AI for Accounting and Finance Blog Completes SOC 2 Type 1 Certification

Posted by Alexander Hagerup on Sep 1, 2020 1:00:00 PM
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The AI Platform for Accounting Demonstrates Its Commitment to Cloud Security and Data Privacy

New York  –, the AI (artificial intelligence) platform for accounting productivity, announced today  its completion of the Service Organization Control (SOC) 2 Type 1 attestation. With its mission to empower accounting firms and enterprise finance departments,’s accreditation reinforces its commitment to exceptional customer service. Completes SOC 2 Type 1 Certification

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SOC 2 certification, developed by the American Institute of Certified Public Accountants (AICPA), is considered to be a gold standard for data security. By achieving Type 1 attestation, an independent third-party has validated the design of’s controls relevant to security, availability, processing integrity, confidentiality, and privacy.

“Security is of the utmost importance to Our accounting and finance partners and customers work with sensitive data every day and entrust us to safeguard it. With this certification, our customers can feel confident that we have taken the right steps to invest in and maintain their security and privacy,” said Alexander Hagerup, Co-Founder and CEO of “As the AI landscape continues to mature, is proud to earn this achievement and demonstrate to our customers that security and compliance are the foundation of our software. Consistent with’s commitment to accountability, the SOC 2 Type 1 attestation builds on our existing infrastructure compliance with cloud security and privacy standards. Being an AI technology leader means setting an example for the industry by internally utilizing security best practices.”

In addition to SOC 2 Type 1 compliance, is on a continuous journey of business and process maturity with its pursuit of SOC 2 Type 2 attestation. 

The company also uses Amazon Web Services (AWS) U.S. data centers, trusted globally by the most highly regulated organizations, because of their security, privacy, and compliance standards. In addition, works with other supply chain partners that adhere to stringent security practices and certifications.

Accounting, finance, and information technology professionals can find out how implements AI in accounting by downloading the free guide, "How to Select the Right Artificial Intelligence (AI) Platform for Accounting."


About is the artificial intelligence (AI) platform for accounting firms.’s machine learning technology has been trained on over 200 million live accounting documents and transactions. Already surpassing human-level accuracy for many tasks, helps accountants, CFOs, controllers, and accounts payable (AP) teams become more efficient and reduce errors on routine accounting tasks. Accounting and finance professionals can learn more by visiting the website and following the LinkedIn page



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