Cloud computing can be thought of as web-based tools or applications that users can access and use through a web browser as if the programs were installed locally on their own computers. Companies are increasingly seeking cloud service providers to reduce costs in their own business. By running applications through the cloud, a company can eliminate the costs associated with buying, maintaining, and securing the hardware to run the applications while maximizing the application’s potential to store data on remote servers. Cloud computing is also scalable, which is beneficial to fast growing companies who may need to ramp up staff quickly over the next several years. With so much emphasis and reliance on controls at the cloud computing provider, having a SSAE 16 or SOC 2 is not only recommended, but it is almost mandatory in today’s competitive marketplace.