If the auditing of internal controls and processes by an independent third party is nothing new for your service organization, then searching for a SOC Auditor in Austin should not be either. For the past couple of years, it has served as the replacement for the old SSAE 16 and SAS 70 reports. A SOC Audit is designed to measure, test, and report on the processes and systems of an organization based on their impact on customer financial reporting and data collected, stored, and processed.
Who Needs a SOC Auditor in Austin?
There is a wide range of types of service industries that may be required to or would reap benefits from obtaining a SOC certification. These businesses include but are not limited to:
- Data centers
- Payroll processing
- Managed Service Providers
- Loan servicing
- Cloud hosting
- Claims Processing
Our SOC Audit team is experienced and well versed in all the industries listed above.
Why Businesses Become Certified
One of the numerous benefits of becoming SOC certified is differentiation from competitors in similar industries, which provides an advantage during the sales process. Other benefits include a clear understanding of all systems and controls in place, recommendations on how to steer operations away from potential risks, learn how to maximize security and efficiency of services provided, reduce the need for future similar audits, and many more.
Growing Demand
While SOC audits have been around for many years, many businesses are still unaware of their existence, and benefits. However, this is changing. Many businesses have seen themselves transition from wanting to get SOC certified, to being required to by customers and vendors. The certification provides a level of assurance and security that cannot be obtained any other way, therefore, some will only conduct business with SOC certified companies. If your business has not been asked about it yet, there is a strong chance that you will be soon. As a specialized SOC Auditor in Austin, we put service first with our rapid and affordable SOC process.
If you have any questions about our process for SOC audits for your business, please contact us or set up a meeting.
