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Proof&Trust

Proof&Trust

Automated vendor risk assessment platform that saves time and reduces costs.

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About Proof&Trust

Proof & Trust is an innovative automated tool that streamlines vendor risk assessments, helping organizations save time and money. By automating manual processes and eliminating the need for costly external consultants, it enhances efficiency. The platform features an intuitive interface and utilizes AI to deliver actionable insights, supporting proactive risk management and compliance.

How to Use

To utilize Proof & Trust, add your vendor to the platform. The vendor receives an email with a questionnaire link. After completing it with evidence and responses, the platform's algorithm analyzes the data and generates a detailed report with actionable recommendations.

Features

Automated vendor risk evaluations
In-depth, customizable reports
Intuitive user interface
Flexible subscription plans
AI-powered risk analysis and insights

Use Cases

Lower costs of risk assessments
Scale risk management processes
Enhance accuracy of vendor evaluations
Streamline vendor onboarding procedures

Best For

Compliance officersProcurement teamsRisk management professionalsIT security expertsVendor management teams

Pros

Streamlines manual risk assessment tasks
Easy-to-use interface
Delivers actionable risk insights
Offers flexible subscription options
Reduces dependence on external consultants
Saves time and reduces costs

Cons

Dependent on accurate vendor data
Limited options for customizing assessments
Requires vendors to complete questionnaires

Frequently Asked Questions

Find answers to common questions about Proof&Trust

Is my data and the vendor's data secure with this automated risk assessment tool?
Yes, we prioritize data security. Our platform complies with industry-leading standards to protect your information.
Do I need technical skills to operate this solution?
No technical expertise is necessary. The platform is designed to be user-friendly and straightforward for all users.
How does automated risk assessment match the accuracy of traditional methods?
Our advanced algorithms and industry best practices ensure high accuracy. You can review vendor responses and uploaded documents for added transparency.
Can I customize the risk assessment process for my specific business needs?
Currently, assessments follow a standardized process. We are exploring customization options and value your feedback for future updates.
Are there hidden fees or extra costs after purchase?
No, our pricing is transparent. There are no hidden charges beyond the initial subscription fee.
What support do you offer during implementation?
Our platform is web-based and easy to use. For assistance, our dedicated support team is available to ensure a smooth setup and ongoing help.