Budget Planning

SOC 2 Costs & Budget Planning

Understand the true cost of SOC 2 compliance. From auditor fees to hidden expenses, plan your budget accurately and learn strategies to reduce costs without compromising quality.

The ROI of SOC 2 Compliance

SOC 2 is an investment that pays for itself through enterprise deals

85%

of enterprise buyers require SOC 2 before purchase

40%

faster sales cycles with SOC 2 certification

3-6x

deal size increase when selling to enterprise

60%

reduction in security questionnaire time

Type I vs Type II Cost Breakdown

Type I Audit

Point-in-time assessment

2-4 months

Auditor Fees

Depends on scope and firm

$7,500 - $25,000

Compliance Platform

Optional but recommended

$5,000 - $15,000/year

Gap Remediation

Policies, tools, training

$5,000 - $30,000

Internal Time

Team preparation effort

100-300 hours
Total Estimated Cost$15,000 - $50,000

Best for: Startups needing quick compliance proof for sales deals

Type II Audit

Operating effectiveness over time

6-12 months

Auditor Fees

More testing required

$15,000 - $50,000

Compliance Platform

Continuous monitoring

$10,000 - $50,000/year

Gap Remediation

Full implementation

$10,000 - $75,000

Observation Period

Operating controls

3-12 months

Internal Time

Ongoing evidence collection

300-800 hours
Total Estimated Cost$35,000 - $150,000+

Best for: Enterprise sales, regulated industries, mature startups

Cost by Company Size

Your costs will vary based on company size, complexity, and existing security posture. Use these estimates as a starting point.

🌱

Seed Stage

1-10 employees

Type I

$15,000 - $25,000

Type II

$35,000 - $60,000

Timeline: 3-6 months
Start with Type I to unblock sales
Use founder time instead of hiring
Leverage automation platforms
Focus on Security criteria only
🚀

Series A

11-50 employees

Type I

$20,000 - $40,000

Type II

$50,000 - $100,000

Timeline: 4-8 months
Hire part-time compliance lead
Implement compliance from day one
Budget for annual renewals
Consider Security + Availability
🏢

Series B+

51-200 employees

Type I

$30,000 - $50,000

Type II

$75,000 - $150,000

Timeline: 6-12 months
Dedicated compliance team needed
Multi-framework strategy (ISO, HIPAA)
Enterprise platform investment
All 5 Trust Service Criteria
🏛️

Enterprise

200+ employees

Type I

$40,000 - $75,000

Type II

$100,000 - $250,000+

Timeline: 9-18 months
Multiple business units/scopes
Global compliance requirements
Dedicated GRC team
Continuous compliance program

Hidden Costs to Budget For

Don't forget these often-overlooked expenses

Employee Time

Engineering, IT, HR, and leadership hours spent on compliance activities

$20,000 - $100,000

💡 Track time spent to budget accurately for renewals

Tool Upgrades

MDM, SSO, endpoint protection, logging tools you may need to add

$5,000 - $50,000/year

💡 Audit your current stack before starting

Training Programs

Security awareness training for all employees

$1,000 - $10,000/year

💡 Required annually, budget ongoing costs

Penetration Testing

Annual third-party security assessment

$5,000 - $30,000/year

💡 Required for most SOC 2 scopes

Policy Development

Legal review and policy documentation

$2,000 - $15,000

💡 Use templates to reduce legal costs

Remediation Rush

Last-minute fixes discovered during audit prep

$5,000 - $50,000

💡 Start early to avoid emergency spending

Strategies to Reduce Costs

Smart approaches to achieve compliance without breaking the bank

Use Automation Platform

Save 40-60%

LowerPlane and similar tools reduce manual effort by automating evidence collection

Start with Type I

Save 50-70%

Get certified faster, upgrade to Type II after initial deal closes

Limit Initial Scope

Save 30-50%

Start with Security only, add criteria as customer requirements grow

Use Policy Templates

Save $5,000-15,000

Pre-built policies reduce legal review and writing time

Bundle with Auditor

Save 10-20%

Multi-year contracts or multi-framework bundles offer discounts

Internal Readiness First

Save 20-40%

Complete self-assessment before engaging auditor to reduce billable hours

Get a Custom Cost Estimate

LowerPlane can provide a personalized cost estimate based on your company size, tech stack, and compliance goals. See how automation can reduce your total cost by 40-60%.

Quick Estimate

Small startup$15K - $40K
Growth stage$40K - $100K
Enterprise$100K - $250K+

* First year Type II estimates including platform and auditor

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