SOC 1/2/3
Service Organization Control Reports
SOC reports are required by enterprise clients and investors to demonstrate security controls. Praxis-Q delivers SOC 1, SOC 2 Type I & II, and SOC 3 examinations for cloud and SaaS companies.
At a Glance
SOC
SOC 1/2/3
Service Organization Control Reports
The Problem
Enterprise SaaS buyers will not sign without a SOC 2 report. No report means blocked deals, stalled procurement, and lost revenue to compliant competitors.
What We Do
- Scoping
- Readiness
- Controls
- Evidence
- Report
What You Get
- Required by enterprise SaaS buyers
- SOC 2 Type I and Type II reports
- All 5 trust service criteria covered
- SOC 1 SSAE 18 for financial reporting
- SOC 3 public seal for marketing
- Reduces vendor questionnaire burden
- Accelerates enterprise sales
- Investor due diligence support
Why SOC 2 Matters for Cloud & SaaS
Enterprise buyers, cloud platforms, and investors demand SOC 2 reports as proof of security maturity. Without one, your sales pipeline freezes and compliance questionnaires multiply. SOC 2 Type II—covering 6-12 months of control operation—is the gold standard that unlocks contracts. Praxis-Q's global delivery model, rooted in India's compliance expertise, ensures fast-track audits without cutting corners. We handle all five Trust Service Criteria, from Security and Availability to Privacy and Confidentiality, so you can confidently close enterprise deals.
SOC 2 Type I vs Type II: Which Do You Need?
Type I is a point-in-time design assessment, ideal for early-stage validation. Type II demands 6-12 months of evidence that controls operate effectively in production. Enterprise buyers almost always require Type II. Praxis-Q's phased approach—scoping, readiness, controls design, evidence collection, and independent CPA audit—compresses timelines without sacrificing rigor. Our 15-20 business day fast-track model means you're audit-ready sooner, accelerating revenue recognition and investor confidence.
All Five Trust Service Criteria Covered
SOC 2 audits assess Security (access controls, encryption, threat prevention), Availability (uptime, disaster recovery), Processing Integrity (accuracy, completeness of transactions), Confidentiality (data segregation, classification), and Privacy (personal data handling). Praxis-Q maps your architecture and processes to each criterion, identifying gaps early. Our evidence collection methodology—documentation, logs, interviews, testing—builds an audit-ready portfolio. By the time the independent CPA auditor arrives, controls are proven and documented, eliminating audit friction and delays.
Beyond SOC 2: SOC 1 & SOC 3 Reports
SOC 1 SSAE 18 reports serve financial reporting stakeholders and banking partners. SOC 3 public seals provide marketing differentiation without confidentiality restrictions. Praxis-Q's multi-report strategy lets you address diverse stakeholder needs from one compliance foundation. Coupled with HIPAA, ISO 27001, or GDPR audits, our integrated approach reduces audit fatigue and cost, streamlining vendor trust across regions.
Fast-Track SOC 2 Delivery: India + Global Advantage
Praxis-Q's distributed team—India HQ, global delivery—reduces bottlenecks and accelerates timelines. Our 15-20 business day fast-track USP means SOC 2 Type I reports in weeks, not months. Type II observation periods remain uncompressed (6-12 months compliance window), but audit execution and reporting happen at speed. Investor due diligence, procurement acceleration, and competitive advantage follow. Partner with Praxis-Q to transform compliance from a blocker into a revenue driver.
Related Services
Frequently Asked Questions
SOC 2 Type I vs Type II?
How long does SOC 2 take?
What is the difference between SOC 2 Type I and Type II?
How long does SOC 2 certification take?
What are the five Trust Service Criteria?
Do I need SOC 2 if I'm pursuing ISO 27001?
What does a SOC 2 report cost, and why is it important?
Can Praxis-Q support SOC 2 audits outside the US?
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