Vendor Management
The process of evaluating, monitoring, and managing third-party service providers to ensure they meet security and compliance requirements.
Vendor management includes due diligence before onboarding, contractual safeguards, ongoing monitoring, and periodic reassessment. It requires collecting and reviewing SOC 2 reports, security questionnaires, and data processing agreements from each vendor.
Document intelligence transforms vendor management by enabling organizations to upload vendor security documentation and query across all vendors simultaneously. Questions like "Which vendors have access to PII but lack SOC 2 certification?" can be answered instantly with cited evidence.
More compliance Terms
General Data Protection Regulation (GDPR)
The European Union regulation governing how organizations collect, process, store, and protect personal data.
SOC 2
An auditing framework that evaluates an organization's controls for security, availability, processing integrity, confidentiality, and privacy.
HIPAA
The U.S. federal law that establishes standards for protecting sensitive patient health information.
Audit Trail
A chronological record of system activities that provides documentary evidence of the sequence of actions performed.
Data Privacy
The practice of handling personal information in accordance with legal requirements and individual expectations about data use.
PCI DSS
The Payment Card Industry Data Security Standard — a set of requirements for organizations that handle credit card information.
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