By obtaining and reviewing ADP’s SOC 1 report, you effectively "bridge the gap." You are relying on the independent auditor’s opinion that ADP’s controls are effective, allowing you to sign off on your own financial controls.
For many, this request triggers a frantic search through inboxes or a call to ADP support. But what exactly is this document? Why is it so critical for your organization’s financial health? And once you have it, what are you supposed to do with it? adp soc 1 report