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AUSTIN, Texas -- Austin-based PerformanceRetail, a provider of Web-based merchandising and store operations software for the retail industry, has received third-party assurance under Statement of Auditing Standards No. 70 (SAS 70) for the effectiveness of controls and processes associated with PerformanceRetail's hosted retail software services.
With this certification, customers of PerformanceRetail's hosted retail software services are assured greater levels of reliability, availability and security, the company said.
The SAS 70 certification is an internationally recognized standard developed by the American Institute of Certified Public Accountants. This certification means that PerformanceRetail has implemented controls and processes relating to security measures, application development and maintenance, data communications, customer service and disaster planning that are suitably designed to enable effective hosting and exchange of corporate data and financial information for the company's enterprise retail customers.
Having their data center and Web-hosting services suppliers achieve SAS 70 certification is a key requirement for retailers with high security and confidentiality requirements, said the company.