Pricing innovator leads in its commitment to data accuracy, security, and confidentiality of retailer data
PRESS RELEASE – Davis, California – Engage3, which helps retailers and brands understand, protect, and enhance their Price Image, today announced that it has completed the Service Organization Control (SOC) 2 Type 2 2021 audit based on the Trust Services Criteria developed by the American Institute of CPAs (AICPA) for its services.
A SOC 2 (Type 2) certification provides clients with detailed information around the effectiveness of controls implemented in the service provider’s environment. Clients can use this information to ensure the quality of security protecting their data.
“Engage3 continues to prioritize security, availability, and confidentiality of data flowing through our systems. Regular rigorous independent audits and attestations like the SOC2 Type 2 help us demonstrate our organization-wide commitment to responsible governance of our client and partner data.”Anup Doshi, CTO of Engage3
An independent audit conducted by A-lign, a leading security and compliance partner trusted by 2,500 clients globally, demonstrates Engage3’s commitment to maintaining a secure environment for their client’s data. A-lign is the largest global certifier of SOC2 Type 2 compliance and their certification provides clients with the highest level of confidence of Engage3’s security protocols. Engage3 underwent a rigorous review of its processes and systems and demonstrated adherence to strict information policies and procedures encompassing security, availability, and confidentiality.
Engage3 was founded by the creators of KhiMetrics (acquired by SAP), who are credited with inventing retail price optimization . Engage3’s leadership team is composed of former KhiMetrics, SAP, Revionics, dunnhumby, KSS Retail, IBM/DemandTec and Nielsen executives.
Engage3’s Competitive Intelligence Management (CIM) is an AI-assisted, attribute-based, and data science-driven solution that provides accurate, granular competitive data (30 billion product pricing records collected annually in the U.S. and Canada) and like-item-linking visibility. CIM helps retailers reverse-engineer their competitors’ pricing and assortment strategies across channels, markets, and items. Price Image Management (PIM) is a next generation pricing solution that defines the impact of strategic pricing alternatives and unlocks pricing recommendations based on a retailer’s objectives for Price Image, sales, and profitability. Engage3’s Price Image management solutions help retailers understand and manage their Price Image and align it with their sales and profitability objectives using predictive modeling.