Business Fintech News

TaxJar Achieves SOC 2 Compliance, Demonstrating Their Commitment to Customers and Partners in Data and Information Security

TaxJar Achieves SOC 2 Compliance, Demonstrating Their Commitment to Customers and Partners in Data and Information Security

TaxJar, the top-rated sales tax automation software, is proud to announce they have met yet another industry standard by successfully completing a Type 1 SOC 2 examination. The attestation, completed by independent CPA firm Schellman & Company, LLC found that TaxJar has an established framework to meet the rigorous SOC 2 standards for security and has the necessary controls and safeguards to protect the more than 20,000 customers that rely on the service each month.

Read More: Auros Uses AI to Transform The Way Knowledge Is Captured, Shared, And Reused

TaxJar’s proactive approach to customer data and security, as demonstrated by voluntarily completing this SOC 2 examination process, reaffirms TaxJar’s ongoing commitment to meet the compliance needs of its rapidly-growing mid-market customer base as well as its expanding partnership program. The company’s technology and service partners are continually looking for ways to integrate deeper to meet the growing compliance demands of their customers, and industry-leading examinations like this enable the company to strengthen these relationships.

“Securing our customers’ data is a top priority at TaxJar. SOC 2 compliance marks yet another milestone in our rapid growth as a customer-first, technology-focused company,” said Jennifer Carati, TaxJar’s Director of Information Security. “Our customers have come to rely on us for dependability, scalability, integrity and speed. This latest achievement gives our eCommerce merchants and SaaS customers further assurance of our ongoing commitment to provide them with the freedom to focus on growing their business, not sales tax.”

Read More: StrategyCorps Named 2020 Best Places to Work in Financial Technology

“TaxJar’s successful completion of a SOC 2 examination demonstrates their dedication to security and compliance as well as their customers,” said Danny Manimbo, Schellman’s Senior Manager.

SOC stands for “System and Organization Controls” under the American Institute of Certified Public Accountants (AICPA) and is widely recognized as the “gold standard” for data security. Moving forward, TaxJar will perform a Type 2 SOC 2 audit on an annual basis and will make the report available to current or potential customers upon execution of a non-disclosure agreement.

Read More: Insubuy, Inc., Launches Cutting-Edge OmniSecure API

Related posts

Alliant Insurance Services Launches Alliant Re

Business Wire

ParkHub Secures Growth Investment From LLR Partners

Fintech News Desk

Afripay Unveils Its First-of-its-kind Decentralized Payment Protocol

Fintech News Desk
1