As companies continue to outsource business processes to service organizations, we have seen a considerable rise in the number of SOC 2 requests received and see this trend continuing for the foreseeable future.
A Service Organization Control 2 (SOC 2) Report offers new or longtime customers assurances that your organization has been fully audited for IT functions related to Security, Availability, Processing Integrity, Confidentiality or Privacy. Essentially, a SOC 2 Report assures customers of your commitment to data security and significantly reduces customer investment into providing their own audit of your services.
We find that many of our customers that provide cloud solutions, IT services, or other similar processes, may pursue a SOC 2 report when their business solutions may require a less involved audit process.
Boulay recommends reaching out to an independent, third-party CPA to recommend the correct process that meets your business needs. A SOC 2 provides the framework to retain and garner new business opportunities, but for every company that needs a SOC Report, there are just as many that can spend less to keep their customers happy.
Technology is complex but Boulay makes it simple. Whether you need immediate assistance or are exploring future risks, we are committed to Helping You Get There…