ProcessBolt

The ProcessBolt Platform is an AI-assisted vendor risk management and real-time threat monitoring platform that aims to streamline and enhance the vendor risk assessment process. According to the vendor, this solution is designed to cater to small, medium, and large enterprises across various industries, including risk managers, compliance officers, IT security professionals, procurement professionals, financial institutions, healthcare organizations, technology companies, government agencies, and retail and e-commerce businesses.

Key Features

AI-Driven Vendor Risk Management Platform: According to the vendor, this platform offers an integrated solution for assessing and continuously monitoring company and vendors. It claims to automate assessment workflows, track risks, and provide immediate alerts of potential threats.

AI-Assisted Vendor Risk Assessments: The vendor states that this feature allows users to extract necessary intelligence from vendor corporate documentation, eliminating the need for exhausting assessment processes. It claims to populate security assessments with intelligence from vendor policy documents.

Attack Surface Management & Security Rating: According to the vendor, this feature enables users to identify and monitor internet-facing assets in real-time, aiming to protect against gaps in the company's and vendors' digital ecosystem. It claims to increase assessment accuracy by correlating attack surface data with assessment responses.

Document Intelligence & Analytics: The vendor claims that this feature utilizes generative AI technology to extract intelligence from verbose vendor documents and policies. It aims to provide document summaries to eliminate the need for reading full text.

Assessment & RFP Response Solution: According to the vendor, this feature automates the process of responding to assessments, RFPs, and questionnaires by leveraging historical responses. It claims to minimize workload, save time, and ensure consistency with AI-powered auto-response.

Share Center: The vendor states that this feature provides secure and timebound document sharing for the enterprise, including a data warehouse for pre-emptive information sharing. It aims to enable the sharing of key documents with customers at any time.

Fully Automated Assessment Process: According to the vendor, this feature offers AI-powered, purpose-built, automated workflows that eliminate the need for spreadsheet management. It claims to improve accuracy and efficiency in the assessment process without requiring coding for complex workflows.

Enterprise Benefits: The vendor claims that this feature helps identify risks that may not be uncovered in the vendor risk assessment process. It aims to provide real-time alerts regarding adverse changes in security posture and actionable intelligence for issue remediation.

Customizable: According to the vendor, this platform allows users to customize workflows, risk tolerances, and scoring models. It claims to offer the flexibility to build custom assessments or leverage pre-built templated questionnaires to tailor the program to each customer's specific needs.

Compliance Ready: The vendor states that this platform provides customized workflows for various compliance standards such as NIST, CMMC, HIPAA, CCPA, GDPR, and more. It aims to ensure adherence to industry-specific regulations and standards.