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“I’ve been involved in more than 10 audits throughout different roles and this was by far the best experience I’ve ever had. The communication from start to finish and use of technology was fantastic.” 

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CASE STUDY
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The new wave of audit technology

How AssuranceLab’s AI-powered audit reshaped everything Lleverage.ai knew about SOC 2

INTRODUCTION  TO LLEVERAGE.AI
Lleverage.ai is the new wave in RPA (robotic process automation) technology.

They aim to help companies automate business processes through generative AI. Their platform is based on easy-to-use building blocks and allows the user to automate what once was a series of complex tasks.

STARTING THE SOC 2 JOURNEY

SOC 2 and compliance weren’t new concepts to Lennard Kooy, Founder and CEO at Lleverage.ai, who had been involved in numerous SOC 2 audits in previous software roles.
 
When asked why Lleverage.ai began the SOC 2 process, Lennard stated, “I knew that ISO 27001 and SOC 2 were enablers to work with bigger clients if you're a smaller company. And because the processes that we (Lleverage.ai) automate are often proprietary business processes that have proprietary information, we wanted to reassure clients that we are taking this seriously from the start,” he said.

DECIDING ON COMPLIANCE AND AUDIT PARTNERS

When it came time to start SOC 2, Lennard had already researched and signed with the compliance automation platform Drata. When they started looking for auditors, finding one that integrated with Drata was game-changing. Lennard was introduced to AssuranceLab by a partner firm currently completing the Lleverage.ai ISO 27001 audit.
 
“I've done a lot of audits in my previous companies, and you have a variety of auditors, the old school on one side and then the new wave on the other. It became apparent right from the start that AssuranceLab was on the new wave side, and this aligned with us.”

“I just felt how AssuranceLab approached SOC 2 was a much more efficient process. Not only for us to get through it but also just to get real insight on how everything works,” said Lennard.

THE TECHNOLOGY RESHAPING THE AUDIT PROCESS

AssuranceLab’s AI-powered audit technology integrated directly with Drata allowing for a seamless and efficient audit experience. By providing clear instructions on the different types of evidence and reducing the back and forth, the audit experience measured up (and exceeded) what Lleverage.ai expected from an audit firm.
 
Lleverage.ai was able to complete its SOC 2 audit alongside its ISO 27001 audit, achieving both ahead of schedule. This was possible due to the cross-over of the frameworks and the efficiency gained from doing both side-by-side rather than one after the other.

“From getting audit ready in Drata to assigning AssuranceLab, and then working through the evidence uploads and controls, it was quite a painless process, and I’m generally happy with it,” said Lennard.

IMMEDIATE BENEFITS

Lleverage.ai has already seen immediate benefits from their SOC 2 audit, having recently signed a client who needed all vendors to have a SOC 2 attestation. They can now use this as a point of differentiation during future sales processes, further proving their commitment to security.      

LOOKING TOWARDS THE FUTURE

As Lleverage.ai continues to strive for growth, it also has its eyes set on expanding to new frameworks and increasing the scope of its SOC 2 attestation. Further proving their security commitment. Alongside expanding their compliance, they have added new business processes to ensure they are continuously meeting the SOC 2 requirements.

RECOMMENDATIONS TO OTHER COMPANIES

When asked if Lennard and the team at Lleverage.ai would recommend the power of AssuranceLab and Drata to other software companies, he said, “Both wholeheartedly, working with you guys was a delight, so I would definitely recommend.”
 
He also gave advice to companies just starting their compliance journey. “I would absolutely recommend SOC 2 because I think it means a lot more for your security posture. It’s something you can embed into the company's culture and onboarding processes. If you are using a compliance platform, make sure you get 100% audit readiness for the controls, as this is a huge headstart on the audit process,” Lennard shared.

If you would like to experience the AssuranceLab difference yourself, contact our team: info@assurancelab.com.au 

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