Smrt selects KPMG for SOC 1 & SOC 2 audit

November 5, 2020

The Smrt team has selected global accounting firm KPMG to lead their SOC 1 and SOC 2 audits for 2020. The final decision came after evaluating a wide range of global accounting firms.

“In the end, we needed a brand we could rely upon to support a global customer base. KPMG is at the top of that list every year. And they had the ability to support us with a presence in our Israel office, while maintaining the AICPA controls framework”.

The SOC 1 controls audit will attest to smrt’s internal controls, which included protection of client data, internal development processes and a wide range of security procedures.

The SOC 2 audit will attest to the security of smrt’s web-based platform, including privacy, encryption, availability, monitoring, and more.

The smrt platform is maintained in a secure AWS environment that holds SOC 1, SOC 2 & SOC 3 certifications, in addition to meeting global ISO requirements.

“In addition to security, we also see an opportunity to work with auditors to attest to our machine learning algorithms, which extracts contract data with up to 99.9% accuracy.”

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