AI-Powered Accounting Automation Platform, Docyt, Successfully Completes SOC 2 Audit
Santa Clara, CA., Aug. 30, 2022 — Docyt, an accounting automation software platform that transforms bookkeeping for small-and-medium-sized businesses, today announced it has successfully completed a System and Organization Controls (SOC) 2 Type II audit, performed by Sensiba San Filippo, LLP (SSF).
Developed by the American Institute of Certified Public Accountants (AICPA), the SOC 2 information security standard is an audit report on the examination of controls relevant to the trust services criteria categories covering security, availability, processing integrity, confidentiality and privacy. A SOC 2 Type II report describes a service organization’s systems and whether the design of specified controls meets the relevant trust services categories, and assesses the effectiveness of those controls over a specified period of time.
“We strive to create a culture of information security that is embedded naturally in our day-to-day operations,” said Sugam Pandey, co-founder and CTO of Docyt. “Successfully completing a SOC 2 Type II demonstrates that Docyt takes information security seriously, providing assurances about our Information Security Program to current clients and prospective clients.”
Docyt’s SOC 2 Type II report did not have any significant exceptions noted in the report and therefore was issued with an “unqualified” audit opinion (clean report) from SSF.”
Docyt, pronounced “docket”, is an accounting automation software platform. It’s a single system, which uses machine learning, to automate all financial workflows – both income and expense side – and provides real-time ledger reconciliation and financial statements. For the first time, real-time financials are possible through Docyt.