LBMX Achieves SOC 2 Type 1 Certification

January 15, 2024

LBMX Inc. is proud to announce that it has successfully achieved System and Organization Controls (SOC) 2 Type 1 certification in accordance with the standards established by the American Institute of Certified Public Accountants (AICPA).

SOC 2 is a technical auditing process conducted by independent auditors to measure the security of an organization’s unique data processing systems, and determine whether effective safeguards and controls are in place. LBMX has always maintained strict information security policies and procedures, encompassing the security, availability, processing, integrity, and confidentiality of customer data. SOC 2 independently validates that these strict measures are in line with the unique parameters of today’s cloud requirements.

LBMX decided to pursue SOC 2 certification to demonstrate its commitment to its customers that it takes data security seriously. “Protecting customer data is our number one priority,” says Tony Feuz, Chief Technology Officer at LBMX. “We value the trust our customers place in us. Our SOC 2 certification shows that we are always up to date and beyond in compliance with industry standards and best practices.”

As LBMX continues to innovate the way independent businesses and their trading partners do business, the company is committed to investing in additional security and building upon the high standards put in place to support their customers’ needs.

LBMX offers a business-to-business marketplace platform, helping independent businesses, their buying groups, and suppliers buy better and sell more. Its Private Group Marketplace for Groups has transformed billing and ordering, rebate management, real-time analytics, e-commerce and product information management across the building materials, HVAC, plumbing, sporting goods, industrial supply, manufacturing, and agricultural industries. Its LBMX Supply Cloud platform allows suppliers to look at their industrial distribution customers through one lens, offering full EDI, PIM, Analytics and Payments.

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