Author Archives: Chris S

Steelwedge Successfully Completes SAS70 Audit

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SAS70 has become the gold standard for the auditing of service organizations,  especially for providers of Software as a Services (SaaS). Steelwedge, the leading provider of Cloud based Sales and Operations Planning (S&OP) Services, has successfully completed the SAS70 Type II audit.

The SAS70 Audit is performed in two steps, each resulting in a report that’s issued by an independent and certified auditor.

The Type I Report describes the control objectives and controls that have been put in pace by the SaaS provider. The auditor renders an opinion on whether these objectives and controls are suitable for the type of operation the SaaA provider is offering. As Steelwedge’s controls and objective have been based on relevant ISO and COBIT guidelines, a positive SAS70 Type I report was easily issued in August 2009.

The Type II Report investigates actual compliance with Type I controls. In the Type II Report, issued to Steelwedge in January 2010, the auditor confirms Steelwedge’s adherence to established and documented industry standard processes. The auditor’s opinion was formed over a five month period through on-site visits, investigations and reviews.

The SAS70 audit offers piece of mind for our customers, knowing that their data is secure with Steelwedge. Our data center, our applications and our processes conform to the highest level of industry standards, and will continue to do so as Steelwedge continues to undergo Type II Audits in regular six month intervals.
Steelwedge customers and prospects alike can rely on the opinion of a certified and independent auditor to ensure compliance with their internal data and security needs. This eliminates the need to conduct individual custom audits, saving both time and money.

Steelwedge’s regular SAS70 Audits do more than simply check the box on the currently popular topic. As the business world evolves and security requirements continue to increase, Steelwedge empowers its customers to stay ahead of the curve.

Also, Business Continuity Planning (BCP) and Disaster Recovery Process (DRP) have increasingly gained significance over the last six to twelve months in the SaaS world. Companies continue to trust Steelwedge with their S&OP needs due to our ability to provide a rapid fail-over solution in the unlikely event of disaster, enabling them to continue to run their business on Steelwedge.

Why there’s never been a better time for S&OP

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“We couldn’t have implemented Steelwedge at a better time”, one of Steelwedge’s (www.steelwedge.com) customers said, that recently went live on the Steelwedge Sales and Operations Planning (S&OP) platform. “Our executives want answers, and they want them yesterday. They want all the possible scenarios, all the data, sliced and diced in many different ways. What often took us days and weeks on varies spreadsheets, we can now accomplish in Steelwedge in a matter of hours, reliably and without the guesswork”.

Surprise is the enemy. Whether you’re still fighting the economic downturn, or already preparing for the upturn, you need visibility and predictability. You need a robust and comprehensive S&OP platform that drives collaboration and supports your relevant business processes effectively and in a repeatable  manner.  What you don’t need is the big price tag of traditional software vendors.  Steelwedge’s OnDemand S&OP platform is delivered as Software-as-a-Service (SaaS), providing proven and sustainable ROI within a few months.

How Steelwedge S&OP Makes a Difference

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make-a-diffWhen Steelwedge customers are being asked what changed since they implemented and started using Steelwedge, the likely answer is: “Before I had a lot of data, too much data – but not enough information, I used to spend all my time on data collection, I did not have time for analysis. Month after month I had to guess at key strategic decisions, both on the demand and the supply side, causing poor financial results on the bottom line.

Today, with Steelwedge we’re able to collect, review and plan all necessary data in one tool. What used to take months now gets accomplished in a matter of hours and days. This allows us to anticipate and quickly react to changing market conditions. As a result we’re able to more accurately forecast, monitor and steer our business.”

Steelwedge enables its customers to do Sales and Operations Planning, effectively overcoming the traditional silos of demand, supply, and finance. The result is truly Integrated Business Planning (IBP) – which will make the difference between hoping to weather the current economic climate and being to survive it or even to capitalize on it.

While time is always of the essence, Steelwedge solutions can be implemented in as little as 2-3 months, long before this recession will finally be over.