CoAdvantage Sucessfully Completes SSAE Type 2 SOC 1 Examination

CoAdvantage, a leading national provider of strategic human resource solutions for small to mid-sized companies and one of the nation’s largest privately held professional employer organizations (PEO), announced that it has successfully completed its Statement on Standards for Attestation Engagements (SSAE) Type 2 SOC 1 examination.

The SOC 1 examination is completed by an independent CPA organization and studies a company’s systems and processes to establish security and transparency between the company and its customers or stakeholders. The examination specifically reviewed controls that CoAdvantage has implemented to prevent, or to detect and correct, errors or omissions in the information that it reports.

HR Technology News: Diversified Medical Healthcare Acquires Mobile App for Employers to Easily Comply With Reinstated OSHA Mandate


“As one of the top PEOs in the nation, CoAdvantage is committed to transparency and will engage in a continuous SOC 1 process to provide our customers and stakeholders with a continued assurance and confidence in the company,” said Clinton Burgess, President & CEO of CoAdvantage. “The SOC examination is a valuable tool that promotes the company’s dedication to protecting our customers and stakeholders.”

The control objectives audited by the SSAE Type 2 SOC 1 examination addressed CoAdvantage and relate to:

  • Physical Security
  • Computer Operations
  • Information Security
  • Application Change Control
  • Data Communications
  • Client Set-Up
  • Payroll Data Input & Processing
  • Payroll Funding
  • Payroll Tax Filing & Changes
  • Enrollment & Plan Changes
  • COBA Processing

HR Technology News: Paychex Wins Two Brandon Hall Group Excellence in Technology Awards

By engaging an independent CPA to examine and report on CoAdvantage’s controls, the company has now obtained an objective, positive evaluation of the effectiveness of controls that it has in place to address operations and compliance, as well as financial reporting. The company has successfully completed the SOC 1 examination since 2015.

CoAdvantage is a leading Professional Employer Organization (PEO) that offers small and mid-sized businesses a comprehensive package of human resource solutions, enabling them to reduce their administrative burden and access affordable employee benefits. The company integrates payroll and tax processing, employee benefit plan administration, risk management, government compliance, and other human resources services into a single vendor solution that is exceptionally efficient and effective.

HR Technology News: 70% HRS Cite Flexibility of Work as the Topmost Reason for Resignations: GoodFirms Survey 2021

[To share your insights with us, please write to]