How will Auto-suggest improve the speed that you’re able to review your suppliers?

Auto-suggest provides recommendations to suppliers when they first join Risk Ledger, assisting them in setting up their profiles. It enables suppliers to use their previous security questionnaires and security documentation to create suggested answers to complete their business's security assessment. Suppliers can review relevant suggestions, modify them to suit each control, and see the supporting documents that could add relevant evidence.

Here is an in-depth article on Auto-suggest and how it works.

By processing existing security documents, Auto-suggest generates preliminary responses to assessment questions. This automation reduces the time suppliers spend manually filling out questionnaires, thereby accelerating the initial review phase.

The main benefits include: it's quicker to join Risk Ledger, build trust & share your security information with clients (we estimate roughly 3-4 hours to complete an assessment using Auto-suggest); leverage previous work such as previous security questionnaires, documentations and questionnaires to get a head start; increasing informational congruence; expediting the process to reach the approvals stage with your clients.

With Auto-suggest handling routine data processing and preliminary assessments, your team can focus on more critical areas of the review. This means dedicating more time to analysing high-risk areas, unusual responses, or areas where additional information is required. By prioritising these elements, you can expedite the overall assessment process while maintaining thoroughness and accuracy.