Tab Service Company received affirmation of its internal control over its TSC1099 application with the successful completion an independent examination and issuance of a Service SOC 2 Type II report. SOC 2 superseded the Statement on Auditing Standards No. 70 (SAS 70) in July 2011, and is related to internal control over data, compliance and regulatory concerns.
SOC 2 is a generally accepted auditing standard utilized by service organizations to demonstrate their internal controls and security practices to their clients. By completing the SOC 2 examination, Tab Service Company can now offer third-party verification of its significant control practices and operational procedures. Tab Service Company's SOC 2 examination focuses on the security, confidentiality and processing integrity of its TSC1099 application.
Conducting a comprehensive SOC 2 examination requires substantial financial and time investments and Tab Service Company considered the review a mandatory aspect of its continuing commitment to process improvement and commitment to safeguarding its customers' data.
"Completing our SOC 2 audit and getting a clean opinion is just one step we take to in our unwavering commitment to excellence in delivering superior data processing services to a wide customer base," said Bob Lambert, president of Tab Service Company.
The independent SOC 2 examination was conducted by Plante & Moran, PLLC (Plante Moran) a public accounting and consulting firm that evaluated and tested the company's internal operational controls and processes.
About Plante Moran Plante Moran is the nation's 11th largest certified public accounting and business advisory firms, providing clients with financial, human capital, operations, strategy, technology, and family wealth management services. Plante Moran, headquartered in Southfield, Michigan, has been recognized by a number of organizations, including FORTUNE magazine, as one of the country's best places to work. For more information please visit www.plantemoran.com.
About Tab Service Company Tab Service Company has provided accurate and dependable outsourcing solutions for organizations that require data capture, document scanning, forms processing, 1099 processing and data entry services since 1960. Tab Service Company, based out of Chicago, continuously invests in cutting-edge, market-leading systems and technology in order to serve a national customer base.