Auditive provides an AI‑driven platform for third‑party risk management, automating the screening, onboarding, and continuous monitoring of business partners. By replacing manual compliance workflows, it helps enterprises maintain up‑to‑date risk assessments across their supply chain. The service is delivered as a SaaS solution, typically priced on a subscription basis tied to the volume of monitored relationships.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional third-party risk management relies on static questionnaires and manual reviews, leading to slow assessment cycles and delayed visibility into evolving vendor security postures. This approach creates bottlenecks for sales teams and strains relationships between buyers and sellers due to the tedious back-and-forth exchange of information.
Solution
Auditive offers a continuous third-party risk management (TPRM) platform that provides real-time visibility into vendor risk. By automating 80% of the review process, Auditive enables buyers to complete security reviews four times faster and increases response rates from sellers by 35%. The platform connects buyers and sellers on a network, allowing them to share and access risk posture information efficiently, streamlining security reviews and fostering trust.
Target Audience
Auditive targets both buyers seeking to efficiently assess and monitor the risk of their vendors and sellers aiming to streamline security reviews and build trust with prospects.
Features
- Continuous monitoring of vendor risk postures for real-time visibility
- AI-powered automation of security review processes, reducing manual effort
- Centralized network connecting buyers and sellers for efficient information sharing
- Risk posture marketplace for companies to showcase their security readiness
- Support for evaluating third parties against industry-specific frameworks and standards
- SOC 2 compliance with readily available reports and policy documents
- Integration of AI to streamline vendor management tasks