CEO & Founder, AudITech
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Today, I’m excited to share an exciting new chapter in AudITech’s journey: AudITech has officially been acquired by Scytale, a recognized leader in compliance automation. This acquisition marks a pivotal moment in our mission to simplify ITGC SOX compliance.
A Shared Mission: Simplifying ITGC Assurance
At AudITech, we’ve always been driven by one core goal: to build a smarter, simpler, and more valuable solution for organizations to maintain ongoing ITGC assurance. We understand that SOX compliance is a crucial part of any public company’s internal controls, but it can also be incredibly complex, time consuming, and resource intensive. That’s why we’ve dedicated years of industry insight and expertise into developing an automated, efficient approach to managing ITGCs. One that helps businesses stay compliant without the headaches that often come with it.
With this acquisition, we’re now able to take our mission to the next level. By joining Scytale, a recognized leader in compliance automation, we share a vision of simplifying the complexities of information security and compliance.
Why Scytale?
Scytale is a recognized leader in the compliance automation industry, providing businesses with advanced automation and solutions for managing compliance across a variety of regulatory frameworks, including SOC 2, ISO 27001, NIST, HIPAA, GDPR, and more. Their platform’s focus on compliance automation perfectly complements the solution we’ve built at AudITech.
By integrating into Scytale’s platform, we will now be able to provide businesses with a unified, powerful solution that not only simplifies SOX ITGC compliance but also helps businesses manage a broader set of critical frameworks, as well as have all their GRC workflows in one hub, including penetration testing, security questionnaires and a trust center. This acquisition allows us to deliver a comprehensive platform that covers the full spectrum of compliance, from ITGC to broader risk management and security assurance.
What This Means for Our Customers
Our core mission to simplify ITGC compliance continues, but now it is supported by the expanded capabilities of Scytale’s comprehensive GRC platform.
That being said, this acquisition brings even greater benefits, including:
- Broader Compliance Coverage: In addition to SOX ITGC, AudITech’s customers can now access Scytale’s platform to streamline compliance with other 30+ frameworks, including SOC 2, ISO 27001, NIST, HIPAA, and GDPR.
- Enhanced Automation: Scytale’s advanced automation capabilities, powered by AI, will simplify and accelerate your compliance processes, making it easier to maintain controls, prepare for audits, and reduce manual work.
- Continuous Monitoring and Real-Time Assurance: The integration will enable continuous monitoring of your ITGC controls and compliance efforts, ensuring your organization remains audit-ready and consistently meets required standards.
- Scalable Solutions: Whether you’re a growing startup or a large enterprise, Scytale’s platform is designed to scale with your needs, adapting to the complexities of your business and evolving compliance requirements.
A Commitment to Innovation
At AudITech, we’ve always been at the forefront of innovation, and this acquisition by Scytale will only strengthen our ability to deliver new and enhanced solutions. With Scytale’s expertise in compliance automation across multiple frameworks, we’ll be integrating our tool into their platform, expanding their offerings to include SOX ITGC, and empowering businesses to manage their ITGC, security, and compliance efforts in a smarter, more efficient way.
Looking Ahead
This acquisition marks an exciting new chapter for both AudITech and Scytale, and we are thrilled about the possibilities it brings. Together, we’ll be able to provide a truly comprehensive platform that not only simplifies SOX ITGC compliance but also helps businesses meet the growing and evolving demands of cybersecurity and regulatory compliance.
