Rootstock Software Certified to IDW-PS-880
Meets German Auditing Standards
San Ramon, Calif. – October 19, 2021 – Rootstock Software, a worldwide provider of cloud ERP, today announced that its Cloud ERP has been certified to meet the IDW-PS-880 auditing standard of the Institute of Public Auditors in Germany (IDW). IDW-PS-880 deals with the auditing of software products and the issuing and use of software certificates. In particular, it checks whether a software product, when used properly, enables accounting in accordance with the generally accepted accounting principles (GoBS).
“In order to meet the high-quality requirements of our customers, we have had our Cloud ERP certified by the consulting firm Mazars according to IDW-PS-880,” states Per Norling, Rootstock Software general manager, international. “The high quality of our internal organization and our approach to software development is regularly proven by external audits.”
In addition to the GoBS, the software should comply with the general principles of §§ 238, 239 and 257 of the German Commercial Code (HGB), certain regulations of the German Fiscal Code (AO), IDW RS FAIT 1, IDW RS FAIT 3 and further industry-specific requirements.
“To this end,” Norling continues, “the auditor tests the necessary processing functions (document, journal and account functions), software security and documentation. In parallel, criteria to be defined by Rootstock Software itself are examined. If the software meets the requirements, this is confirmed by the IDW after the audit in the form of a corresponding software certificate.”
Rootstock’s Cloud ERP certified to meet the IDW-PS-880 auditing standard is available now.
About Rootstock Software
Rootstock Software is a worldwide provider of cloud ERP on the Salesforce Platform. When combined with Salesforce CRM, Rootstock Cloud ERP offers manufacturing, distribution, and supply chain organizations a single platform to grow and manage their businesses. Rootstock Cloud ERP is a flexible, modern, and digitally connected system that transforms companies to deliver a more personalized customer experience, efficiently scale operations, and out-service the competition.