Mountain View, CA and Heidelberg, Germany- Everest Systems, the provider of AI-powered ERP solutions tailored for SaaS companies, has successfully completed its SOC 2 Type 2 examination, demonstrating the company's ongoing commitment to data security and privacy for its growing customer base.
Why SOC 2 Matters for Everest Customers
For SaaS companies utilizing Everest's ERP solution, this certification carries particular significance. ERP systems house an organization's most sensitive financial data, operational information, customer records and proprietary business processes. The independent SOC 2 Type 2 compliance examination not just helps customers with meeting their own compliance efforts and requirements. SOC2 Type 2 report also provides assurance that Everest Systems has established and consistently maintains industry-standard security practices to manage security risks and protect the security, confidentiality and availability of our customer’s mission-critical data.
"Our customers trust us with their most critical business data, and achieving SOC 2 Type 2 compliance reinforces our commitment to maintaining that trust," said Franz Faerber, Co-CEO Everest Systems. "As a financial system of record for SaaS companies, we understand that security isn't just a feature; it's foundational to everything we do."
Commitment to Security Excellence
This achievement represents a milestone in Everest Systems' ongoing security journey.
Holger Mack, formerly Head of Databases Security during his 20-year tenure at SAP, now serves as the Security Lead at Everest Systems.
With Everest, he emphasized that “the independent SOC2 Type 2 audit is a confirmation for the Everest team and proof-point for our customers of the effectiveness of the comprehensive Everest security approach. At Everest we are continuously working on developing and enhancing our security practices so that customers can trust Everest and concentrate on the business value of the Everest ERP solutions.”
Understanding SOC 2 Compliance
SOC 2 (System and Organization Controls 2) is a rigorous auditing procedure developed by the American Institute of Certified Public Accountants (AICPA) that evaluates how service organizations manage customer data. SOC 2 Type 2 is a comprehensive examination, assessing both the design and operational effectiveness of security controls over an extended period. This certification focuses on the trust service criteria: security, availability and confidentiality.
About Everest Systems
Everest Systems provides an AI-powered ERP solution specifically designed for SaaS companies. The Everest ERP platform offers a complete and integrated system for managing financial and business operations, featuring unified order to cash to GL, revenue SSP allocation & revenue recognition, mirrored CRM product catalog, multi-entity/multi-currency spend management, cloud cost management, and more.
Founded by a team of ERP technology and financial systems experts and backed by leading investors including Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures and D1 Capital - Everest Systems is transforming how SaaS companies manage their financial and operational processes.
Media Contact:
Stephanie Manne- stephanie.manne@everest-systems.com