Millennium Payroll Solutions, LLC

SAS-70 Compliance

Statement on Auditing Standards (SAS) No. 70, Service Organizations, is a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA).  A service auditor's examination performed in accordance with SAS No. 70 ("SAS 70 Audit") is widely recognized, because it represents that a service organization has been through an in-depth audit of their control objectives and control activities, which often include controls over information technology and related processes.  In today's global economy, service organizations or service providers must demonstrate that they have adequate controls and safeguards when they host or process data belonging to their customers.  In addition, the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 make SAS 70 audit reports even more important to the process of reporting on the effectiveness of internal control over financial reporting. 

This examination intensely examines a service bureau’s internal processes, procedures, and controls.  For Millennium, this included an examination of our:  computer controls, data set-up and maintenance, processing controls, payments controls, reconciliation controls, authorization and security controls, and disaster recovery procedures.   This covers almost every aspect of our day-to-day operations in order to ensure that we are handling and managing our client’s data in the most secure and effective manner.  Millennium felt meeting this voluntary standard would provide our clients with an additional measure of confidence with their payroll provider.

Millennium Payroll Solutions, LLC

310 Natural Resources Drive
Little Rock, AR 72205
501-312-1312 (Telephone)
877-512-1312 (Toll-Free)
501.312.9493 (Fax)
877-312-9493 (Toll-Free Fax)