SilverBills achieves SOC 2 Type 2 Compliance

SilverBills announced today that it has achieved SOC 2 Type 2 compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18.

NEW YORK, NY, February 17, 2023 /24-7PressRelease/ — SilverBills announced today that it has achieved SOC 2 Type 2 compliance in accordance with the American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations also known as SSAE 18. Achieving this standard with an unqualified opinion serves as third-party industry validation that SilverBills provides enterprise-level security for customers’ data secured in the SilverBills’ system.

SilverBills has also achieved HIPAA compliance in accordance with AT-C 315, with criteria established by the American Institute of Certified Public Accountants.

SilverBills provides a comprehensive bill payment and budgeting service to clients throughout the United States.

SilverBills was audited by Prescient Assurance , a leader in security and compliance attestation for B2B, SAAS companies worldwide. Prescient Assurance is a registered public accounting firm in the U.S. and Canada and provides risk management and assurance services which include SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR. For more information about Prescient Assurance, you may reach out to them at info@prescientassurance.com.

An unqualified opinion on a SOC 2 Type 2 + HIPAA audit report demonstrates to SilverBills’ current and future customers that the company manages data in accordance with the highest standards of security and compliance.

“SOC 2 Type II compliance marks an important milestone for SilverBills and gives our customers further reassurance that their data is safe and protected,” said Vlad Mangeym, CTO of SilverBills.

SilverBills has developed a proprietary bill management software solution that helps clients manage their bills. SilverBills receives, scrutinizes, stores and ensures payment of household bills. Keeping current with bills can be challenging and mistakes can lead to dire consequences such as termination of benefits, like insurance, and financial exploitation. Every client is paired with a dedicated Account Manager, and no computer use is necessary to benefit from our services. SilverBills’ partners include the New York City Department for the Aging and Care.com.