SOC2 Readiness Assessment
controls defined by the SOC2 standard to generate a bespoke compliance report
Key Features
-
Client Driven Assessment
The client completes a guided assessment in their own time to create an elaborate profile of their scope and control activities.
-
Gap Analysis
The profile of control activities compared to the relevant criteria and objectives, identifies any control gap observations with a tailored list of action items and recommendations.
-
Controls Matrix
The controls matrix lists the identified controls, control characteristics and mapping to the criteria and objectives.
-
Auditor Documentation
The audit request list and testing procedures are drafted in sync with the identified controls.
Benefits
-
Improve client experience
The most common feedback from clients is that the auditors don’t understand their business. That translates into time wasting, confusion and uncertainty. Expert automation bridges the auditor-client knowledge gap to remove the pain.
-
Improve consultant experience
Audit consultants spend over 30% of their time on non-value adding activities; emails, spreadsheets, duplicating documentation, rework, fixes and internal discussions to make sense of it all. When you rely on quality consultants, it’s important to empower them.
-
Ensure quality & consistency of outcome
Reduce errors and increase accuracy by getting to the correct answer every time across your entire organisation.
-
Facilitate independence
Client-driven assessments empower your customers to take responsibility for their own outcomes.
-
Improve efficiency
Arrive at determinations faster by allowing consultants to get access to digitised controls that drive the process. Automated assessments, reduces time of information gathering by up to 40%.
How Does Checkbox Automate This?
1. Guide the client through a digital assessment
Use digital smart forms to create client-driven assessments for clients to provide information about their scope and control activities.
2. Conduct a gap analysis powered by decision logic
Build decisioning and calculations into your app so you can automatically identify control gap observations, and determine the relevant actions and recommendations.
3. Draft auditor documentation
Automatically populate and generate bespoke documents based upon information provided and curated during the assessment.