Los Angeles, CA— Caine & Weiner is proud to announce that the company has successfully completed the 2020 Service Organizations Control 1 Type 2 Audit (SOC 1 Type 2). This audit was conducted by CompVisory using the control objectives established by The American Institute of Certified Public Accountants (AICPA). Companies who successfully complete this audit can proudly display the blue AICPA/SOC seal.

Caine & Weiner’s Audit reports on the controls placed in operation and tests of the operating effectiveness for the receivables and collections processing system.

Caine & Weiner, in fulfilling the requirements to achieve the 2020 SOC 1 Type 2 status, continues to prove why we have been a leader in the accounts receivable management industry since 1930. Our clients rely on our best-in-class Receivables-to-Cash solutions to maximize their recoveries.

The AICPA, founded in 1887, established accountancy as a profession. The AICPA’s SOC for Service Organizations provides information to service organizations on building trust and confidence in their systems. The Type 2 Report reports on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design and operating effectiveness of the controls to achieve the related control objectives.

Caine & Weiner (www.caine-weiner.com) is celebrating 90 years of continuous service as a global provider of highly effective and results-oriented 1st and 3rd party commercial and consumer accounts receivable management services in support of the Receivables-to-Cash Cycle. To serve the domestic market, the global Los Angeles-based enterprise maintains a network of five full-service call centers strategically located throughout the U.S. Through their valued best-in-class international relationships, Caine & Weiner has established an international presence in over 90 countries.

Caine & Weiner has supported U.S. and global commerce in Receivables-to-Cash management since their beginning in 1930 and is a founding member of the former Commercial Collection Agency Association (CCAA), and remains certified by the Commercial Law League of America (CLLA) which is endorsed by the International Association of Commercial Collectors (IACC). Caine & Weiner is also a sustaining member of the IACC, CLLA and a longstanding member of the Association of Credit and Collection Professionals (ACA International), formerly the American Collectors Association.

The company is also SOC 1 Type 2 Audited by The American Institute of Certified Public Accountants (AICPA), and ISO 27001:2013 Certified by CompVisory. In addition to company certifications, John Myers, VP of Strategy & Planning, holds the Certified Receivables Management Compliance Professional (CRCP) certification from the Receivables Management Association International (RMAI), and Steve Simon, VP of Compliance and Quality Assurance, holds the Credit and Collection Compliance Officer (CCCO) certification from ACA International.