Nextep Proudly Maintains SOC 1®, Type 2 Standards

Beth Dean 01.26.25
Graphic - Blog 2025-01-01 SOC 1 Type 2 Nextep

Nextep Proudly Maintains SOC 1®, Type 2 Attestation

Nextep has proudly upheld SOC 1®, Type 2 standards for several consecutive years. This attestation is crucial as it evaluates the effectiveness of controls that impact users’ financial reporting. To achieve it, Nextep collaborated with a third-party CPA firm known for its expertise in audit processes, then repeated audits annually. This accomplishment underscores Nextep’s dedication to maintaining high industry standards.

The SOC 1®, Type 2 audit is rigorous and proves the security and integrity of their data. It ensures that Nextep’s operational procedures and controls are robust, safeguarding client information and ensuring professional service delivery. This level of assurance is vital for clients who rely on Nextep for their business needs.

For Professional Employer Organizations (PEOs) such as Nextep, it demonstrates our commitment to strong internal controls over financial reporting. Conducted by an independent auditor, SOC 1 Type 2 verifies that a PEO’s systems and processes are designed and operating effectively to safeguard client financial data. For Nextep’s PEO clients, this offers significant assurance. Their sensitive financial information, such as payroll and tax data, is handled meticulously and accurately. Essentially, it builds trust and provides peace of mind. It proves that as your PEO, Nextep maintains a high level of financial integrity and reliability.

Elevating and Enriching Through Trust

Brian Fayak, Nextep’s founder and CEO, emphasized the importance of data protection in delivering exceptional service. “Elevating and enriching the lives of our clients is what we do at Nextep every day, and protecting their data is crucial to providing them the exceptional service they’ve come to expect from us.” The SOC report is a testament to Nextep’s unwavering commitment to client well-being and trust.

In addition to the SOC 1®, Type 2 attestation, Nextep holds other significant accreditations, including the Employer Services Assurance Corporation (ESAC) and Certified Professional Employer Organization (CPEO) designations. These credentials reflect Nextep’s commitment to transparency and integrity, which are essential qualities for any PEO partner.

As Nextep proudly showcases its ongoing SOC designation, clients can feel assured that we manage their information with the utmost care and efficiency. Nextep remains focused on placing client trust at the core of its operations. Upholding these standards is a further demonstration of our dedication to transparency and enhancing the lives of those we serve.

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