future proof your business

Compatible with any GRC tool

GRC-led audit trends drive customer risk and audit quality issues

The profession is writing its own rules. That’s an inherent conflict…  we must take a fresh look at auditor conflicts of interest.

– Gary Gensler, Chair

SEC Center for Audit Quality (July 2022)

The audit industry is in the midst of a critical inflection point as regulators place more scrutiny on potential conflicted parties and organizational boundaries that have jeopardized:

  • Audit independence
  • Audit integrity and trust
  • Audit and risk data quality  
  • 3rd party risk

GRC-led audit tools like Drata, Vanta, and Tugboat are designed to serve internal compliance management, yet are crossing independence boundaries by curating evidence, dictating audit pricing, and managing audits. As such, these tools are accelerating the industry's need for change due to increased customer risk exposure.

Vanta, Drata, Secureframe and the like are commoditizing our industry.  We can’t scale on 50 different platforms that want to devalue our services and make audit integrity impossible.  We need our own platform.

CEO, national audit firm

Splitting GRC and 3rd Party Audit

GRC tools remain critical for managing and operationalizing internal compliance effectiveness, but there must be the presence of a separate and neutral external audit platform to drive and ensure audit integrity and independence.  Simply put, GRC’s can’t be or do both.  

GRC

Internal Compliance

INTERNAL compliance management, but incapable of meeting EXTERNAL audit party demands  

auditmation

3rd Party Audit

Centralized 3rd party audit management platform – modernized to meet tomorrow’s regulatory requirements and trends

1 + 1 = 3

The missing component is a neutral and centralized audit platform that interoperates with all risk management tools and audit parties.  Auditmation seamlessly delivers critical audit data back to GRC tools so issues are continuously known and resolved.

Graphic_GRC 5

future proof

Scales across the entire ecosystem and future proof and protect GRC investments

Audit Quality

Removes conflicted parties to maintain audit quality and trust, without the burden

Data INtegrity

Through Auditmation, GRCs become a validated a single source of truth

independence

Enables your technology to support auditor tools /processes to preserve independence

Auditmation + GRC = External Assurance

future proof your business

GRC 1

GRC Alone Can Never Meet Market Demand

The end result is a "come to me and my tools" model that is becoming obsolete. Risk stakeholders used to accept a certification. Then came the FAQs, but now FAQs are no longer trusted. No matter how far the GRC goes, market demand can never be met - thus forcing a key "adapt or die" market dynamic.

Audit Guarantees Kill Scale & Trust​

GRC tools have adapted to support the auditee, but have overlooked every other party in the risk pool. This has spawned a decentralized model with disparate data, security, governance, data models, and tools that compete rather than integrate.

Auditors are frustrated and can't scale across multiple tools, and forced to build their own tools to compensate. Risk stakeholders are left in the dark with no access or trust in the process.

decentralized Tools

GRC tools currently enforce a decentralized model with disparate tech islands

No Scale

Interacting with hundreds of tools across parties kills scale for any auditing party

compromised

GRC tools are compensated by auditee to help pass an audit. Some guarantee it

trust everything model

As an auditee tool, GRC's enforce a Trust Everything paradigm, blocking Zero Trust

platform sprawl

Impossible for auditing parties to become proficient in hundreds of tools

No Independence

As part of the auditee boundary, GRC's are not managerially or technically independent

The only it audit data platform you'll ever need

Complete audits faster Reduce risk daily Eliminate audit fatigue Make audit a differentiator Overcome skills gaps

Future Proofing GRC With AUDITMATION

As a neutral arbiter platform, Auditmation transforms any GRC into a single source of Zero Trust audit truth . It does not compete with or replace GRC. Rather, it enables, integrates, and intersects the entire ecosystem to extend automation, increase customer scale, and future proof GRC investments.

GRC2

The Power of ONE!

infinite tools, one platform data model evidence format governance model security model logic platform data catalog

Centralized

Enables a centralized Zero Trust model that intersects & integrates with all key tools

scale

Ensures scale & simplicity across every customer and their risk pool

truth

Stakeholder pays Auditor to ensure they get their truth, removing any GRC conflict

zero trust model

GRCs become a single source of Zero Trust truth for auditee's

ONe platform

Auditing parties leverage a single, neutral arbiter platform that alleviates GRC pressure

full cycle independence

As interconnected systems, GRCs are future-proofed against Zero Trust demands

Internal Audit Has A Massive
SCALE
Problem

trust everything audits, infinite evidence formats grc tools data models manual processes data sources audit rooms

Operational GRC tools like Drata, Tugboat, and Anecdotes try to force auditors to learn the nuances of each of their systems across a multitude of audits.

Gov-GRaphic_Auditor Draft 1b

Auditors force auditees to manufacture and ship data to hundreds of audit rooms. No centralized platform to stitch models and tools to unlock all parties in the ecosystem.

Gov-GRaphic_Auditor Draft 2b

compromised incentive

Auditee pays Auditor, and GRC tools that collect evidence on their behalf

limited findings

10% population sampling omits 90% of all relevant evidence

manual

Human-based audit processes drive bias, risk, and do not scale

No data integrity

Human and GRC collected evidence has no forensic chain of custody

zero readiness

Annual audits bring little to zero value to cyber readiness

no access

Gated access hides the truth, dependent on Auditee evidence and quality

1 + 1 = 3

Partnering with Auditmation allows GRCs to easily solve evidence automation problems today while also preparing for Zero Trust audit requirements of tomorrow. Extending current capabilities and customer value and future proofing GRC investments.

The only automated audit platform you'll ever need

Drive Customer Retention Increase Customer Stickiness Increase new deal win rate Increase average contract value Create competitive moat Move the analyst dot