You know how important it is to protect your customers’ data. That’s why you want to make sure you’re meeting SOC 2 compliance standards. But with so many options out there for SOC 2 compliance software, how do you even begin to choose?
Don’t worry, we’ve got you covered. We’ve taken a deep dive into the top SOC 2 compliance software solutions and identified the 5 best for 2024.
We’ll walk you through what makes each of these tools stand out and take a look at their key features. Whether you’re just starting your compliance journey or are a seasoned pro, this list has an option for you. We’ve done the research so you can feel confident you’re choosing the right SOC 2 software for your needs. Keep reading to see our picks for the top 5 SOC 2 compliance software tools.
Key Features of SOC 2 Compliance Software
SOC 2 compliance tools are designed to streamline your compliance efforts and ensure that your organization meets the stringent standards required for SOC 2 compliance. Let’s dive into the must-have features that make these software solutions indispensable.
- Automated Evidence Collection
Automated evidence collection makes gathering necessary documentation a breeze by pulling data from various systems and sources. This not only saves time but also boosts accuracy by cutting down on human error.
- Continuous Control Monitoring
Real-time monitoring keeps a constant eye on compliance status, offering instant visibility into any deviations or issues that crop up. This proactive approach helps organizations swiftly address compliance gaps, keeping them on track with SOC 2 standards.
- Policy Management
Policy management features help organizations create, update, and distribute compliance policies across the board. By centralizing policy documentation and ensuring accessibility, these tools maintain consistency and clarity in compliance requirements.
- Risk Assessment
A risk assessment is the process of identifying, evaluating, and prioritizing risks to an organization’s operations and assets. Risk assessment tools involve a thorough analysis of potential vulnerabilities that could impact the security, availability, processing integrity, confidentiality, and privacy of customer data.
- Audit-Readiness
Audit-readiness platform features and expert support get organizations set for SOC 2 audits by organizing and presenting required documentation in an orderly fashion. This eases the audit process, reduces stress, and boosts confidence in compliance readiness.
Best SOC 2 Compliance Software in 2024
Here are the top SOC 2 compliance software solutions for 2024, ranked for their effectiveness, ease of use, comprehensive feature sets, and support.
1. Scytale
(screenshot from Scytale’s website)
Scytale is recognized as an industry leader in SOC 2 compliance software, offering a complete compliance automation solution combined with dedicated experts in your corner. Scytale understands that not all companies have an expert compliance team to navigate the intricacies of each framework and so, another noteworthy solution they provide is dedicated compliance experts that walk with you from start to finish of your SOC 2 compliance journey.
Key Features:
Scytale’s key features include automated evidence collection, continuous control monitoring, a custom policy builder, and more. The platform’s user-friendly interface allows for easy navigation and efficient management of all SOC 2 compliance activities pre and post audit. What’s more, Scytale has dedicated SOC 2 compliance experts to guide you every step of the way, which is especially helpful for startups and smaller companies without the in-house expertise.
Scytale has earned a reputation of being an industry leader on G2, where their customers have left glowing reviews. Customers vouch for the platform’s ability to significantly reduce the manual workload involved in getting SOC 2 compliant as the platform integrates seamlessly with many popular tools, making collecting evidence for your audit a breeze. Plus, the platform’s advanced continuous control monitoring capabilities ensure that any compliance issues are identified and addressed promptly, minimizing the risk of non-compliance.
And of course, having access to a team of SOC 2 experts at your side is a major advantage when working with Scytale. By combining SOC 2 technology and human expertise, you can harness the best of both worlds, which ultimately ensures you are best able to meet your business goals.
2. AuditBoard
(screenshot from AuditBoard’s website)
AuditBoard stands out as a SOC 2 compliance software solution due to its user-friendly interface and powerful automation capabilities. It simplifies compliance management through intuitive dashboards and real-time monitoring, making it easier to maintain ongoing compliance.
Key Features:
AuditBoard offers a comprehensive suite of features, including automated workflows, risk management tools, and real-time compliance status tracking. Its intuitive design makes it accessible for users of all experience levels.
However, while user-friendly, it may lack customization options for highly specialized compliance needs, which can be a drawback for certain industries. It also important to note that AuditBoard may be more suited for big, well-established firms with in-house security and compliance teams.
AuditBoard’s strength lies in its balance between ease of use and powerful functionality. The platform’s intuitive interface makes it easy for compliance teams to navigate and manage their tasks effectively. Automated workflows streamline compliance processes, reducing the manual effort required and minimizing the risk of errors.
3. Apptega
(screenshot from Apptega’s website)
Apptega offers comprehensive SOC 2 compliance automation, making it an ideal choice for businesses looking to simplify their compliance efforts. Its security compliance software includes tools for policy management, risk assessment, and continuous monitoring, all designed to help organizations stay compliant with ease.
