SOC Reporting for PE-Owned Companies
Published on by Robert Ramsay, Bryan Gayhart, in SOC Reports, Video
Can’t watch the video? Get the transcript.
What our SOC Reporting pros cover in this video
While private equity firms usually don’t need SOC reports themselves, they invest in entities that do – including startups (especially those in the financial, technology, and healthcare sectors) whose clients will request a SOC report.
In the latest video from our best-in-class SOC reporting team, top SOC pros Robert Ramsay and Bryan Gayhart dig into how PE firms can gain efficiencies through a SOC reporting program for the companies they invest in.
A few highlights: Private equity firms are showing increased interest in SOC reporting, especially those investing in financial, technology, and healthcare companies. A SOC 2 report provides assurance on a company’s control environment, increasing value to the investing PE firm focused on the financials and performance of their investments. SOC reporting benefits the portfolio companies too, by helping them build credibility and demonstrate capabilities as they go to market.
Working with a single SOC reporting provider for multiple portfolio companies streamlines the SOC reporting process and creates efficiencies that save time and money, benefitting both the PE firm and the portfolio companies.
Want more? Download our free SOC Reporting FAQ or get intel on how we work with private equity-owned organizations. You can also set up a free consultation with one of our leading SOC Reporting pros. As always, we’re here to help.
