#Germany #Munich #Compliance #Security #Syncron

Syncron's Automated Compliance Audits

In a groundbreaking advancement for the service lifecycle management industry, Syncron, a leader in intelligent service lifecycle management (SLM), has successfully automated its compliance audit process. This innovative step not only enhances operational efficiency but also adheres to the highest security standards, addressing the needs of its clients who increasingly demand proof of security through recognized certifications.

The Push for Efficiency and Security

On December 11, 2024, in Munich, Syncron announced its latest initiative to streamline compliance audits. With around 68% of its clients seeking certification verification, the company recognized the importance of reinforcing trust through automated compliance processes. This initiative allows Syncron to conduct compliance audits in a fraction of the time previously required, significantly increasing cost efficiency.

The newly implemented process has seen compliance checks completed in just two weeks, a substantial improvement over the prior three-month timeframe. This acceleration is attributed to Syncron's partnership with a leading audit provider, which has streamlined and centralized their compliance processes, eliminating regional fragmentation and inefficiencies.

Safety in Compliance: Achievements and Certifications

Syncron's commitment to operational excellence is evident through its rigorous adherence to multiple industry standards. The company successfully obtained certifications such as SoC1, SoC2, and ISO, proving its dedication to maintaining high safety standards in financial and IT processes. Importantly, the recent audits showcased zero findings, affirming the robustness of Syncron’s compliance framework.

Additionally, the costs associated with certifications have been reduced by nearly 50% compared to previous years, with the company simultaneously tripling its audit efficiency. The utilization of automated solutions has replaced traditional manual processes, resulting in faster and more precise compliance evaluations.

Future-Proofing Compliance with Trust Centers and FedRAMP

Syncron's vision extends beyond present-day efficiencies. In 2025, the establishment of a Trust Center will further enhance client transparency regarding compliance statuses. This initiative is complemented by preliminary compliance analyses of FedRAMP (Federal Risk and Authorization Management Program), aiming to provide a standardized approach to the security assessment and ongoing supervision of cloud services.

The commitment to remaining at the forefront of compliance extends to preparing for TISAX certification, which is becoming increasingly critical in the German automotive sector. TISAX focuses on information security, privacy protection, and data security, ensuring that Syncron meets the stringent requirements of automotive industry partners.

The Secret to Success: Central Control Libraries

Central to the success of Syncron's streamlined processes is the establishment of a central control library. This innovative framework integrates various regulatory requirements, which aids in avoiding redundant work. By implementing a system capable of answering compliance-related inquiries automatically, Syncron has further reduced time-consuming manual tasks.

Alex Korotkov, Chief Information Security Officer at Syncron, emphasized the importance of certification as a testament to the trust clients place in their handling of critical corporate data. The reuse of data and authoritative sources minimizes inconsistencies and errors, thus enriching the overall compliance process.

As Syncron continues to refine its automated compliance audit processes, the goal is clear: to exceed client expectations while simultaneously elevating the standards of efficiency and trust in service lifecycle management.

Conclusion: A Bright Future

In conclusion, Syncron is setting new benchmarks for compliance efficiency and security. By leveraging advanced technologies and innovative auditing practices, the company is not only safeguarding client interests but is also ensuring its position as a leader in the service lifecycle management market. With a strong focus on enhancing customer satisfaction through transparency and reliability, Syncron is poised for a successful future in an increasingly complex regulatory landscape.