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title
10x Your Vendor Risk Assessment | Cape AI
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73% of organizations faced a major third-party disruption in the past three years.Today, vendor vetting poses several significant challenges to organizations.Manually IntensiveTraditional vendor vetting requires collecting, processing, and monitoring data by hand. This takes time and increases the risk of errors, which can compromise the risk profile.Time-ConsumingReviewing SOC reports, ensuring compliance, and identifying risks take considerable time. Each vendor requires repeated assessments, adding to inefficiencies.Redundant EffortEvery third party needs a separate analysis, leading to repetitive work. As vendor numbers grow, so do these duplicate processes, slowing operations and draining resources.Cape's SOC solution effectively counters these challenges by leveraging the power of artificial intelligence, fundamentally transforming how organizations manage vendorsEfficiencyDelegate intensive manual effort to AIGet what matters most to your business in secondsAccuracySee only what...
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