Lumoar has introduced a free tool designed to assist SaaS startups in achieving SOC 2 compliance, a critical requirement for organizations that handle customer data. The tool aims to streamline the process by centralizing policy documentation and audit responses, theoretically saving time and resources for startups. However, some industry professionals express skepticism, stressing that simply having these documents may not eliminate the need for formal audits or comprehensive compliance checks. There are ongoing concerns that compliance remains heavily ritualized and that tools like Lumoar may not fully address the complexities involved in proving compliance.