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Description
Auditive serves as an innovative Third-Party Risk Management (TPRM) platform that facilitates ongoing monitoring, allowing both buyers and sellers to interact more confidently than ever before. By employing a distinctive network method, Auditive significantly reduces the risk review workload for companies and their vendors by up to 80%. This efficiency enables buyers to conduct third-party risk evaluations four times quicker, maintain ongoing oversight of risks throughout their vendor network, and achieve near-instantaneous insights into third-party risks, leading to a remarkable 35% improvement in vendor response rates. Meanwhile, sellers benefit from bypassing tedious questionnaires, allowing them to concentrate on higher-value projects, promote their security practices within the Auditive network, and foster trust with their clients. Additionally, the platform is designed to assess risks against industry-specific frameworks to ensure precise evaluations. Auditive's seamless integration with procurement and productivity workflows facilitates quick onboarding and constant monitoring of all vendors from a centralized location, enhancing overall operational efficiency. This comprehensive approach positions Auditive as a vital tool for organizations seeking to manage third-party risks effectively.
Description
The primary motivation for SAM audits is financial gain, with vendors aiming to generate 30% of their profits from these yearly evaluations. Consequently, the frequency of audits has increased, as evidenced by a Gartner survey indicating that 66% of companies have experienced audit requests. VeraTrust offers a comprehensive visual representation of the licensing landscape along with audit reports that facilitate reconciliation, assessment, and SAM self-audits. Beyond merely conducting audits, this process helps organizations regain authority over their software assets and harness the potential to turn inefficiencies into innovative solutions. VeraTrust utilizes a blockchain-based infrastructure to accurately track software license assets between customers and vendors, effectively minimizing audit disputes and compliance challenges. This access to blockchain records not only enhances the visibility of the licensing landscape but also enables the generation of detailed audit reports for thorough evaluation and self-assessment. Ultimately, this approach serves to thwart the occurrence of unanticipated hard audits imposed by software vendors, fostering a more transparent and manageable software compliance environment. By prioritizing effective license management, businesses can also focus on leveraging their software investments to drive growth and innovation.
API Access
Has API
API Access
Has API
Integrations
Airtable
Asana
Confluence
Drata
Dropbox Sign
Freshdesk
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft Azure
Integrations
Airtable
Asana
Confluence
Drata
Dropbox Sign
Freshdesk
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft Azure
Pricing Details
$800 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Auditive
Country
United States
Website
auditive.io
Vendor Details
Company Name
LevelBlox
Founded
2008
Country
United States
Website
levelblox.com/veratrust/