In recent years, a number of software solutions (herein referred to as SOC 2 tools or tools) have been introduced that are designed to improve the efficiency with which service organizations can prepare for and undergo SOC 2 examinations.3 Such tools may be hosted on the service organization’s system or provided as software-as-a-service (SaaS) solutions.
A SOC 2 tool can sometimes be similar to a governance, risk management and compliance (GRC) tool. Such tools may enhance efficiency by collecting and