Mom was right; honesty is always the best policy. It’s because of this mutual understanding that local leaders and businesses count on GBQ to identify proper control procedures and tailor technology solutions to ensure operations adhere to sound principles and ethical practices.
Just as a mother’s wisdom never fails, perhaps you’ve heard and implemented the phrase “don’t go it alone” into your business strategy. It’s common to outsource key business processes, including the management and safeguarding of sensitive data. Consequently, the importance of conducting thorough vendor due diligence has grown, and obtaining a SOC report plays a crucial role in this undertaking.
Establishing trust is a catalyst for growth. How are your customers gaining confidence in the strength of your company’s controls? The ideal solution lies in undergoing System and Organization Controls (SOC) examinations where the resulting reports are as distinct as your company and its operations. Unlike other IT frameworks that provide a point-in-time certification, a SOC examination’s deliverable is a report that can be shared with customers, complete with an opinion from an independent auditor on the effectiveness and design of the controls over the entire period under audit (typically one year).
Benefits of a SOC Examination:
- Reduce time and resources spent on customer questionnaires
- Fulfill contractual obligations
- Monitor and maintain your control environment
- Provide trust and transparency to stakeholders
- Gain a competitive advantage
What type of SOC for Service Organizations report do you need?
