SOC2
Flexprice is SOC 2 Type I compliant.
We partner with third-party firms to conduct regular audits.
SOC 2
Flexprice is SOC 2 Type I compliant.
We partner with third-party firms to conduct regular audits.
We’re delighted to announce that Flexprice has achieved a SOC 2 (Type I) certification, a rigorous international certification demonstrating our commitment to maintaining and protecting information security.
Achieving this standard serves as third-party validation of Flexprice’s
commitment to providing enterprise-level security and protecting customer
data from potential breaches.
What is SOC 2?
SOC 2 is an audit report developed by the American Institute of CPAs (AICPA).
The audit evaluates controls related to security, availability, processing integrity, confidentiality, and privacy of a system.
There are two types of SOC 2 reports:
Type I: checks if a company is compliant at a point in time.
Type II: confirms that a company is still compliant during an observation window (typically 6 months).
Flexprice is SOC 2 - Type I compliant.
Why SOC 2?
We’ve always believed that we’re the custodians of trust when it comes to our customer's data. We are making every investment to establish and maintain the highest level of security and compliance.
Achieving SOC 2 (Type I) showcases our ongoing commitment to privacy and security and reinforces our rigorous policies and procedures to safeguard customer data.
Flexprice partnered with Sprinto - a simple yet powerful security compliance software for cloud-hosted companies.
Sprinto is purpose-built for real-time monitoring of security controls at scale with an intentional emphasis on each entity. It seamlessly integrates with our existing tools and automatically collects evidence with 100% continuous monitoring, ensuring we leave no loose threads when it comes to security and privacy.
Sprinto also comes with an auditor-friendly console that assembles and shares data exactly the way an auditor would expect to see it, resulting in minimal contact with the auditors, resulting in helping us achieve SOC 2 (Type I) weeks earlier than anticipated.
Huge thanks to Atom Assurances Services for being a fantastic audit partner and supporting us throughout the process.
Always great working with your team!
What's next for Flexprice?
Flexprice is now very well-positioned to work with enterprises and large corporates that require SOC 2 compliance.
With ambitious goals for the year ahead, we plan to achieve SOC 2 (Type II) in the near future.