article thumbnail

Preparing for Third-Party Audits: Best Practices for Success

Scytale

A third-party audit is an assessment of a company’s internal controls, security practices, or compliance processes conducted by an independent auditing firm. The SOC 2 Bible Everything you need to know about compliance Download the Whitepaper Why Do Companies Need Third-Party Audits?

article thumbnail

Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Regulatory Compliance. Minimum usage surcharge.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Ensure Smooth Sailing Through Rough Waters: Overcoming Challenges in Monetization Framework Implementation

Blulogix

Regulatory Compliance: Navigating the ever-changing landscape of regulatory requirements can complicate the implementation process, especially for businesses operating across multiple jurisdictions. Educating and Supporting Customers: Implement a comprehensive customer communication strategy to educate your customers about the changes.

article thumbnail

Lessons From the Sisense Breach: Security Essentials Companies Can’t Afford to Forget

Scytale

The SOC 2 Bible Everything you need to know about compliance Download the Whitepaper Overview of the Sisense Data Breach The Sisense breach has raised significant cybersecurity concerns, prompting the involvement of the US Cybersecurity and Infrastructure Security Agency (CISA). Staff education is critical.

article thumbnail

Vertical SaaS vs Horizontal SaaS: 8 Differences and Similarities

Stax

Vertical SaaS solutions are tailored for specific industries, addressing niche needs with in-depth customization and compliance with industry standards. Some examples of niches targeted by vertical SaaS providers include healthcare, eCommerce, finance, and education. healthcare, finance, education. What is Vertical SaaS?

article thumbnail

The Top 10 Important Finance Mistakes First Time Founders Make

SaaStr

With “bookings-based” executives I’ve learned there’s little value in creating a pretty financial slide deck summing up the month, when what’s more important is an education and shift from doing business in “cash-based” to “accrual-based” accounting terms. Mistake #9: Don’t forget about compliance. Compliance can be complicated.

Finance 323
article thumbnail

Top CISOs to Follow in 2024: Germany Edition

Scytale

CISOs face a challenging landscape with emerging technologies, security and privacy compliance, and an increasing number of cyberattacks targeting businesses. This includes compliance with regulations like the GDPR. Promoting security awareness and education. The CISO cultivates a culture where security is a priority.