Vendict
Automate security questionnaire responses with AI for speed and accuracy.. [Contact for Pricing]
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What is Vendict?
Vendict is an AI-native, agentic automation platform for governance, risk, and compliance (GRC) that specializes in third-party risk management (TPRM) and security questionnaire automation. The platform uses proprietary AI trained specifically on security, privacy, and compliance language to automate vendor risk assessments, expedite security questionnaire responses, and streamline compliance workflows against frameworks like SOC 2 and ISO 27001.
Key features include automated security questionnaire responses that reduce completion time by up to 92%, a GRC Mentor that provides expert compliance guidance without requiring in-house resources, a tagless Knowledge Base that automatically processes uploaded documents without manual tagging, framework analysis for SOC 2 and ISO 27001 compliance, third-party risk management tools with managed services, interactive trust centers, and AI agents that can chase vendors for assessments. The platform also offers AI-powered review tools that score answers and provide improvement recommendations based on industry best practices.
Vendict is designed for security teams, GRC professionals, proposal managers, CISOs, compliance teams, and procurement departments at companies experiencing high growth and receiving many security questionnaires and RFPs. It's particularly valuable for organizations looking to clear vendor risk assessment backlogs, scale their security review processes without expanding their team, and build trust with customers by showcasing their security posture.
The platform combines AI automation with expert GRC team support, ensuring everything is trackable, explainable, and auditable against leading best practices while maintaining data privacy by never using client data for AI training.
Vendict pricing
Pricing model: Freemium
Vendict does not offer a free plan but provides a free trial. Pricing starts at $90/month billed yearly for the Small Business plan (50 vendors, 1 website domain, 10 GB storage, unlimited assessments). The Growing Business plan costs $400/month billed yearly (500 vendors, 10 website domains, 100 GB storage, unlimited assessments). Enterprise plans are custom-priced for companies needing unlimited vendors, unlimited website domains, 10 TB storage, and unlimited assessments. Final cost negotiations are handled directly with Vendict sales.
Vendict pros
- Reduces security questionnaire completion time by up to 92%
- Proprietary AI trained specifically on security compliance language
- GRC Mentor provides expert compliance guidance without in-house resources
- Tagless Knowledge Base requires no manual tagging setup
- Automates vendor assessments and evidence analysis
- Supports SOC 2 and ISO 27001 framework analysis
- Managed TPRM services included with expert GRC team support
- AI agents automatically chase vendors for assessments
- Scores and refines responses against industry best practices
- Trackable, explainable, and auditable against best practices
- Clears vendor risk assessment backlogs quickly
- Scales security reviews without expanding team size
- Never uses client data for AI training (data privacy)
- Provides improvement recommendations for responses
- Interactive trust centers to showcase security posture
- Works with Microsoft Teams via @Vendict command
- Auto-answers complex security inquiries from uploaded documents
Vendict cons
- No free plan available (only free trial)
- Minimum 5 questionnaires or 1,000 responses recommended for best results
- Pricing starts at $90/month which may be high for small teams
- Requires uploading significant documentation to work effectively
- Managed services model may not suit organizations wanting pure self-service
- Limited information on custom integrations available publicly
- Newer platform (founded 2020-2021) with smaller user base
- Focuses primarily on TPRM and questionnaires, not full GRC suite
Frequently asked questions about Vendict
How do I start working with Vendict's Platform?
To get started, simply book a meeting with Vendict's sales team by clicking the 'Book a Demo' button. Upload your internal documents including previously answered security questionnaires, policies, SOC2/ISO reports, and security-related documents. You can begin using Vendict's automated response technology right away. They offer a free trial so you can see how Vendict solves your compliance challenges.
What kind of documents should I upload?
You should upload previously answered security questionnaires, policies, SOC2/ISO reports, and any security-related documents. Vendict's AI will analyze these documents to enhance your security posture and create responses based on your organization's existing compliance documentation and knowledge base.
Is there a minimum amount of material I need to upload?
To get the best results with Vendict's security questionnaire automation, they recommend uploading at least five questionnaires or about 1,000 full responses. This ensures the automation process runs smoothly and provides effective analysis and insights from your knowledge base.
How does Vendict help me find the best answers?
Vendict's advanced AI engine, trained specifically in security, privacy, and compliance, identifies the most relevant answers from your knowledge base. You can even ask specific questions outside of a questionnaire context, and the platform will search for and provide the best response from your uploaded documents and compliance knowledge.
What makes Vendict better than competitors?
Vendict uses AI that understands security phrasing and generates custom responses based on your knowledge base and best practices. Unlike competitors, they have the only security language expert model in the industry. They also have a dedicated GRC team ensuring their AI stays up-to-date with the latest compliance content and frameworks.
Does Vendict use my data to train their AI?
No, Vendict prioritizes data privacy and never uses client data for AI training. The platform supports data deletion at any time, ensuring your compliance documentation and security information remain private and are not used to train the underlying AI models.
What compliance frameworks does Vendict support?
Vendict supports leading compliance frameworks including SOC 2 and ISO 27001. The platform's processes and content are aligned with leading best practices and can be tailored to correlate with specific regulations or standards relevant to your organization's compliance requirements.
How much time can I save with Vendict?
Vendict reduces security questionnaire completion time by up to 92%. Customers report shortening questionnaire completion time by 70%. The platform automates questionnaires, vendor assessments, and evidence analysis, significantly reducing manual work and freeing your team to focus on strategic security tasks.
Does Vendict offer managed services?
Yes, Vendict offers an agentic AI platform combined with an expert GRC team for managed TPRM services. Their Managed TPRM Solution automates the most time-consuming aspects of vendor assessments, with AI agents that can chase vendors for assessments. This allows you to scale your third-party risk program at a fraction of the cost of traditional approaches.
Can I integrate Vendict with Microsoft Teams?
Yes, Vendict is available on Microsoft Marketplace and integrates with Microsoft Teams. You can type '@Vendict', choose the 'search' command, and then enter your question to get answers from your Vendict knowledge base at your fingertips. You can then select which answer fits best and publish it in the current channel or thread.