2021, to August 31, 2022.
ISO 27001 CERTIFICATION
PrimeRevenue’s Information Security Management System (ISMS) is certified under the ISO 27001:2013 framework. This specifies the requirements for establishing, implementing, maintaining, and continually improving an information security management system. Full information on PrimeRevenue’s ISO 27001 certification can be found here.
“ISO 27001:2013 certification reinforces our commitment to customers and partners to protect their information in all forms across all PrimeRevenue platforms,” said PrimeRevenue Chief Information Security Officer, Jay Richardson. “While delivering Supply Chain Financing to the world’s most iconic brands, achieving ISO certification demonstrates our commitment to excellence and ability to deliver innovative solutions while at the same time maintaining the security and compliance requirements our customers require.”
PrimeRevenue’s supply chain finance solutions help organizations in 90+ countries optimize their working capital to efficiently fund strategic initiatives, gain a competitive advantage and strengthen relationships throughout the supply chain. As the leading provider of working capital financial technology solutions, PrimeRevenue’s diverse multi-funder platform processes more than USD 300 billion in payment transactions per year. The company is headquartered in Atlanta, with offices in London, Prague, Hong Kong and Melbourne. Additional information about PrimeRevenue can be found at www.primerevenue.com | Twitter: @primerevenue | LinkedIn: www.linkedin.com/