Automated security assessments are one of the most talked about features in the supply chain management industry. Organizations have turned to automated solutions to enhance their risk management and supply chain compliance after recognizing the need to eliminate the burdensome and time-consuming task of manually auditing and tracking numerous vendors. It makes sense after all. Who wants to spend hours on end of manual work to audit and chase hundreds of thousands of vendors?
The answer is: no one.
Findings’ comprehensive platform has gone above and beyond to automate risk management and supply chain compliance, saving organizations of all sizes extensive manual work and reducing friction.
Now, let’s break down some things you should expect to see when using the platform that will ultimately help you prepare.
Assessment Logic
When managing assessments in Findings platform, you can create an assessment from scratch with branching logic or upload pre-existing assessments and tweak it to suit your needs. When you create an assessment from scratch, you can create a question with various answer choices. If the answer choices are branching types such as the Radio button, multiply select, or dropdown, you can create a follow-up question based on a certain response chosen.
When it comes to uploading assessments from pre-existing documents, you can edit the subjects and alter the logic to suit the vendor’s needs via our assessment wizard. Once the assessment has been uploaded you can clone, edit and tailor custom it with various app integrations for the associated vendors.
Findings and Remediation:
Imagine the ability to pre-create remediation plans and suggestions. Essentially, rather than sending out an assessment to a vendor and having to review it and write out compliance corrections and suggestions manually, this is pre-prepared before the vendor even begins the assessment. For any answer choice that is not in compliance, you can create a remediation suggested plan for that answer and change the risk level that will affect the vendor’s overall score. When the vendor completes the assessment, they already have a remediation plan ready for them, so that they can bridge the gaps without all the time-consuming back and forth.
Response Repository (NLP):
Our response repository is based on neuro-linguistic programming and is one of the biggest assets our users hold. When a vendor or customer completes an assessment, our system scans the answers and creates a respiratory for similar written questions the next time an assessment is completed. The next time a user completes an assessment, our automated suggested answers pop up and the user can insert the answers based on the relevant match. This saves numerous hours of manual work by having to complete assessments from scratch. Within seconds, your assessment can be completed and you can focus on other essential tasks.
Automated security assessments provided by Findings are perfect for organizations seeking efficient risk management and streamlined supply chain compliance. By automating the assessment process, organizations of all sizes can save valuable time and resources that would otherwise be spent on manual audits and vendor follow-ups. By utilizing the features we offer, organizations can complete assessments quickly and focus on other essential tasks, ultimately improving their overall security posture and supply chain management.
