Recurly Subscription Billing Service Achieves SAS 70/SSAE 16 Compliance
Independent Auditors Validate That Recurly’s Billing Service Infrastructure and Controls Meet the Highest Standards of Trust for Customers.
April 09, 2013 – San Francisco, CA—Recurly, Inc. (www.recurly.com), the leading pay-as-you-go subscription billing service provider, today announced that it has achieved audited compliance for SAS 70 (Statement on Auditing Standards No. 70) and SSAE 16 (Statement on Standards for Attestation Engagements No. 16). Recurly’s audit results verify that it exceeds a high standard for controls around change management, data integrity access controls, data backups and physical security in its organization.
This examination, performed by Burr Pilger Mayer, Inc., a Bay Area CPA firm experienced in service organization control (SOC) examinations, included controls over system changes, logical access, backup and protection of data, problem and incident management, protection of confidential information and physical security.
“This certification and review process is required by our customers who trade publicly, yet all of our customers can be assured that our internal infrastructure and processes meet the highest industry and auditing standards,” said Dan Burkhart, CEO of Recurly. “This accreditation validates that Recurly’s infrastructure and operating procedures exceed the high standards that our customers require to ensure data quality and mitigate risk.”
Recurly helps subscription-based businesses eliminate the cost, complexity and overhead required to build and scale recurring billing operations. Recurly provides an easily integrated, cost-effective and PCI compliant billing platform. Recurly’s service automates many of the complexities involved with subscription billing management, such as customer upgrades and downgrades, credit card errors and declines, automated customer communications, and customer retention management. Recurly now powers billing for over 1400 companies, including Adobe, LinkedIn, Groupon, Salesforce, Vocus, Brightcove and others.
Recurly, Inc. provides enterprise-class recurring billing management for thousands of subscription-based SaaS, Web 2.0, Mobile, content and publishing businesses worldwide. Businesses like Groupon, Salesforce, JibJab Media, Hubspot, GOOD.is, LinkedIn and Zillow depend on Recurly’s ability to deliver recurring billing automation. Since it’s launch in January of 2010, Recurly has deployed subscription billing for companies throughout North America and the European Union. Recurly, Inc. is PCI-DSS Level 1, SAS 70 / SSAE 16 Compliant, and operates in compliance with the data protection practices outlined in the E.U. Safe Harbor agreement found at http://www.export.gov/safeharbor. Recurly can be found at https://recurly.com.