$150.4 billion.
That’s the estimated amount Gartner predicts organizations will spend on security efforts in 2021. In the wake of COVID-19, it’s safe to say that organizations are prioritizing security and data protection more than ever before.
So it will come as no surprise that both security and data protection are of utmost importance to finance teams and organizations when choosing new vendors.
We recognized this trend and moved quickly to solidify our internal and external practices. As we’ve grown to support more and more customers through their finance automation journey, we are pleased to announce that we’ve formalized our commitment to user security by obtaining the industry’s most important compliance certifications: Service Organization Controls (SOC 2 Type II).
“As we move towards a digital-first corporate environment, securely handling sensitive corporate financial information is of utmost importance. We’re proud to be on the forefront of innovation, supporting global enterprises with the top-of-the-line security and privacy that is demanded of technology companies today.”
— Rohit Gupta, CEO and co-founder, Auditoria.AI.
SOC 2 Type II reports are the most comprehensive certification within the Systems and Organization Controls protocol. We are the first autonomous finance provider to receive this type of certification. A company that has achieved SOC 2 Type II compliance has proven its system and processes are designed to keep its clients’ sensitive data secure.
When working with the cloud, security and confidentiality are essential and increasingly required by customers, regulators, examiners, and auditors. This certification shows that we have maintained adequate controls over the security, confidentiality, and availability of our cutting-edge SmartFlow Skills Platform and SmartFlow Skills.
For our customers, the SOC 2 Type II certification has two critical components:
- Security Validation: It provides independent confirmation that Auditoria's security practices are aligned with a rigorous cloud service standard.
- Independent Proof: As a critical service provider to your organization, it provides a key piece of evidence for your vendor security and compliance process.
This milestone is only the latest in a series of innovations from the Auditoria team. We will continue to stay on the leading edge of technology trends and certifications as we accelerate finance transformation for global enterprises.
Thank you to all our current and future customers for trusting us to automate your finance back-office!
Click here to request a copy of Auditoria’s SOC 2 Type II report.