certificate audit proofThe vision of a paper-free office is as old as the first IBM PC that fitted onto a regular desk – and ever since then we have been waiting for it. The rules and regulations on the storage of business records, invoices, contracts, documentation for accounts and financial records are partly to blame for this. Time limits legally required for storage vary from a few years up to eternity. Fabasoft Folio is a huge step forward, as audit-proof electronic storage eliminates the costs and space requirements needed for hard-copy storage.

The PricewaterhouseCoopers auditors worked according to a checklist. Some of the most important points, which were naturally found to be without faults, were:

  • Data access. Already in the course of the SAS 70 Type II test, virtual and physical access restrictions were thoroughly checked and found to be sufficient. Client data are safe from prying eyes.
  • Data cannot be amended retroactively.
  • Relevant documents cannot be deleted before the time limit expires –not even by Fabasoft administrators.
  • The trail from paper to electronic storage is sufficently secured.
  • All legal requirements are met.

To read a comprehensive description of the process and purpose of this test in a whitepaper: please click here !