In an era where data security and privacy are paramount concerns, Traxo has announced its successful completion of the Systems and Organizational Control (SOC) 2 Type II examination. This achievement reinforces Traxo's commitment to maintaining the highest level of security. The in-depth audit, conducted by Dansa D'Arata Soucia LLP, provided an independent 3rd-party validation of Traxo's internal controls and assures clients that their data is handled with utmost care.
SOC 2 reports, established by the American Institute of Certified Public Accountants (AICPA), focus on a service organization's internal controls and their ability to meet the commitments and system requirements. Traxo’s examination evaluated various criteria, including security, availability, and confidentiality. Traxo's completion of their SOC 2 Type II demonstrates their dedication to providing a secure environment for their clients' corporate travel data.
The SOC 2 Type II examination for Traxo was conducted by Dansa D'Arata Soucia LLP, a renowned full-service CPA firm based in Buffalo, New York. DDS specializes in understanding the AICPA's Trust Services Criteria and helps companies apply best practices to mitigate risks associated with protecting sensitive data. DDS's streamlined examination process minimizes the impact on company resources, allowing management teams to focus on their core business activities.
During the examination, Dansa D'Arata Soucia LLP conducted a thorough review of Traxo's internal controls, policies, and processes for corporate travel data management. This comprehensive assessment encompassed risk management, subprocessor due diligence, IT infrastructure, software development life cycle, change management, logical security, network security, physical and environmental security, and computer operations. By undergoing this rigorous examination, Traxo ensures that its controls are properly designed and implemented to mitigate risks effectively.
Traxo's successful completion of the SOC 2 Type II audit provides an additional layer of trust and confidence for its clients. Independent validation by a reputable auditing firm reassures customers that Traxo's business processes and information technology controls are operating as intended. The audit report acts as a testament to Traxo's commitment to maintaining the highest industry standards and ensuring the security and integrity of its clients' valuable data.
For Traxo's clients, which include prominent organizations in travel, corporate consulting, manufacturing and beyond, completing the SOC 2 Type II audit holds significant value. As a provider of real-time corporate travel data capture, Traxo enables businesses to gain complete visibility into employee travel, automate pre-trip audits, maximize savings, and enhance duty of care for employee well-being. By adhering to one of the most stringent compliance frameworks, Traxo assures its clients that their sensitive travel data is protected and handled securely.
Traxo's dedication to data security is reflected in its adherence to industry best practices and compliance frameworks. The successful SOC 2 Type II audit demonstrates Traxo's proactive approach to risk management and commitment to protecting sensitive data. With the rise in data breaches and privacy concerns, Traxo's completion of this examination underscores its continuous efforts to maintain the trust and confidence of its clients.
Traxo's completion of the SOC 2 Type II examination highlights the company's unwavering commitment to data security, privacy, and client trust. By subjecting its internal controls and processes to rigorous scrutiny, Traxo ensures that it meets and exceeds industry standards. With this achievement, Traxo solidifies its position as the world's leading provider of real-time corporate travel data capture, offering its clients peace of mind and the assurance that their valuable data is handled with the utmost care. To learn more, please visit traxo.com/security.