The foundation of any business relationship is trust. With business now increasingly transacted over the Internet, it becomes more difficult to know with whom you are dealing, with the potential of exposing your business to unnecessary risk.
As a leading data processing and 1098-T service provider, we know that establishing a trusting relationship is the first thing we need to do for our customers. Our promise that your data will be secure and protected while in our custody is backed up by an audit performed on our organization by an independent CPA firm.
The SOC Service Principles
The audit consists of a Service Organization Control (SOC2/SOC3) Report, conducted by the nation’s 11th largest public accounting firm, Plante Moran. The Tab Service Company SOC2 report is a detailed analysis and objective evaluation of the following:
– Processing Integrity
The Tab Service Company report indicates that the underlying controls that demonstrate adherence to the principles were found to be adequate and functioning correctly. No exceptions were found and a clean opinion was issued.
Our SOC2 report is available to customers and prospective customers upon execution of a mutual Non-Disclosure Agreement.
Our SOC3 report is a summary version that documents assurances on controls related to the above principles but without the detailed description of tests and results contained in the SOC 2 report. Our SOC 3 report is available here: Tab Service Company SOC3 Report 2017.
Making the right choice
When you are conferring confidential data and migrating an important business process outside of your organization – you need the assurance that data security is a top priority. SOC2/SOC3 reporting provides you that assurance.