SalesTech Star

Spherexx Optimize Announces Completion of Type II SOC 1 Audit

Serving Multifamily Revenue Management Companies Since 2012

Service Organization Controls (SOC) reports require a high standard of operational best practices for providing comprehensive visibility and protection against cyber threats when an entity’s services impact a user entity’s financial reporting. Spherexx Optimize’s SOC 1 Audit was conducted by Linford & CO LLP.

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The examination encompassed sixty-nine controls of crucial review and testing including business processes and information technology, environment control, risk management, information security, change management, backup and recovery, problem management, platform reporting, data transmission, cyber security, surveillance monitoring, and physical security.

Spherexx Optimize, formerly known as®, provides optimized pricing, asset stabilization, advanced integrations with popular property management software providers, dedicated account management and revenue management consulting for the multifamily industry. Clients include conventional garden and mid-rise, high-rise construction, buildings under construction, rent control, bond, and tax credit financed, and workforce housing communities.

“It’s been a pleasure working with the Spherexx Team through the audit process. We have been able to deliver a clean opinion and look forward to a long-lasting relationship with Spherexx as they maintain their SOC 1 compliance for years to come,” said Olivia Refile, CISSP, CISA, Linford & CO LLP.

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