A Proactive Approach to Third-Party Risk using AI
Our AI-powered Third-Party Risk Management (TPRM) solution and service offers a proactive and automated approach to managing vendor risks. Instead of relying on time-consuming manual processes, the service leverages AI to analyze vast datasets, including public records, news, and vendor documents, to identify and score potential risks before you even send a questionnaire.
Get Answers Without Asking Questions
Our solution detects vendor risks before engagement.
The solution in-built AI analyzes vast amounts of public and private data—including news articles, financial reports, and regulatory filings—to proactively identify risks associated with a vendor before you even send them a questionnaire. This means you can gather crucial insights without any manual outreach.
Expert-Level Analysis Based on Vendor Documents
Our AI enabled solution extracts gaps, findings, summarizes vendor documents.
Our AI enabled system uses the power of AI to intelligently read and analyze vendor-provided documents such as SOC 2 reports, security questionnaires, and audit findings. It can quickly extract key findings, identify potential gaps, and summarize critical information that would typically require hours of expert review.
Auto-Grading and Auto-Scoring
Automated vendor assessments with scoring.
Our Ai enabled solution automates the vendor risk assessment process by automatically grading and scoring vendor responses and documentation. We can compare the vendor's profile against your security standards and compliance requirements, providing an immediate, objective score that allows for rapid prioritization and decision-making.
Full Automation of Ongoing Tasks and Workflows
Automated vendor lifecycle with continuous monitoring.
Our AI enabled solution creates dynamic, automated workflows to manage the entire vendor lifecycle. This includes sending out recurring assessments, tracking deadlines, and automatically escalating issues based on risk scores. This ensures that third-party monitoring is continuous and efficient.
Accurate and Timely Remediation
We recommend tailored remediation for risks
When a risk is identified, our solution can recommend the most effective remediation steps based on the specific risk and the vendor's profile. Using our system and AI enablement, we can provide a clear, actionable plan that helps you address compliance gaps and vulnerabilities accurately and in a timely manner, reducing potential exposure.
Proactive TPRM: Know Your Vendors, Eliminate Your Risk
TPRM solution automates the entire vendor risk lifecycle, from proactive risk discovery to continuous monitoring, so you can make informed decisions and secure your supply chain with confidence.
Third Party Risk
Case Studies
Case Study – SOC 2
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