Enable is pleased to share that we have put in place plans to obtain SOC 1 and 2 reports under SSAE-18.
SSAE-18 is the current standard in the north American market for, among others, SaaS software which can have an impact on financial reporting for our clients.
In order to do this, we are working with an audit firm from the USA which are fully qualified and experienced in SOC reporting.
We are currently starting an assessment of our operating procedures and policies to ensure that they all meet the requirements for successful SOC reports.
We are expecting to have reports (Type I) produced by the middle of 2020.
We recognize that our clients will be reassured with Enable’s commitment in obtaining these SSAE-18 SOC reports in addition to our current ISO9001 and ISO27001 certifications.
Enable will continue to share the progress of the project.
Learn more about SSAE-18
Further background information on SSAE-18 and SOC reports can be obtained using the following links (both from the US AICPA website).
- Overall concepts: SOC for Service Organizations: Information for Service Organizations
- Further detail: Information for service organization management