Field Materials Completes Critical AI Audits

CHARLOTTE, N.C., Sept. 23, 2026 /CourierPR/ -- Field Materials, the leading AI platform for construction procurement, AP automation, and inventory management, has recently completed independent SOC 1 Type 1 and SOC 2 Type 2 examinations. These audits, which are critical for ensuring the security and integrity of financial records and data, have been completed to provide contractors with independent verification of the controls protecting their sensitive information.

The SOC 1 Type 1 audit, which confirms that Field Materials' controls for customers' financial reporting are designed correctly at a specific point in time, and the SOC 2 Type 2 audit, which is more rigorous and involves auditors observing the company over many months to confirm its security controls in practice, both address the two types of risks associated with construction procurement and financial data.

The AI platform manages more than $2.5 billion in construction material purchases annually, and customers can now request both SOC 1 and SOC 2 reports through the company's Security Portal. These audits have given contractors outside verification of the controls protecting their financial records and data, providing them with the assurance they need to trust AI with their daily work.

Victor Gane, co-founder and COO of Field Materials, emphasized the importance of trust in the AI-driven construction industry.

Field Materials, headquartered in Charlotte, North Carolina, has raised more than $21 million in total funding since its founding in 2022. The company serves contractors across the United States, Australia, Canada, Ireland, and the United Kingdom, including major players such as Swinerton, Teichert, Dynamic Systems, Superior Group, and Big-D.

The completion of these audits underscores Field Materials' commitment to building trust with its customers.

The SOC 1 and SOC 2 reports are now available through the company's Security Portal, allowing customers to easily access these independent assessments of Field Materials' controls. This move not only bolsters the company's reputation but also empowers its customers to make informed decisions about the use of AI in their operations.

Field Materials' AI platform is designed to automate data entry and workflows across purchasing, inventory, accounts payable, and prefabrication, integrating seamlessly with leading construction ERPs. The company's focus on AI-driven solutions is part of its broader strategy to transform the construction industry, making it more efficient and data-driven.

The completion of these audits marks a significant milestone for Field Materials, reinforcing its position as a leader in the AI-powered construction procurement space. As the industry continues to evolve, the company's commitment to transparency and security is essential for maintaining the trust of its customers and driving innovation in the sector.