OpusCapita, a leading provider of cash management solutions, has received ISAE 3402 Type 2 certification from independent auditor KPMG, for the OpusCapita Cash Management SaaS Solution.
The ISAE 3402 type 2 certification is a recognition of the consistent design processes and controls that directly benefit OpusCapita customers around the world. OpusCapita Cash Management solutions provide in-house banking, bank connectivity, payments, liquidity management, cash flow forecasting, and accounts receivable matching (payment to invoice reconciliation). With a goal of helping organizations see the value of cash management centralization, OpusCapita now feels even more confident in their abilities to provide world-class cash management solutions.
“The true benefit of auditing is not the report. During the process, we have truly changed the ways we manage our security, access controls and documentation regarding audited processes, and I can honestly say that our customers' cash flows have never been this safe!” - Jukka Sallinen, Head of Cash Management Solutions, OpusCapita.
“With the type 2 certification, there is a strong sense of pride in our development and delivery capability especially as it clearly demonstrates the outcome of our efforts to create a platform for growth. As a regional market leader, it’s up to us to drive forward, set aggressive goals and achieve them. Today, I feel like we are living up to our potential and everyone in OpusCapita should feel a sense of achievement.” - Patrik Sallner, CEO, OpusCapita.
About ISAE 3402
The ISAE 3402 standard, is an international recognized auditing standard issued by the International Auditing and Assurance Standards Board (IAASB). A service organization’s auditor’s examination performed in accordance with ISAE No. 3402 (“ISAE 3402 Audit”) is widely accepted, because it represents an in-depth audit of a service organization’s control objectives and activities. These activities often include controls over information technology and related processes.
OpusCapita enables organizations to buy and pay quickly and securely, with a real-time view of their business. Over 3000 customers in over 100 countries use our source-to-pay and cash management solutions to connect, transact and grow. OpusCapita processes over 220 million electronic transactions annually on its Business Network, which includes almost 1 million organizations and over 11,000 financial institutions worldwide. OpusCapita is headquartered in Helsinki, Finland