Teamwork Commerce Becomes SOC 2 Compliant

Florida, US – July 2nd, 2024: In May of 2023, Teamwork Commerce, a global retail management software provider, attained SOC 2 Type 1 compliance. Now, Teamwork Commerce has achieved SOC 2 Type 2 compliance as well, for all Teamwork Commerce Premier Edition customers. These accreditations serve as benchmarks for a company’s ability to safeguard its clients’ data.

About SOC 2 Compliance: In the U.S., and growing worldwide, the SOC 2 (Service Organization Controls, Level 2) is a highly regarded and trusted report due to the in-depth third-party scrutiny applied by outside auditors against many processes used across our company involving Human Resources, Marketing, Infrastructure, Security, and including Service and Development that help to ensure Confidentiality, Integrity, and Availability of our Premier Edition clients to their data.

SSAE (Statement on Standards for Attestation Engagements) No. 21 System and Service Organization Controls (SOC) is a set of standards developed by the American Institute of Certified Public Accountants (AICPA). The compliance audits are performed by an independent third-party service auditor. SOC 2 compliance is a rigorous process that involves a comprehensive evaluation and testing of a company’s policies, procedures, and safeguards related to data security, availability, and confidentiality.

Teamwork Commerce customers are already benefiting from the comprehensive security measures implemented during the compliance process. SOC 2 compliance proves that a company adheres to best practices concerning data security, availability, and confidentiality and that it represents these practices fairly. SOC 2 compliance is an indication that a company prioritizes data security and has implemented appropriate safeguards.

Tom Godfrey, VP of Technical Services at Teamwork Commerce, says: “At Teamwork Commerce, we recognize the significance of data security for retailers, particularly in today’s context where cyber-attacks and data breaches are becoming increasingly common.

“When it comes to customer data as well as server and application access, Teamwork Commerce ensures that security, availability, and confidentiality are built into our product and processes. Our recent SOC 2 readiness program confirms it. We are committed to enhancing our platform and processes to provide exceptional customer service.”

Future Commitment: Teamwork Commerce is also working towards achieving ISO 27001 certification. This international standard similarly provides a framework for information security management systems and requires a comprehensive approach to risk management and data protection.

About Teamwork Commerce: Teamwork Commerce is a leading Omnichannel Solution, providing retailers with Point-of-Sale, Order Management, Inventory Control, CRM, and Analytics. They also boast an ecosystem of integrations with top solutions making unified commerce a seamless activity. Serving top retailers in over 20 countries globally including Moose Knuckles, Colorado Rockies, Asics, Milwaukee Bucks, Catbird, and Paul Stuart. Learn more at www.teamworkcommerce.com.