Today, Trimble clients were given extra assurance after its real estate & workplace solutions division announced that the Trimble Manhattan Integrated Workplace Management System (IWMS) has obtained a Service Organization Control (SOC 1) Type 1 attestation for its Information Technology General Computer Controls (ITGC), as well as various processing components. The independent audit was conducted in the United States. and UK by RSM, a leading accounting firm.
A SOC 1 report is written documentation of the internal controls that are likely to be relevant to an audit of a customer’s financial statements. SOC 1 reports are becoming an essential requirement for organizations looking for financial reporting software solutions.
In order to mitigate the added scrutiny on information produced by the Manhattan IWMS solution, which interfaces to clients financial statements, Trimble went the extra mile. The scope of our SOC 1 Type 1 report not only tested the computer controls inherent to the Manhattan application, but also included the calculations proscribed by FASB/IASB and produced by our Compliance solution.
Clients worldwide are deciding to work with Trimble and our Lease Administration, Accounting and Reporting Software, because we can back-up the functionality required with our industry-leading SaaS, ISO Certification, General Data Protection Regulation (GDPR) compliant solution. Adding the SOC1 Type 1 attestation, inclusive of the compliance calculations will continue to further separate Trimble from the competition, and ensure customers benefit from data confidentiality, system integrity and service availability.
If your organization is seeking a partner to meet your lease compliance needs, we encourage you to give us a call to explore the most robust and secure solution on the market. To arrange a demonstration of our Manhattan IWMS solution for FASB ASC 842/IFRS 16 compliance and beyond or ask a question please contact us.
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