AI-Driven Vendor & Third-Party Risk Assessment Automation

Service Overview

Security and procurement teams lose hundreds of hours every year reviewing vendor questionnaires, SOC reports, and contracts, while assessment quality still varies from reviewer to reviewer. Dedicatted’s Vendor & Third‑Party Risk Assessment Automation service deploys an AWS‑hosted GenAI and document‑processing workflow that ingests vendor documentation, scores risk against your policies, and produces consistent, audit‑ready reports for every supplier.

Key Capabilities

• Intelligent document ingestion – Automatically ingests and classifies security questionnaires, SOC 2/ISO reports, DPIAs, DPAs, and contracts using Amazon Textract and Amazon S3 as your secure content lake.
• GenAI‑powered analysis and scoring – Uses Amazon Bedrock models to summarize responses, flag missing or high‑risk answers, and apply configurable scoring logic mapped to your control framework (SOC 2, ISO 27001, HIPAA, internal standards).
• Standardized reports and remediation guidance – Generates structured risk reports with findings, severity, recommended mitigations, and follow‑up questions that reviewers can refine and approve.
• Workflow & tool integration – Integrates with your GRC or ITSM tools (e.g., ServiceNow, Jira, Archer) to create tickets, route approvals, and track vendor risk over time.

Business Impact

• Cut assessment cycle times – Reduce vendor review duration from weeks to days by automating document analysis and initial scoring.
• Improve consistency and coverage – Enforce a single, transparent risk model across all vendors and geographies, with full traceability for audits.
• Free expert time – Let security and legal experts focus on high‑risk exceptions and negotiations instead of manual reading and spreadsheet updates.