(Aurora, CO) - To validate the quality and integrity of the Graebel Relocation Services Worldwide standards and controls, the SAS 70 Type II favorable opinion was achieved in 2007 and subsequently in 2008 and in 2009.
SAS 70 is a widely recognized auditing standard developed by the American Institute of Certified Public Accounts (AICPA). A service auditor's examination performed in accordance with SAS 70 represents a service organization has been through an in-depth audit of its control activities.
An audit conducted by the independent accounting firm, Wipfli LLP, examined Graebel controls connected to its third party relocation services and related general computer areas including: Personal Relocation Assistance such as wire money transfers, corporate client invoicing and management assignment fees; Real Estate Transaction Assistance; Computerized Information Systems from firewalls, antivirus and antispyware controls, physical access and environmental controls, logical security and fault tolerance to data recovery controls. Forty-four control areas were examined and encompassed a twelve-month evaluation period from October 1, 2008 to August 31, 2009.
In its report to Graebel, Wipfli LLP summarized all results of the testing and controls in the Graebel Relocation Services Worldwide operations were sufficient to conclude that controls were operating effectively.
According to Don DeMaestri, director of training and business excellence at Graebel, “We strive to provide the industry’s most highly personalized global relocation and moving services and at the same time afford accessible, user friendly and secure technology to enhance our corporate clients and transferees’ experience. This annual independent SAS 70 Type II examination is comprehensive covering a twelve-month cycle. The Graebel SAS 70 Report of Controls demonstrates our indefatigable dedication and due diligence in our operational and financial controls.”
About Wipfli LLP (www.wipfli.com)
With 109 partners and 750-plus associates companywide, Wipfli LLP has fifteen offices in the United States and two offices in India making it one of the largest accounting firms in America. The firm boasts more than 20,000 clients in a variety of industries including construction and real estate, healthcare, manufacturing and distribution, financial institutions and, non-profit and government organizations. 2010 marks the 80th year since its founding in 1930.
About Graebel Companies, Inc. (www.graebel.com)
Graebel is a global relocation company that provides worldwide relocation management services, domestic U.S. and international moving and storage services, freight forwarding, move management and commercial office moving and workplace services. Divisions include Graebel Relocation Services Worldwide, Inc., Graebel Movers International, Inc., Graebel Commercial Services, Inc., Graebel Van Lines, Inc., Graebel Movers, Inc., and Move Management, Inc. The World Headquarters is located in Aurora, Colorado. Founded in 1950, Graebel is a wholly owned, privately-held company boasting proprietary technology, processes, and employs an extensively background-checked and trained employee workforce. Clientele features firms in the Fortune 500, and the global 100. 2010 marks the Graebel organization’s 60th anniversary since its founding in 1950.
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