Four Years Strong: Renewing Our SOC 1 Certification (And Why It Matters to You)

Sarah Drakard · Head Of Operations, Canopy
2 min read · 31 Jul, 2025

We’re proud to share that we’ve successfully achieved our SOC 1 Type 2 certification for the fourth consecutive year.
While we don’t usually make a lot of noise about our internal processes, this milestone is worth a moment of reflection – because it’s not just about us. It’s about the trust our customers place in us every single day to handle critical supplier management operations with security, reliability and transparency.
What Is SOC 1 (and Why Should You Care)?
SOC 1 (Service Organization Control 1) is an independent audit that assesses the internal controls of service providers, particularly those that could impact a customer’s financial reporting. In simpler terms: it’s proof that we’re doing what we say we do, and that our processes are built to meet rigorous standards of operational integrity and risk management.
This matters especially in the supplier orchestration space, where workflows often touch procurement, finance and compliance teams. If our platform doesn’t perform as expected, it could have a ripple effect across your organization. SOC 1 helps assure you that the controls behind our software are sound – and that we’re continuously investing in doing things the right way.
Why This Sets Us Apart
We know we’re not the only supplier management solution out there. But here’s what makes this milestone meaningful:
- Consistency in Compliance: Earning this certification for four years in a row speaks to the maturity of our internal systems and the repeatable reliability of our operations – not just a one-time effort.
- Built for Trust: Our platform supports critical supplier processes. That means our customers need to trust not only our product, but the way we run our business. This certification helps validate that trust.
- Customer-Focused Transparency: SOC 1 is more than a badge – it’s a demonstration of our commitment to transparency, accountability and continual improvement on behalf of our customers.
Looking Ahead
We see compliance not as a checkbox, but as a core part of delivering a world-class product. As we continue to grow and evolve, so will our standards – and we’ll keep holding ourselves accountable so you don’t have to.
Thanks to our customers and partners for your continued trust. We’ll keep earning it.
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