AMERESCO AXIS® Invoice Management Service
Receives SAS 70 Type II Certification
Rating is the Gold Standard for Operating Procedures and Effectiveness
September 21, 2010 12:07 PM Eastern Daylight Time
FRAMINGHAM, Mass.--(EON: Enhanced Online News)--Ameresco, Inc. (NYSE:AMRC), a leading provider of
comprehensive energy management and data technology services, announced today that the company’s
AMERESCO AXIS Invoice Management business has received SAS 70 Type II Certification after an independent
audit of internal practices determined the effectiveness and efficiency of company operations, reliability of financial
reporting, and compliance with laws and regulations.
SAS 70 Type II Certification is awarded to service organizations that have been through a rigorous audit process,
and it is used primarily as an authoritative guide. This certification is an important attribute in order for users of the
AMERESCO AXIS service to help demonstrate the effectiveness of their internal processes.
“We are proud our organization has achieved this exacting certification,” stated Mark Feichtner, vice president,
Ameresco. “The certification confirms what our customers already know; Ameresco delivers a suite of services that
are the highest quality available in support of their business. For instance, the SAS 70 Type II audit confirmed that
AMERESCO AXIS’ automated data capture rate was 99%; significantly more effective than the manual data entry
services some other data invoice businesses utilize and that introduce errors.”
There are two levels of SAS certification and Type II represents the highest, most stringent level. Type I certification
requires a review of practices and policies within an organization, while Type II requires actual testing and
verification that certain practices, policies and procedures are being followed. AMERESCO AXIS is now certified
in Type II. It is also certified in SAS Type I, and has been since October 31, 2009.
The AMERESCO AXIS invoice management system provides