Transforming Third-Party Risk Management with Certa's Insights AI
This is the third of a three part blog post series about Certa's ground-breaking AI capabilities. If you're interested in learning more, you can click "get in touch" at the top right corner of this page.
Screening and assessing third-party entities has long been a thorn in the side of compliance and procurement teams. Manual processes often lead to an overwhelming number of false positives, causing unnecessary investigations and wasted resources. Moreover, information security control assessments frequently fall short, leaving organizations vulnerable to oversights and incomplete evaluations.
What is Insights AI?
Insights AI addresses these pain points head-on by automating and enhancing critical aspects of third-party risk management. By leveraging artificial intelligence, this innovative solution streamlines due diligence processes and significantly reduces duplicate work. The automated adjudication feature efficiently screens and evaluates low-risk entities, improving accuracy and allowing teams to focus their attention on genuine risks that require human intervention.
What are the benefits of using Insights AI?
Insights AI automates the screening of low-risk vendors, allowing compliance teams to redirect their efforts towards high-priority issues and exception handling. This shift in focus not only improves overall efficiency but also enhances the quality of compliance efforts by minimizing unnecessary scrutiny of low-risk relationships.
SImilarly, Insights AI revolutionizes information security control assessments, elevating their effectiveness and efficiency. The intelligent pre-fill feature automatically completes assessments using existing and historical evidence, freeing up valuable time for IT and InfoSec teams. This automation allows organizations to prioritize high-risk areas effectively, ensuring that assessors' efforts are concentrated where they matter most.
Comprehensive risk coverage is another crucial advantage offered by Insights AI. By expanding the range of InfoSec risks that can be managed efficiently, organizations can achieve a more thorough and systematic evaluation of their security landscape. This expanded coverage translates to improved quality and accuracy in assessments, ensuring that all critical aspects of information security are properly addressed.
Ultimately, Insights AI represents a paradigm shift in third-party risk management. By automating low-risk tasks, prioritizing critical areas, and enhancing the overall quality of assessments, it empowers organizations to navigate the complex landscape of third-party relationships with greater confidence and efficiency.
Want to check out parts one and two?
Part 1: Revolutionizing Workflow Design with Certa's Design AI
Part 2: Streamlining Form Completion with Certa's SmartFill AI
Transforming Third-Party Risk Management with Certa's Insights AI
This is the third of a three part blog post series about Certa's ground-breaking AI capabilities. If you're interested in learning more, you can click "get in touch" at the top right corner of this page.
Screening and assessing third-party entities has long been a thorn in the side of compliance and procurement teams. Manual processes often lead to an overwhelming number of false positives, causing unnecessary investigations and wasted resources. Moreover, information security control assessments frequently fall short, leaving organizations vulnerable to oversights and incomplete evaluations.
What is Insights AI?
Insights AI addresses these pain points head-on by automating and enhancing critical aspects of third-party risk management. By leveraging artificial intelligence, this innovative solution streamlines due diligence processes and significantly reduces duplicate work. The automated adjudication feature efficiently screens and evaluates low-risk entities, improving accuracy and allowing teams to focus their attention on genuine risks that require human intervention.
What are the benefits of using Insights AI?
Insights AI automates the screening of low-risk vendors, allowing compliance teams to redirect their efforts towards high-priority issues and exception handling. This shift in focus not only improves overall efficiency but also enhances the quality of compliance efforts by minimizing unnecessary scrutiny of low-risk relationships.
SImilarly, Insights AI revolutionizes information security control assessments, elevating their effectiveness and efficiency. The intelligent pre-fill feature automatically completes assessments using existing and historical evidence, freeing up valuable time for IT and InfoSec teams. This automation allows organizations to prioritize high-risk areas effectively, ensuring that assessors' efforts are concentrated where they matter most.
Comprehensive risk coverage is another crucial advantage offered by Insights AI. By expanding the range of InfoSec risks that can be managed efficiently, organizations can achieve a more thorough and systematic evaluation of their security landscape. This expanded coverage translates to improved quality and accuracy in assessments, ensuring that all critical aspects of information security are properly addressed.
Ultimately, Insights AI represents a paradigm shift in third-party risk management. By automating low-risk tasks, prioritizing critical areas, and enhancing the overall quality of assessments, it empowers organizations to navigate the complex landscape of third-party relationships with greater confidence and efficiency.
Want to check out parts one and two?
Part 1: Revolutionizing Workflow Design with Certa's Design AI
Part 2: Streamlining Form Completion with Certa's SmartFill AI
