Proof & Trust

Proof & Trust: Automated Vendor Risk Assessment

Proof & Trust is an innovative, automated tool designed to revolutionize vendor risk assessment. By leveraging AI and a meticulously crafted algorithm, it enables businesses to obtain rapid and thorough risk assessments, reducing reliance on costly experts and manual processes.

What is Proof & Trust?

Proof & Trust is the world's first automated solution for vendor risk assessment, aimed at simplifying and accelerating the process of evaluating the cybersecurity risks associated with third-party vendors. It provides actionable insights in minutes, allowing businesses to streamline their risk management efforts.

How does Proof & Trust work?

The tool employs a sophisticated algorithm, refined over six years and enhanced with AI, to analyze vendor-provided evidence and responses to a straightforward questionnaire. The process unfolds in four key steps:

1. Vendor Assessment: Vendors complete a 32-question assessment, providing evidence related to their operations, compliance, and security measures.
2. Rapid Response: The intuitive interface allows vendors to complete the assessment quickly, with 95% finishing in under 30 minutes.
3. Advanced Analysis: The AI-powered algorithm rigorously analyzes the submitted data, identifying potential risks, vulnerabilities, and compliance gaps.
4. Actionable Insights: Businesses receive a comprehensive report with clear recommendations, facilitating informed decisions and proactive risk management.

Key Features and Benefits:

• Speed and Efficiency: Get vendor risk assessments in as little as 30 minutes, significantly reducing assessment turnaround time.
• Cost Savings: Eliminate the need for expensive external consultants with a cost-effective automated solution.
• User-Friendly Interface: Designed for users of all technical skill levels, Proof & Trust simplifies the risk assessment process.
• Customizable and Scalable: Easily adjust risk assessment processes to meet the evolving needs of your growing business. It works for every industry, for any company size.
• Flexible Options: Choose from pay-as-you-go or customized subscription plans without long-term commitments.
• 24/7 Availability: Access the solution anytime, anywhere.

Who is Proof & Trust for?

Proof & Trust is ideal for businesses of all sizes and across various industries that rely on third-party vendors and need to efficiently manage vendor risk. It is especially beneficial for:

• Companies seeking to reduce cybersecurity risks associated with vendors.
• Organizations looking to streamline their third-party risk management processes.
• Businesses aiming to save costs on vendor risk assessment.

Why is Proof & Trust important?

Effective vendor risk management is crucial for maintaining a strong security posture and protecting sensitive data. Proof & Trust empowers businesses to proactively identify and mitigate risks associated with their vendors, ensuring compliance and preventing potential breaches. It helps organizations avoid the common challenges of:

• Long waiting times for vendor risk assessments.
• Incomplete risk assessments due to limited expertise.
• High costs associated with hiring external consultants.
• Difficulty adjusting risk assessment processes to business growth.
• Being locked into inflexible, long-term contracts.

How to use Proof & Trust?

1. Sign up for a free demo.
2. Add your vendor to the platform.
3. The vendor receives a link to complete the assessment.
4. Review the comprehensive risk assessment report and actionable insights.

FAQ Highlights:

• Is my data secure? The platform adheres to the highest industry standards and security measures.
• Do I need technical expertise? No, the solution is designed to be user-friendly for non-technical users.
• How accurate is it compared to traditional methods? The AI-powered algorithm provides thorough and accurate analysis.
• Can I customize the assessment process? Yes, the process is designed to scale and adapt for every industry and company size.

Get Started Today

Stop wasting time with spreadsheets and complex manual processes. Streamline your vendor risk assessment with Proof & Trust and gain instant access to vendor risk intelligence. Sign up for a free demo to see how Proof & Trust can simplify your workflow and accelerate your business growth.