Palette Software Completes SOC 2 Examination

Palette Software AB has completed a Type 2 SOC 2 examination for the Online Cloud Service Operation for the review period from January 1, 2021, to October 31, 2021. The examination was performed by the independent CPA firm Schellman & Company, LLC. By engaging an independent CPA to examine and report on Palette Software’s controls, Palette can respond to meet the needs of user entities and have an objective evaluation of the effectiveness of controls that address operations and compliance. Palette Software has complied with the following SOC reports:

• SOC 2 – Reporting on controls at a service organization relevant to security and availability
• The Trust Services categories that Rillion are evaluated against as part of the SOC 2 examination are of the following categories:
  • Security – Information and systems are protected against unauthorized access, unauthorized disclosure of information, and damage to systems that could compromise the availability, integrity, confidentiality, and privacy of information or systems and affect the entity’s ability to meet its objectives.
  • Availability – Information and systems are available for operation and use to meet the entity’s objectives.

Annual SOC 2 examinations

Palette Software is committed to performing SOC 2 examinations each and every year. Palette Software also completes a GDPR compliance attestation.

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Palette Software AB Soc Audit EMEA Online Cloud Service

Press contacts: Mats Ferm, CEO, Palette Software AB Send email

Kristina Alstermark, CMO, Palette Software AB Send email

Benefits of Palette’s AP Automation solution

Palette’s AP automation solution delivers invoice data capture, an accounts payable approval workflow, automated PO matching, a searchable invoice archive and a complete time-stamped audit trail for investigations. The software reduces invoice processing costs, improves approval cycle times and reduces manual work for accounts payable teams. See more about Palette’s AP Automation in (Danish) English version here

About Palette Software

Palette Software automates the accounts payable process, enabling finance teams to do more, faster, with less. Because we’re AP professionals ourselves, we understand how to give customers everything they need (and nothing they don’t) to do their best work. From data capture and requisitions to invoice matching and approvals, we help finance professionals transform how they manage invoices using best practice built on 25 years of experience in the industry. It’s why over 2,500 companies in more than 50 countries trust Palette Software to help free their people to work on the things that matter most.