TORONTO, Nov. 9, 2020 /CNW/ -- Quisitive
Technology Solutions Inc. ("Quisitive" or the
"Company") (TSXV: QUIS), a premier Microsoft Solutions
Provider, has been selected as a strategic application development
partner by Grant Thornton LLP, the U.S. member firm of Grant
Thornton International Ltd, one of the world's leading
organizations of independent audit, tax and advisory firms.
Grant Thornton engaged Quisitive
in a joint effort to accelerate and automate a unique and
industry-differentiated platform for SOC (System and Organization
Controls) reporting — most notably by tapping into the power of the
Microsoft cloud. The result is SOC.x, a cloud-based application
that allows Grant Thornton's
professionals to more efficiently produce SOC reports. These
reports allow service organizations to demonstrate that the
services they perform meet established compliance frameworks for
areas such as financial reporting, security, availability,
confidentiality, and privacy
With the help of Quisitive, Grant
Thornton, which is one of the nation's leading issuers of
SOC reports, shifted away from a time-consuming and complex process
to a more technologically advanced method of SOC reporting. Because
SOC.x is integrated into the Microsoft Azure cloud, it automates
the reporting process. This allows Grant
Thornton to collaborate across multiple engagements, while
also enjoying a single platform for the firm's professionals to
reduce bottlenecks and use data more effectively.
"Thanks to our ability to meet the specific needs of customers
and our successful history of doing so, we believe we
are the right partner to help Grant
Thornton deliver these new and exciting SOC reporting
capabilities to the market, leveraging Microsoft Azure," said
Quisitive CEO Mike Reinhart. "It has
certainly been encouraging to successfully develop SOC.x with
Grant Thornton and further serve
their customer base with our expertise as a Microsoft cloud
solution provider. We look forward to being a seamless part of the
firm's continued efforts to
transform SOC reporting."
Grant Thornton's national
managing partner of Market Innovation and Release Management,
Joseph Brown, added: "We chose
Quisitive for SOC.x because of its longstanding relationship with
Microsoft and its ability to swiftly integrate technology into the
Azure cloud. Tapping into Azure has saved our team an immense
amount of time and has allowed our firm to move SOC reporting onto
a single platform that our professionals can ubiquitously access,
while enjoying greater automation, standardization and
collaboration."
Microsoft's Chief Technology Officer, US Partner Ecosystem,
David Totten also stated, "As we
continue to witness a surge in organizations leveraging technology
to transition critical business processes into a modern framework,
we are committed to providing incremental value to customers
through our product offerings. Thanks to one of our most trusted
and well-respected partners, Quisitive, Grant Thornton has been able to develop SOC.x in
Microsoft Azure, which bolsters its ability to service clients and
produce reports covering SOC issues."
In addition, Quisitive and Grant
Thornton expect to work together to help other businesses
that could benefit from Quisitive's prowess in business
applications area (Dynamics 365), paired with Grant Thornton's broad know-how in consulting,
accounting and tax services. This includes a go-to-market
collaboration focused on the business transformation initiatives
for transitioning customers with legacy ERP (Enterprise Resource
Planning) solutions into cloud-first platforms.
"As we continue to extend the SOC.x application and activate
within Grant Thornton's client base,
we noticed that there were additional synergistic opportunities
between our teams," said Quisitive VP of Sales Kevin Castillo. "We
believe unlocking the benefits of the Microsoft Dynamics ERP cloud
solutions will provide meaningful benefits to Grant Thornton's clients. We understand that
there is a significant market opportunity at hand here, as
companies will now be able to deal with both their business and
technological needs, and we intend to capitalize on it."
About Grant Thornton LLP
Founded in Chicago in 1924, Grant Thornton
LLP (Grant Thornton) is the
U.S. member firm of Grant Thornton International Ltd, one of the
world's leading organizations of independent audit, tax and
advisory firms. Grant Thornton,
which has revenues of $1.92 billion
and operates more than 50 offices, works with a broad range of
dynamic publicly and privately held companies, government agencies,
financial institutions, and civic and religious organizations.
"Grant Thornton" refers to Grant
Thornton LLP, the U.S. member firm of Grant Thornton International
Ltd (GTIL). GTIL and the member firms are not a worldwide
partnership. Services are delivered by the member firms. GTIL and
its member firms are not agents of, and do not obligate, one
another and are not liable for one another's acts or omissions.
Please see grantthornton.com for further details.
About Quisitive
Quisitive (TSXV: QUIS) is a premier
Microsoft solutions provider that helps enterprises move, operate,
and innovate in the Microsoft cloud: Microsoft Azure, Microsoft
Dynamics, and Microsoft 365. Quisitive also provides proprietary
SaaS solutions such as CRG emPerform™ and
LedgerPay that complement the Microsoft platform. Quisitive serves
clients globally from offices in the U.S and Canada. For more information, visit
http://www.Quisitive.com and follow @BeQuisitive.
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