Compliance & Technical
What is SOC 2?
SOC 2 (System and Organization Controls 2) is an auditing standard developed by the AICPA that evaluates how a service organization manages customer data across five Trust Service Criteria: security, availability, processing integrity, confidentiality, and privacy.
Explanation
For accounting teams evaluating automation software, SOC 2 compliance is a key security criterion. Financial document processing involves sensitive data — vendor details, transaction amounts, banking information. A SOC 2-compliant vendor has been independently audited to verify their data security controls. SOC 2 Type I audits verify controls are designed correctly. SOC 2 Type II audits verify those controls operated effectively over a period of time (typically 6–12 months) and are a more meaningful certification. Enterprise accounting teams and CFOs typically require SOC 2 Type II compliance before approving a new automation vendor.
How Rima relates
Rima is built with enterprise-grade security including zero data retention and private data isolation. Visit trust.getrima.ai for security documentation.
View Rima's security practicesRelated Terms
Internal Controls
Policies and procedures designed to prevent errors, fraud, and ensure accurate financial reporting.
Audit Trail
A chronological record that traces every action taken on a document or transaction back to its source.
Audit-Ready
A state in which financial records are complete, traceable, and organized for external or internal audit.
See it in action
Rima automates the manual document workflows accounting teams spend hours on every week.