SOC 2 Automation: Why Do You Need It?

SOC 2 compliance is becoming an industry standard now with many customers looking at it as a priority parameter. So, how do you avoid the costly process of manually doing your SOC 2 review and rather automate it for a quick and cost-saving output?

The American Institute of CPAs developed the SOC 2 report. The report provides an insight into the controls applied by an organization to address the risks regarding security, confidentiality, availability, privacy, and processing integrity. 

According to most IT professionals, SOC 2 compliance is vital for any company handling customer data or integrating with several other partners. However, manually running the compliance program will be frustrating, expensive, and time-consuming. Save yourself from worry. You can use an automated SOC 2 compliance solution that will ensure you remain compliant without too much effort. 

SOC 2 automation

As mentioned, manually processing SOC 2 compliance is difficult. However, finding and utilizing an effective SOC 2 automation software can help you comprehend what you need to become compliant. In addition, the software can automate the evidence and monitoring collection to improve your organization's compliance posture. 

The software can alert you when your compliance posture is at risk if gaps develop in the processing. SOC 2 automation will instantly give you visibility of your compliance status and eliminate the complications due to manual monitoring, compliance audits, and evidence collection. Automation will save your company a significant amount of money and time.

Benefits of using the SOC 2 automation application 

Primarily, the SOC 2 automation software will ensure that you are SOC 2 compliant 24/7. Aside from this, here are additional benefits. 
  • Saves time. Manually running your compliance program, your employee or you will spend substantial time on tiresome tasks. You will be stuck manipulating sheets, organizing screenshots and evidence, and tracking vendors, assets, and incidents. With an automated SOC 2 software, you will be free from mundane tasks. The program will handle personnel training, onboarding, and evidence collection. Moreover, the software will also track vendors, control mapping, and do risk assessments. You can immediately generate reports and do every activity through its user-friendly dashboard. 
  • Prepares report immediately. Customers can request assurance with a series of security questions. Instead of manually preparing it, the system can prepare a report in real-time to answer a customer's security concerns. At the same time, auditors can easily download the available control evidence.
  • Saves money. Without an automated SOC 2 program, your team will be spending time, from hours to months, to get your compliance program up and running. As a result, your employees will be low on production while spending too much time on tasks not part of their job description. Moreover, you will also spend money on new tools, consultants, and partners. 
  • Maintains security. It will keep confidential information and customer data secure while the system remains available to ensure that your business runs efficiently. Likewise, it will provide you with insights on the status of your security program and alerts you on where you need to improve. 
  • Reduces human error. Instead of dealing with downtime due to human error, you can use automated software. As a result, the staff will not be saddled with repetitive tasks, where most errors occur. Likewise, the program will alert you if someone does suspicious behavior.

You will have fewer complications when you use automated SOC 2 software. You can prevent any risk by monitoring your program and following its reports and new alerts.


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