Auditive: Revolutionizing Third-Party Risk Management
Auditive is a cutting-edge Third-Party Risk Management (TPRM) platform that is changing the way businesses handle risk. With continuous monitoring capabilities, it empowers both buyers and sellers to engage with confidence.
The platform offers a range of benefits. For buyers, it enables them to evaluate their sellers' risk posture more efficiently. They can continuously monitor their risk across the entire vendor portfolio, gain near-instant visibility into third-party risk, and increase responses from vendors by 35%. Sellers, on the other hand, can skip the cumbersome process of completing old-fashioned questionnaires and focus on high-value initiatives. The platform automates 80% of reviews for both sides, saving time and effort.
One of the key features of Auditive is its ability to build relationships between buyers and sellers. It provides a network that supports continuous monitoring, allowing for real-time notifications of changes in sellers' risk posture for buyers and enabling sellers to communicate the information they want, when they want, while avoiding unnecessary questionnaires.
Auditive also allows for evaluation of risk across any framework, helping businesses understand their true seller risk using recommended frameworks for their industry. This ensures that businesses can make informed decisions and manage risks effectively.
In conclusion, Auditive is a game-changer in the field of third-party risk management, offering a modern approach that streamlines processes and builds trust between buyers and sellers.
