Tekmetric Achieves SOC 2 Compliance, Gold Standard in Security Compliance

Josh Schumack

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May 24, 2024

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Read time: 3 min

Considered the “gold standard” in security compliance, this certification is awarded in accordance with the American Institute of Certified Public Accountants (AICPA) standards for SOC for Service Organizations, also known as SSAE 18.

As one of the first auto repair shop management systems to achieve SOC 2 compliance, Tekmetric is well-positioned to continue safeguarding sensitive information for both auto repair shops and their valued customers.

Understanding SOC 2 Compliance for Auto Repair Shops Partnering with Tekmetric

This achievement represents Tekmetric’s commitment to the highest standards of data security and customer trust. Auto repair shops partnering with Tekmetric can remain assured of:

1. Fortified Data Protection

Tekmetric has implemented robust measures to ensure the highest level of security for its partner shops and their customers, including customer data, service records and other crucial information.

2. Customer Confidence

Shops can assure customers that their sensitive information is protected by top-tier security practices.

3. Industry-leading Standards

SOC 2 compliance indicates that Tekmetric exceeds industry standards, setting a precedent for excellence in the auto repair industry.

Our Dedication to Security and Transparency

"Tekmetric’s achievement of SOC 2 compliance is a significant leap forward in our commitment to securing not just data but the trust of our valued auto repair partners and their customers,” said Sunil Patel, CEO of Tekmetric.

“This certification is a testament to the meticulous steps we've taken to fortify our system, ensuring the information entrusted to us remains in the safest hands possible. Our customers can continue to operate with the confidence that their data – and by extension their customers' data – is shielded by the most advanced security protocols available."

Tekmetric’s SOC 2 compliance was determined in an audit led by Prescient Assurance, a leader in security and compliance attestation for B2B, SAAS companies worldwide.

Prescient Assurance is a registered public accounting in the US and Canada and provides risk management and assurance services which includes but is not limited to SOC 2, PCI, ISO, NIST, GDPR, CCPA, HIPAA, and CSA STAR.

Learn more about Tekmetric's security stands here.

👉 Ready to grow your automotive business? [Book a personalized Tekmetric Demo Here]

FAQ

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Smart Jobs is a revolutionary new way to build jobs in Tekmetric with just one click. Shop management software, at its core, is meant to help you build jobs, and we wanted to streamline that process as much as possible. So that’s what we did!

Your typical repair order may have one or more jobs packaged together. Usually that requires a lot of clicking around to find the right labor rates, and the right parts, sourcing the parts you don’t have, and applying the right markup matrices, over and over again.

That means an extra click for every single step. If you ask us, that’s too many clicks.

The reality is that all shop management systems require far too many actions for what really should be a one-click process. 

When we set out to create Tekmetric, we set out to revolutionize the independent auto repair industry. We wanted to simplify, yet maximize the work your shop does.

We’re certain you’ll love how much Smart Jobs does just that.

"Smart jobs is a must have, it'll speed up your service writing by a huge amount.” - Chris Chagnon, COO at the Cardinal Plaza Shell

Tekmetric just revealed two new tools to help shops win more customers and run a more efficient front desk. Get the full story. Watch the on-demand webinar now.

Generating new business in auto repair is hard. The industry is projected to grow just 2% over inflation annually over the next five years. The average American has 15 auto repair shops within 10 miles of their home, according to Tekmetric's internal data, meaning competition for every new customer is fierce. And across multiple industry surveys, roughly two-thirds of drivers say they don't fully trust their local repair shop — making it that much harder to win them over. The result: only one in 10 shops both grows and hits profit margins of 20% or higher. 

"We know the competition to win new customers is fierce,” said Lauren Langston, president and COO, Tekmetric. “That means we need the right strategies and the right tools in order to do it."

Tekmetric's data shows that winning shops consistently focus on four outcomes: car count, average repair order (ARO), driver experience, and cycle time. Two new Tekmetric products — Tekmetric Digital Ads and Tekmetric Phones — are built to move the needle on all four.

Tekmetric Digital Ads

Winning new customers starts with being found. Tekmetric Digital Ads is an AI-powered add on that helps your shop show up where high-intent drivers are already searching for auto repair on Google Maps and Apple Maps. Because it connects directly to Tekmetric, you can see exactly how your ad spend translates into real revenue, not just clicks.

"It's really hard to see what's working. One of the superpowers of this product is that it's connected directly with Tekmetric," said Jared Haleck, chief product officer, Tekmetric.

Tekmetric Digital Ads is in early access now and rolling out to selected customers.

Tekmetric Phones

Every missed moment at the front desk has a cost. Tekmetric Phones gives your service advisors the customer context they need — instantly, the moment the phone rings — so they can spend less time looking things up and more time taking care of customers.

"Service advisors especially are loving it,” Haleck said. “It just saves them so much time. It creates so much convenience for them.”

Tekmetric Phones is in beta, available for customers on RingCentral.

Watch the On-Demand Webinar

Langston and Haleck walked through all of it — the industry data, live product demos, and what's coming next — in their webinar, "Building for the Results-Driven Repair Shop."

The recording is available now. If you want to see exactly how these tools work and what they can do for your shop, this is the place to start.

How Winning Auto Repair Shops Stay on Top

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If your shop isn't using at least one mark up matrix to get the most out of your parts sales, then you might be leaving a lot of money on the table.

In fact, auto repair shops have an amazing opportunity to maximize their profit margin on parts sales in particular. Especially when you consider the tools available to support and simplify the entire process. Gone are the days of using pen and paper or busting out the calculators.

Cloud-based shop management systems have made it easier than ever to not only manage your shop, but really get the most value out of the work you're already doing.

Using a parts matrix in particular is one of the most important aspects in making sure your shop is profitable. By building streamlined process for marking up parts, shops can ensure grow your shop’s profit margin while staying fair to customers.

How to Use an Auto Parts Markup Matrix to Maximize Your Shop’s Gross Profit

October 19, 2023

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