ACL Reaches Milestone with "FedRAMP In Process" Moderate Designation

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Oct 16, 2018, 09:00 ET

Leading SaaS provider advances in authorization process for enterprise governance Cloud Service Offering

VANCOUVER, British Columbia, Oct. 16, 2018 /PRNewswire/ -- ACL the software provider for smarter governance, risk, and compliance (GRC) management today announced that its GRC platform has been designated "FedRAMP In Process," working towards achieving Agency Authority to Operate (ATO) of a Moderate security level through the Federal Risk and Authorization Management Program's Program Management Office (FedRAMP PMO).

FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. It enables agencies to rapidly adapt to mission-enabling, secure, and cost-effective cloud-based IT. The "FedRAMP In Process" designation demonstrates an Agency's plan to grant an ATO that meets the FedRAMP requirements in the coming months. This authorization acknowledges the security of ACL's SaaS solutions, which will continue to ensure transparency and program oversight in federal agencies, while reducing improper payments and streamlining audits to the government.

"With increasing risks, improper payments, and cyber-attacks, the federal government and its agencies should—now more than ever—be on the lookout for secure, automated, and cloud-based information products and services," said Keith Cerny, chief technology officer at ACL. "With this FedRAMP status, government agencies can adopt our GRC solution with confidence. It will help them to effectively monitor and manage risks, streamline audits, and strengthen overall governance so they can focus on their agencies' work."

Over 7,000 organizations and more than 200 national government agencies worldwide have turned to ACL to support their audit, risk management, internal control monitoring, and compliance requirements. The company is committed to providing best-in-class governance solutions, powered by data automation, to help agencies strengthen integrated governance activities.

A recent Forrester Total Economic Impact study showed a 702% return on investment for a government organization from the implementation of ACL's platform. The organization was able to proactively monitor and manage enterprise risks with the ability to flag oversight vendors, employee errors, and provide management oversight of statewide activities. ACL's automation and continuous monitoring led to 100% coverage of P-card transactions, removing manual work, and standardizing processes for HR compliance management for the organization.

For more information, please visit the FedRAMP Marketplace: https://marketplace.fedramp.gov/#/products.

Supporting Resources:

For the latest news and best practices in enterprise governance for audit, finance, accounting, IT security, risk management, and compliance, visit: www.acl.com/blog
ACL GRC: https://www.acl.com/products/acl-grc/
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About ACL:

ACL delivers software solutions that are transforming audit, compliance, and risk management to give organizations unprecedented control over their business. www.acl.com

SOURCE ACL