BOSTON--(BUSINESS WIRE)--Global growth expert Radius has received Service Organization Control 2 (SOC 2) accreditation from an independent auditor for its cloud-based software platform, OverseasConnect. SOC 2 accreditation is part of the reporting platform of the American Institute of Certified Public Accountants (AICPA), and it offers independent assurance that a service organization’s practices meet the levels of oversight required for securely processing and storing customer data.
“Our customers rely on OverseasConnect for detailed information about employees, payroll, finances and expenses for their offices around the world,” said Stephen Chipman, CEO of Radius. “This accreditation provides strong third-party validation that we are indeed treating this valuable information securely and with appropriate rigor.”
OverseasConnect is used by finance, legal and human resources personnel to manage global payroll, accounting and expense reporting, providing secure, real-time access to detailed business information for each country of operation. SOC 2 accreditation provides third-party assurance about a provider’s internal controls related to security, availability, processing integrity, confidentiality and privacy.
Additionally, Radius has achieved a clean SOC 1 report for the seventh consecutive year. SOC 1 accreditation, which Radius first received from an independent auditor in 2011, covers an organization’s controls related to financial services. For Radius, this includes the payment and accounting of client employee payroll, expenses and vendor invoices, as well as taxation services, statutory filings and the production of monthly management accounts.
Radius helps companies expand and win globally. Clients from startups to larger multinationals take advantage of Radius’ international accounting, finance, banking, tax, HR, legal and compliance support to simplify their core operations, reduce their risk exposure and improve the management and control of their overseas businesses.
Radius delivers support and expertise through managed services, advisory services and OverseasConnect, our collaborative cloud-based software platform, to create solutions that meet the needs of over 650 clients operating in 110 countries around the world. Headquartered in Boston, MA, with offices in the UK, Brazil, China, India, Japan and Singapore, we are the global growth experts. For more information, please visit www.radiusworldwide.com.