Navetti Expands its Cooperation with  World-Leading Mining and Drilling Equipment Company

Navetti Expands its Cooperation with World-Leading Mining and Drilling Equipment Company

Navetti is pleased to announce that a world-leader in mining, drilling and rock-excavation equipment has chosen Navetti and Navetti PricePoint™ as its pricing and price optimization software and services provider. The contract represents a further milestone for Navetti and their client in a relationship that began over 15 years ago.

“Our strategic cooperation is expanding, due to our successful delivery of sustainable sales, profit gains and operational advantages for this client ever since they started working with Navetti and the very first version of what is now Navetti PricePoint™”, says Andreas Westling, Navetti CEO. “This also means that this client represents some of the most experienced– and therefore also the most sophisticated –  users of our technology.  I am especially proud of the confidence they have placed in our software, and in Navetti as their pricing solution.”

The customer will extend the scope currently managed within Navetti PricePoint™, with a focus on the modules Navetti PriceManagement™, Navetti MarketManagement™ and Navetti PerformanceManagement™, for the pricing and price optimization of over 1 million articles across its entire customer offering. As part of the new project, Navetti has configured two Navetti Apps, one covering local/central price compliance and one that integrates their customer service center into new product development. This is a typical example of how Navetti’s app-based user environment, thanks to its modular architecture, can be deployed quickly and efficiently to create customer-specific solutions. For more information go to https://www.navetti.com/our-expertise/navetti-pricepoint/

Navetti Completes Successful SOC 1 Type II and SOC 2 Type II  Audit Examination

Navetti Completes Successful SOC 1 Type II and SOC 2 Type II Audit Examination

Navetti has demonstrated its commitment to the highest levels of data security by successfully completing an external audit validating its data security standards and operations, SOC 1 and SOC 2. The audit was done by the US auditing firm Skoda Minotti and verified Navetti’s continued performance based on the American Institute of Certified Public Accountants, AICPA, standards.

“Pricing and price optimization systems handle sensitive financial data, so data security is of the utmost importance to Navetti”, says Andreas Westling, Navetti CEO. “We are naturally very pleased that the extensive audit process performed by Skoda Minotti has verified that our operational processes and system specifications continue to meet the most stringent standards that the market has specified, and that we keep the SOC 1 type II and SOC 2 type II certification. We know from our large and growing number of blue-chip customers that this is an area of highest importance for clients, so we are proud to be able to say that we are trusted by the companies that are trusted the most in their respective categories.”

The SOC (System and Organization Control) audit looks at the levels of control and security within a company. The audit covers two dimensions of control:

SOC 1 is based on AICPA Statement on Standards for Attestation Engagements (SSAE) #18: Reporting on Controls at a Service Organization and evaluates the effect of the controls at the service organization on the user entities’ financial statement assertions. SOC 1 type II reports are important components of user entities’ evaluation of their internal controls over financial reporting for purposes of complying with laws and regulations such as the Sarbanes-Oxley Act and the user entities’ auditors as they plan and perform audits of the user entities’ financial statements.

Skoda Minotti’s testing of Navetti’s control environment, SOC 1, included an examination of Navetti’s policies and procedures regarding computer operations, application change control, information security, and data communications. Upon completion of the examination, Navetti received a Service Auditor’s Report demonstrating that their policies, procedures, and infrastructure controls were suitably designed and operating effectively to achieve the related control objectives throughout the examination period.

SOC 2 is based on the AICPA guide Reporting on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality, or Privacy. The SOC 2® Type II report is performed by an independent auditing firm and is intended to provide an understanding of the service organization’s suitability of the design and operating effectiveness of its internal controls. A service organization may select any or all of the trust service principles applicable to their business and Navetti chose to report on security, availability, processing integrity, and confidentiality.

Skoda Minotti’s testing of Navetti’s controls included examination of their policies and procedures regarding network connectivity, firewall configurations, systems development life cycle, computer operations, logical access, data transmission, backup and disaster recovery, and other critical operational areas of their business. The successful completion of this voluntary engagement illustrates Navetti’s ongoing commitment to creating and maintaining a secure operating environment for their clients’ confidential data. Upon completion of the audit, Navetti received a Service Auditor’s Report demonstrating that their policies, procedures, and infrastructure meet or exceed the stringent SOC 2® criteria.

 

For more information on how Navetti handles data, go to https://www.navetti.com/our-expertise/data-security/

General Data Protection Rights at Navetti

General Data Protection Rights at Navetti

As most will know by now, by May 25th 2018 the European Union’s General Data Protection Regulation, a.k.a. GDPR, will come to full enforcement. The regulation protects the fundamental right of a data subject to privacy and the protection of personal data.

We at Navetti are about people and technology. Caring about people is in our DNA. We also care about your personal data security. We care about our business partner contacts, our employees, our users, and the visitors to our website and their personal data too.

The use of the Internet pages of Navetti AB is possible without any indication of personal data; however, if a data subject wants to use special enterprise services via our website, processing of personal data could become necessary. If the processing of personal data is necessary and there is no statutory basis for such processing, we generally obtain consent from the data subject.

The processing of personal data, such as the name, address, e-mail address, or telephone number of a data subject shall always be in line with the General Data Protection Regulation (GDPR), and in accordance with the country-specific data protection regulations applicable to Navetti AB. By means of this data protection declaration, our enterprise would like to inform the general public of the nature, scope, and purpose of the personal data we collect, use and process. Furthermore, data subjects are informed, by means of this data protection declaration, of the rights to which they are entitled.

As the controller, Navetti AB has implemented numerous technical and organizational measures to ensure the most complete protection of personal data processed through this website. However, Internet-based data transmissions may in principle have security gaps, so absolute protection may not be guaranteed. For this reason, every data subject is free to transfer personal data to us via alternative means.

If you are an existing client of Navetti, you have already received the Personal Data Processing Agreement as part of our effort to comply with GDPR. Nevertheless, as a general relation to GDPR, we want to also inform you on how and why we are processing and storing personal data in our systems. In that regard, you can find more information in our Privacy Policy on the Navetti website.

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Arsham Mazaheri
Head of ClientCare

+46 (0) 70 032 63 79

arsham.mazaheri@navetti.com