Miller, Ross & Goldman
Commercial Debt Collection & Legal Services
Global Enterprise Business Unit
Commercial Debt Collection & Legal Services
Global Enterprise Business Unit
For every company that utilizes the services of a commercial debt collection agency, highly sensitive financial data is the lifeblood of important daily operations. Thus, the need for robust security and high-level operational integrity cannot be overstated. Miller, Ross & Goldman stand out and ahead of the competition with its SOC 1 Type II, SOC 2 Type II, and PCI DSS 3rd Party certifications. Let’s unpack what these certifications mean, and why they’re essential for every single company utilizing or considering the services of a trusted commercial debt collection agency, like Miller, Ross & Goldman.
Service Organization Control (SOC) reports, issued by the American Institute of Certified Public Accountants (AICPA), are designed to provide insights into a service organization’s internal control mechanisms.
This important certification deals with internal controls over financial reporting. Unlike the Type I report, which assesses the design of control processes at a specific time, Type II evaluates the operational effectiveness of these controls over a period. For clients of Miller, Ross & Goldman, this means the process for managing financial transactions and reporting is well-designed and consistently applied over time, ensuring accuracy and reliability in financial data handling.
This important certification goes beyond financial controls to include security, availability, processing integrity, confidentiality, and privacy of a company's systems. The Type II report tests the operational effectiveness of these systems over a period. Clients of Miller, Ross & Goldman, can operate with confidence knowing that their collections vendor adheres to stringent standards for safeguarding their data, ensuring that all their sensitive information is well-protected against unauthorized access and breaches.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. As a 3rd Party Certified entity, Miller, Ross & Goldman demonstrates its commitment to maintaining the highest security standards in handling credit card and payment data, a critical aspect of debt collection services.
These certifications mean that Miller, Ross & Goldman has proven, robust systems in place to protect their own, and their client’s sensitive financial and personal data, the ongoing utilization and management of which is a core component of their services.
The SOC 1 Type II and SOC 2 Type II certifications assure Miller, Ross & Goldman clients of the firm’s commitment to operational excellence and consistency, vital for maintaining integrity in financial reporting and data handling.
These certifications serve as an important “trust badge” for all clients, showcasing Miller, Ross & Goldman’s dedication to upholding industry-leading standards in data security and operational efficiency.
By adhering to these rigorous standards, clients of Miller, Ross & Goldman know that their commercial collections vendor aligns with key regulatory requirements, mitigating risks associated with data breaches and non-compliance.
In a market where trust truly is key, these certifications further position Miller, Ross & Goldman as an industry leader, distinctly equipped to handle the complexities of modern commercial debt collection for all their clients.
For businesses seeking a reliable and secure commercial debt collection agency, Miller, Ross & Goldman’s SOC 1 Type II, SOC 2 Type II, and PCI DSS certifications are a beacon of trust and reliability. These certifications are not mere formalities; they indicate the firm's unwavering commitment to maintaining the highest standards in data security and operational excellence. In choosing Miller, Ross & Goldman, businesses can rest assured that their data is in safe hands, managed with utmost professionalism and security. Contact us today to learn more, or assign your accounts to us to get started.
