BDO Forms Strategic Relationship with Hyperproof to Elevate Compliance Reporting Capabilities

CHICAGO, July 10, 2024 – BDO USA, one of the nation’s leading accounting and advisory firms, announced today the formation of a strategic relationship with Hyperproof, a leading risk and compliance management software provider. The relationship will help enable BDO to expand on its compliance reporting offerings for information security, risk, and compliance professionals and create more efficiencies for third-party attestation engagements while maintaining a rigorous commitment to quality.

As compliance requirements become more complex and continuous, the risk and compliance industry faces a growing need for more streamlined reporting and control monitoring. With this strategic relationship, BDO can provide a holistic view of clients’ control environments and help support multiple compliance needs — including but not limited to system and organization controls (SOC) reports and International Organization for Standardization (ISO) certifications — without duplicating efforts. This view will also help clients continuously monitor their compliance reporting across relevant industry standards, certifications, and frameworks, as well as help identify synergies and present data in a simplified interface.

Leveraging Hyperproof’s technology, BDO clients can expect a continued commitment to quality alongside the following:

• Access to a scalable platform, allowing for the quick addition of new frameworks while providing flexibility and adaptability in a rapidly changing regulatory landscape.
• A simplified view that offers flexibility to support complex control environments and make compliance management more accessible and efficient.
• An efficient compliance reporting process, that, combined with BDO's depth of compliance reporting experience, will help streamline the compliance process while maintaining reporting integrity. 
• Real-time visibility into compliance reporting timelines and progress for both clients and the BDO team.
  
  

"We understand that our clients are looking for more than just quick fixes; they want a strategic, thoughtful approach to compliance and audit management," says Jeff Ward, BDO’s Assurance Managing Principal, Risk Advisory Services & Third Party Attestation. "As external auditors, we aim to deliver quality audit and compliance reports to all stakeholders. Hyperproof's platform aligns with our commitment to do so while enhancing the client experience and integrated project management approach for organizations with multiple overlapping reports and compliance frameworks.”

By providing a centralized platform for managing reporting requirements, evidence, work management, and collaboration, BDO can ultimately help clients extract more value from their data. 

"BDO has the experience to know what it takes to be compliant, and Hyperproof’s platform helps deliver an optimal result," says Craig Unger, CEO and Founder of Hyperproof. "Hyperproof's technology helps BDO team members apply their knowledge in a more strategic way, enabling better service for clients.”

About BDO

Our purpose is helping people thrive, every day. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization. 

BDO is the brand name for the BDO network and for each of the BDO Member Firms. BDO USA, P.C., a Virginia professional corporation, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. For more information, please visit: www.bdo.com.

About Hyperproof 

Hyperproof is a security compliance management software company focused on bringing trust to life for its customers. The Hyperproof platform empowers compliance, risk, and security teams to stay on top of all compliance work and manage organizational risks (including vendor risks) continuously. Hyperproof is disrupting the GRC space by tackling a pressing problem ignored by others: helping compliance pros gain control over and effectively manage their ever-growing compliance workload. Industry-leading companies like Motorola, Instacart, Reddit, Solventum, Outreach, Nutanix, and Fortinet trust Hyperproof to help them manage their security and compliance efforts. To learn more about Hyperproof, visit https://hyperproof.io. 

Media Contact:
Alana Gold  
[email protected]