Armanino LLP (“Armanino”), a top 20 consulting and accounting firm, is proud to announce the launch of Audit Ally, a cutting-edge, proprietary tool designed to automate and improve the efficiency of Service Organization Control 2 (SOC 2) examinations for both the client and the auditor. Audit Ally is the first-of-its-kind SOC 2 tool directly engineered by an accounting firm, designed to integrate into any SOC 2 engagement and improve automation and reporting capabilities.
Audit Ally was conceptualized and built in-house by Armanino’s product and innovation division, led by AJ Yawn, a seasoned cloud security professional with significant senior-level information security experience. Designed to resolve the many headaches that arise during the traditional SOC 2 process, Audit Ally blends Armanino’s distinct capabilities in software development and cyber compliance. From data collection under a centralized dashboard to audit process transparency, Audit Ally will make sourcing disparate data sets, tracking down specific compliance data, and slow reporting a thing of the past. Further, because Audit Ally is a tool designed to seamlessly integrate into Armanino’s SOC 2 examination process, it removes the reliance on third-party applications, which often results in inefficiency and difficulties in integration or outright rejection from auditors.
“Armanino prides itself on not just looking around the curve and anticipating the future, but building it, and Audit Ally is a prime example of how we innovate,” says Matt Armanino, CEO of Armanino. “By pairing our software development talent with our assurance expertise, we’re able to develop proprietary tools that we believe will be a game-changer for SOC 2 compliance auditing, helping clients save time while allowing auditors to produce high-quality reports.”
In today’s digital, data-heavy world where information security is more important than ever, SOC 2 compliance serves as a cornerstone of trust for companies that handle private data. SOC 2 technology, until now, has been developed by experts in software engineering and often lacked the fundamental understanding of the highly-technical examination process, creating friction for companies required to achieve SOC 2 compliance. Now, with Audit Ally, clients will have access to a built-in tool to complement existing SOC 2 engagements with Armanino that will support the following:
- Simplified, Automated Data Collection: Audit Ally’s workflow automation will streamline tasks like control monitoring and audit reporting, eliminating manual processes and allowing businesses to focus on core priorities.
- Centralized, Transparent Dashboard: Clients will be able to access a central hub for their company’s security and compliance data, have access to real-time data security statuses, engage in two-way communication for on-the-spot issue resolution, and centralize their documentation.
- Full-Cycle Support: Audit Ally improves the SOC 2 readiness process, adding clarity to a traditionally confusing process, and allows for Type 1 and Type 2 examinations to be completed faster and with less operational disruption in future audits as well.
“Preparing readiness and leading SOC 2 examinations is a difficult and important job, and Audit Ally vastly improves their experience while enhancing quality further,” says AJ Yawn, Partner-in-Charge, Product & Innovation for Armanino. “With Audit Ally, we will deploy further updates to the technology that will only improve the service clients receive and we see this as a long-term technological advancement for the industry, meaning this is just the start.”
Audit Ally ensures a seamless blend of advanced technology and expertise for SOC 2 compliance that allows clients to deliver the assurance your customers and key stakeholders demand and deserve.
To learn more about Audit Ally click here.
About Armanino LLP
Armanino LLP is one of the 20 largest independent accounting and business consulting firms in the nation. A certified B Corporation®, Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino is an independent member firm of Moore North America Inc. (MNA), which is itself a regional member of Moore Global Network Limited (MGNL), one of the world’s major accounting and consulting membership organizations. All the firms associated with MNA and MGNL are independent entities, owned and managed in each location. Their membership in, or association with, MNA or MGNL should not be construed as constituting or implying any partnership between them. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (amfmediagroup.com), a media and communications services agency.
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