Achieving SOC 2 Type II certification: a commitment to trust and excellence 

At Actuals, we’re excited to share a significant milestone in our journey: we’ve successfully passed our SOC 2 Type II audit! This achievement is more than just a badge of honor; it’s a reflection of our unwavering commitment to security, reliability, and operational excellence. 

What is SOC reporting?  

Service Organisation Control (SOC) reporting is the process of using established standards, developed by the American Institute of Certified Public Accountants (AICPA), to report on the appropriateness and effectiveness of a service organisation’s internal controls. The report is usually provided to third parties who rely on that organisation.  

SOC2 certification focuses on a company’s controls, covering security, availability, processing integrity, confidentiality, and privacy. A rigorous examination of our controls and processes over a defined period validates our unwavering commitment to maintaining a secure environment for your data. 

For an organisation to claim any SOC accreditation, an independent auditor must sign off on a report to confirm it is fairly presented and that controls are in place and designed effectively. Type 2 reports raise the bar higher: the auditor also confirms that controls have operated effectively over a given period of time. 

Why SOC 2 Type II matters 

In today’s digitised, high-complexity, low-trust society, compliance isn’t just a checkbox—it’s the backbone of trust. The SOC 2 Type II certification is specifically designed for service organizations like ours, ensuring that we meet rigorous standards for security, availability and confidentiality. This certification provides our customers with peace of mind, knowing that their sensitive data is protected by robust controls that are effective over time. 

The benefits of SOC 2 Type II 

As a valued Actuals customer, you can be assured that our SOC 2 Type 2 certification delivers you benefits beyond our reconciliation platform. 

• Trust and Confidence: With SOC 2 Type II certification, we can assure our clients that their data is in safe hands. This builds trust and strengthens our relationships with clients, partners, and stakeholders. 

• Operational Excellence: The process of preparing for the audit has allowed us to refine our internal processes and enhance operational efficiency. Furthermore, in a market where data security is increasingly important, having SOC 2 Type II signals that we prioritise security needs and are committed to maintaining high standards. 

• Ongoing Improvement: Achieving this certification is not the end of the journey. We are committed to continuous improvement and regularly reviewing our controls to adapt to new challenges. 

ISAE 3402: bomplementing our commitment 

While our focus here is on SOC 2 Type II, we’re also proud to have passed the ISAE 3402 audit. This certification further reinforces our commitment to providing reliable financial reporting and operational integrity. Together with SOC 2 Type II, these certifications demonstrate that we are serious about maintaining high standards across all aspects of our business. 

Conclusion 

Achieving SOC 2 Type II certification on the criteria Security, Availability and Confidentiality is a significant step forward for Actuals as we continue to build trust with our clients and enhance our operational capabilities. 

If you’re considering obtaining SOC 2 certification yourself, we’re happy to share our experience—let’s raise the bar for security together. And if trusted finance operations are critical to your business, let’s talk about how Actuals can help you stay in control. 

𝐀𝐜𝐭𝐮𝐚𝐥𝐬 – 𝐓𝐫𝐮𝐭𝐡 𝐈𝐧𝐬𝐢𝐝𝐞™