Basteon

Basteon automates vendor security questionnaire completion using an AI engine, handling complex document formats and facilitating cross-departmental collaboration. This accelerates security reviews, speeds up sales cycles, and improves vendor relationships.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Manual completion of vendor security questionnaires is a time-consuming process that can significantly delay sales cycles and impact customer confidence. The need for cross-departmental input and the handling of diverse document formats contribute to these inefficiencies.

Solution

Basteon provides a Security Review Automation Platform (SRAP) designed to streamline the process of responding to vendor security questionnaires. The platform leverages an AI engine to automate questionnaire completion, handling various formats including complex Excel documents with dropdowns and multiple sheets. By facilitating collaboration among legal, sales, and compliance teams, Basteon reduces interdepartmental delays. This automation accelerates the entire security review process, enabling faster deal closures and enhancing vendor relationships.

Target Audience

The primary customers are sales and security teams within organizations that frequently engage in vendor security reviews and seek to accelerate their sales cycles.

Features

AI-powered automation for vendor security questionnaire completion.
Full-spectrum format handling, including complex Excel spreadsheets with dropdown menus and multiple sheets.
Collaborative workspace for legal, sales, and compliance teams to contribute to questionnaire responses.
Streamlined data gathering and response generation to accelerate security reviews.
Secure platform that does not use customer data for LLM training.