Key Features:
Apptega’s platform includes robust policy management, risk assessment tools, and continuous compliance monitoring. It also provides detailed reporting and audit readiness features that streamline the compliance process.
Initial setup and configuration can be time-consuming, which may require dedicated resources to fully implement, however when these initial steps are handled, the continuous compliance management and monitoring is easy and understandable. It is also important to note that limited integration options with certain third-party tools can be a hindrance for organizations using a wide array of software solutions; thus, if your organization has a large number of complex software make sure to evaluate that the integration process can be done smoothly.
The continuous compliance monitoring feature is particularly beneficial, allowing organizations to maintain a proactive approach to compliance. By identifying and addressing potential issues in real-time, Apptega helps organizations avoid the pitfalls of reactive compliance management. The detailed reporting and audit readiness features further streamline the compliance process, making it easier for organizations to prepare for audits and demonstrate their compliance status.
4. LogicGate
(screenshot from LogicGate’s website)
LogicGate provides a flexible platform that is highly regarded for its customization capabilities and robust compliance automation. This security compliance software supports SOC 2 compliance through detailed risk management and automated evidence collection, ensuring organizations remain audit-ready.
Key Features:
LogicGate offers extensive customization options, allowing organizations to tailor the platform to their specific compliance needs. Its risk management and evidence collection features are particularly strong, providing comprehensive support for SOC 2 compliance.
This specific and detailed customization makes the interface less intuitive compared to other options, which may require additional training for users, which as a result, may require a significant amount of internal resources to fully leverage its capabilities, which can be a challenge for smaller organizations.
LogicGate’s benefit lies in its flexibility and customization capabilities. This makes it an excellent choice for organizations with unique compliance needs that require a tailored approach. The platform’s detailed risk management tools help organizations identify and mitigate potential security threats effectively, enhancing overall security posture.
5. OneTrust
(screenshot from OneTrust’s website)
OneTrust is a versatile compliance software that excels in automating SOC 2 compliance processes. Its platform offers extensive features for data privacy, security compliance, and audit preparation, making it one of the best compliance automation software available.
Key Features:
OneTrust’s platform includes features for data privacy management, security compliance, and audit readiness. Its comprehensive toolset supports organizations in maintaining continuous SOC 2 compliance.
It is also important to consider that the wide array of features can be complex to navigate for new users, potentially requiring significant training and support. Also, Higher pricing tiers can be a barrier for smaller businesses, making it less accessible compared to other more affordable options.
The data privacy management features are particularly beneficial, helping organizations ensure that they adhere to all relevant data protection regulations. The security compliance tools further enhance the platform’s value (which for some can justify the higher price), providing organizations with the insights needed to maintain a robust security posture. While the platform’s complexity may require some training, the extensive functionality makes it an excellent investment for organizations committed to maintaining high compliance standards.
Benefits of SOC 2 Compliance Software
Implementing SOC 2 compliance software brings numerous benefits, including:
Efficiency
SOC 2 compliance software automates tedious compliance tasks, saving time and reducing human error. Automation tools streamline evidence collection, policy management, and audit preparation, allowing compliance teams to optimize resources and focus on activities that bring more value to the stakeholders.
Continuous Control Monitoring
Real-time monitoring provides continuous oversight of compliance status, this leads to proactive issue resolution. This feature ensures that organizations can quickly address any non-compliance issues before they escalate.
Audit Preparation
SOC 2 compliance software streamlines the audit preparation process, ensuring all necessary documentation is readily available. This reduces the stress and workload associated with preparing for audits, making the process more manageable and efficient.
Risk Management
Compliance software helps identify and mitigate security risks, enhancing overall organizational security. By providing tools for risk assessment and management, these platforms support a proactive approach to maintaining compliance. Risks and weak areas within the organization are identified and addressed before any security breach might occur.
Cost Savings
Automating compliance management reduces the need for manual processes, potentially lowering compliance-related costs. Organizations can save on hiring in-house expertise and minimize the financial impact of compliance breaches.
Choosing the Right SOC 2 Compliance Software
Choosing the best SOC 2 compliance software depends on your organization’s specific needs and resources. Scytale, AuditBoard, Apptega, LogicGate, and OneTrust each offer unique strengths that make them standout choices for 2024.
The key to successful SOC 2 compliance lies in selecting the right software that aligns with your organizational needs so make sure to do extensive research, read customer stories, as well as reviews. Investing in the best SOC 2 compliance software not only simplifies compliance management but also strengthens your organization’s security posture, building trust with customers and stakeholders.
By understanding the strengths and potential drawbacks of each software, you can make a well-informed decision that best supports your compliance goals. Whether you prioritize user-friendliness, customization, comprehensive feature sets, or expert guidance, there is a SOC 2 compliance software solution for you!
