We also assist the service providers (vendors providing ITO / BPO and KPO services) in achieving the compliance objectives necessary to meet the client’s Internal Audit and Contractual requirements, Due-Diligence audits, Sarbanes-Oxley and related audits.
We can be of immense help to promote your organization’s control environment while working with your IT, Security and Business teams and prepare you ahead of a critical client audit, prospect visits etc.
PAG when works for a service organization, either in the Management consulting, or in the professional advisory role, provides an additional assurance to your clients and prospects.
When needed we can be your voice, supporting your existing control environment and explain the client management and their auditors about strengths, point out compensating controls in your environment.
It’s a good idea to have a qualified audit firm on your side protecting your interests and showcasing your control environment to your clients and prospects.
Our other services to vendor organizations include the following. In most of these situations we assist vendor management with the following services:
Preparation for Client /Prospect’s Due-Diligence visits
Responding to Client Audit Issues / Observations
Conducting Control Self Assessments
SSAE 16 (SOC 1, SOC 2, SOC 3) readiness reviews / Act as a Management Representatives
Compliance activities related to Client’s SOX and Privacy concerns