Field Materials has completed independent SOC 1 Type 1 and SOC 2 Type 2 examinations, giving contractors outside verification of the controls protecting their financial records and data. The AI platform handles more than $2.5 billion in construction material purchases a year. Customers can request both reports through the company's Security Portal.
CHARLOTTE, N.C., Sept. 23, 2026 /PRNewswire-PRWeb/ -- , the leading AI platform for construction procurement, AP automation, and inventory management, has completed independent SOC 1 Type 1 and SOC 2 Type 2 examinations. The platform manages more than $2.5 billion in material purchases annually.
"Construction is moving from software that simply records work to AI that carries it out," said Victor Gane, co-founder and COO of Field Materials. "When that work touches purchasing and financial records, trust isn't optional."
The two audit reports follow standards established by the American Institute of Certified Public Accountants (AICPA) and address two types of risks. The SOC 1 Type 1 confirms Field Materials' controls for customers' financial reporting are designed correctly at a specific point in time. The SOC 2 Type 2 is more rigorous -- auditors observe the company over many months to confirm its security controls hold up in practice.
Contractors need more than assurances when it comes to their financial records and sensitive data. SOC 1 and SOC 2 reports give them an independent assessment of Field Materials' controls. These audits give purchasing, finance, and IT teams the confidence to trust AI with their daily work.
Field Materials serves contractors across the United States, Australia, Canada, Ireland, and the United Kingdom. Its customers include Swinerton, Teichert, Dynamic Systems, Superior Group, and Big-D.
"AI will take on a much larger role in automating the operations of construction companies, but only if contractors trust it. We're building Field Materials to earn that trust," Gane said.
Customers and prospective customers can request access to the reports through Field Materials' Security Portal. ()
About Field Materials
Field Materials is the leading AI platform for construction procurement, AP automation, and inventory management. Its AI agents automate data entry and workflows across purchasing, inventory, accounts payable, and prefabrication. The platform integrates with leading construction ERPs.
Founded in 2022 and headquartered in Charlotte, North Carolina, Field Materials has raised more than $21 million in total funding.
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SOURCE Field Materials AI
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