3rdcomply

3rdcomply is an AI-powered third-party risk assessment platform designed to reduce the time and manual effort required to evaluate vendor security posture. The platform addresses two primary pain points in the vendor risk assessment process: - Risk officers and compliance teams spending hours manually reviewing vendor documentation - Vendors repeatedly answering the same compliance questionnaires across multiple assessments Core workflow: - Vendors upload their documentation once to a centralized portal - The AI engine reads, processes, and extracts relevant information from uploaded documents - The system automatically answers assessment questionnaire items by matching requirements to extracted document content - Public data sources (certifications, SOC reports, compliance records) are used to supplement document-based answers - Human risk professionals review and validate AI-generated responses before finalization The platform also maintains a pre-assessed vendor database containing over 1,000 vendors. Users can search this database, download ready-made assessment reports, and request assessments for vendors not yet in the system. This reduces duplicate assessment work across organizations evaluating the same vendors. Key metrics cited by the vendor: - Average assessment time of 5 minutes - 95% accuracy rate - Up to 90% of questions answered automatically - Assessments completed approximately 90% faster than traditional manual review The platform is available via a free trial with no credit card required.