SOC for Supply Chain

Primary Contact: Eric M. Wright CPA, CITP

SOC for Supply Chain - report on an entity’s system and controls to enable users to better understand and manage the risks arising from business relationships with their supplier and distribution networks.

The AICPA has developed a reporting framework to foster greater transparency in the supply chain to help organizations and their customers and business partners identify, assess, and address supply chain risks.  This report helps organizations communicate certain information about the supply chain risk management efforts and assess the effectiveness of system controls that mitigate those risks.

SOC for Supply Chain would deliver an advantage when competing for work with user entities, manufacturers, or producers, and can demonstrate to users a company’s commitment to keeping data secure and meeting performance metrics.

Additional SOC Services

SOC Resources

About Schneider Downs SOC Services

Schneider Downs employs a unique approach to SOC reports, integrating the expertise of information technology, internal audit and external audit professionals. By combining cross-disciplinary knowledge and project management expertise, we are able to effectively deliver on our clients' expectations. If you are interested in learning how we can assist your organization, please contact us to get started or learn more about our practice at www.schneiderdowns.com/soc.

Does your organization need a system and organization controls (SOC) report?

case studies
 
                                    Company impacted by ransomware.
big problem:
Company impacted by ransomware.
big thinking:
Restore system on-site and avoid six-figure ransom.
 
                                    Inefficient tax credit realization.
big problem:
Inefficient tax credit realization.
big thinking:
Identified a $900,000 tax credit, nearly twice as much as prior years.
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