Third-party risk teams face a growing challenge. As the volume and complexity of third-party assessments increases, so does the burden of reviewing evidence. Documents such as SOC 2 reports, SIG questionnaires, and internal security policies must be analyzed in detail before a third party can pass a yearly review cycle. While these documents are critical […]
When you use manual processes, third-party risk management (TPRM) can soak up valuable time and money—on both sides of the assessment equation. Where risk managers can get stuck spending hour after hour evaluating documentation, third parties can get bogged down responding to queries. Without the right technology, this leads to a more expensive process that […]
As AI technology advances, security leaders in third-party risk management (TPRM) face a stress-inducing choice: embrace AI to streamline and strengthen their programs or risk falling behind. While hesitation toward adopting new technology is understandable, especially in risk management, where new technology can come with detrimental security risks, AI can offer significant benefits to TPRM […]
AI-powered InfoSec teams do more consistent work on a faster timescale, onboarding new suppliers quickly without sacrificing security.
AI-powered Procurement teams do more consistent work on a faster timescale, onboarding new suppliers without losing hours on tedious, time-consuming processes and reviewing policies at a greater level of consistency than was possible before.