Agiloft, the global standard in agile contract lifecycle management (CLM), announced that the security and access controls that protect its no-code CLM platform and users have achieved a Service Organization Control (SOC) 1 Type 2 security certification. Having also received its ISO 27001:2013 certification earlier this year (2023), today’s certification confirms Agiloft’s security management protocols and access controls continue to meet today’s highest international security standards and provides further recognition of Agiloft’s enterprise-class CLM security and ongoing commitment to protecting customer data at all levels.
“Protecting our users and their data is Agiloft’s number one priority,” said Noe Ramos, Agiloft’s Vice President of Operations, Center of Excellence, and IT & Security. “Achieving ISO 2700:2013 certification in July and completing our SOC audit demonstrates our ongoing commitment to maintaining the highest level of security for our clients. However, it doesn’t stop there, and our team continues to work tirelessly to make sure that every part of Agiloft’s platform, infrastructure, and wider organization implements the security practices necessary to provide enterprise-class security to our customers.”
Agiloft’s SOC 1 Type 2 Security Certification was awarded by the American Institute of Certified Public Accountants (AICPA) following successful completion of an independent SOC 1 audit, which was conducted June through August 2023 by leading compliance assessor A-LIGN, an independent technology-enabled security and compliance partner trusted by more than 4,000 global organizations to help mitigate cybersecurity risks. Established by the AICPA, SOC 1 is an examination of controls related to financial reporting. As an evaluation of the internal controls an organization has in place, a SOC 1 audit reviews how organizations protect client data.
Agiloft’s CLM allows legal, procurement, and sales departments to take back control of their contract management processes by automating operations, reducing risk, cutting costs, and driving revenue. Agiloft is changing how those teams work—for the better—by taking a fundamentally different approach to contract management, one that offers adaptability, quick deployment, a customer-designed approach, AI and automation capabilities, scalability, and more without compromising on security or access control.
