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What is SOC2 and why should you as a customer care?

Accounts Payable Automation Security Best practices
Dooap Inc.

In today's digital age, information security is more important than ever, as businesses and individuals rely on technology to store and process sensitive information. A security breach can have serious consequences for businesses, including financial losses, damage to reputation, and contractual liabilities.

At Dooap, the importance of information security is at our core, and we have constantly taken the necessary steps to ensure the protection of our customers’ data. We are proud to announce that Dooap AP Automation Solution is now SOC2 Type II attested, after completing a comprehensive independent audit that verifies the effectiveness of our security controls.

SOC 2 (System and Organization Controls) is a type of independent audit that assesses the effectiveness of a company's security controls. It is particularly relevant for SaaS (Software as a Service) companies, as they store and process sensitive data on behalf of their customers.
 
There are several reasons why SOC2 is important for customers of a SaaS company:
  • Trustworthiness: Achieving SOC2 attestation demonstrates that a SaaS company has taken the necessary steps to protect its customers' sensitive data and that it operates in a trustworthy manner.

  • Data security: SOC2 audits focus on the security controls that a SaaS company has in place to protect sensitive data. By choosing a SaaS company that has achieved SOC2 attestation, customers can have confidence that their data is secure.

  • Compliance: Many industries have regulations in place that require companies to implement certain security controls. For example, HIPAA (Health Insurance Portability and Accountability Act) requires healthcare companies to implement certain security measures to protect patient data. A SaaS company that has achieved SOC2 attestation is likely to be compliant with these regulations.

  • Risk management: SOC2 audits help SaaS companies identify and mitigate potential risks to their systems and data. By choosing a SaaS company that has undergone a SOC2 audit, customers can have confidence that the company is proactive in managing risks and protecting data.
Achieving SOC2 Type 2 attestation demonstrates Dooap’s commitment to meeting the highest information security and trustworthiness standards. It allows our customers to have confidence in the information security of our systems and data protection.
 
By choosing Dooap AP Automation Solution, you and your data are safe.
 
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