Defining The New Audit Standard

/ audit • may • shn /

Noun:
  1. independent, machine-driven assessment and validation process, eliminating human intervention
  2. method by advanced robotic process automated means, producing unbiased immutable data integrity
  3. proprietary method for obtaining evidence data from its source, bypassing all traditional intermediaries
  4. a state of continuous risk assessment and testing, against every policy, procedure, implementation statement, and control

Auditmation In A Sentence:

    // We distinguish ourselves with partners by enabling access to our Auditmation security dashboard for real-time vendor security assessments.

The TRUTH and Nothing But

The days of trusting the integrity of self-attested (fingers crossed) vendor compliance and security questionnaires are over.

Neverfail introduces the world's first Audit Automation platform that drives a new standard for evidence and security controls data integrity, for mitigating internal and third-party risk exposure. The Auditmation platform delivers an unbiased, "conflict-free" assessment tool that enables auditors, vendor risk managers, regulators, and government agencies to perform machine-based immutable assessments of real-time compliance, risk, and security posture.

From imagining what's possible, to living the reality

Real-time visibility into every internal control and downstream compliance

Independent, machine truth compliance and security posture

Unbiased risk posture without human intermediaries

Self-service vendor and customer security questionnaires without operational impact

Increasing internal audit scale and velocity without hiring additional resources

Completing audits without the operational burden on employees

Traditional Audit vs. Zero Trust Machine Truth


Which drives continuous risk mitigation throughout your entire business?

Human-Driven Audit

Drives only 10% risk out of the business, once a year

Typical framework requirements like SOC 2 and others, set a low bar! With only a 10% population sampling standard and manual evidence collection (once a year), validity is questionable. It's literally impossible for organizations to achieve a security and compliance posture that will drive any tangible risk from the business.

  • 10% population, annually

  • Low-to-no scaleability

  • No competitive differentiation

  • "Validation" by spreadsheets

  • No vendor InfoSec assurance

Auditmation

Continuously drives tangible risk out of the business

Regardless of the framework, robotic process automation bots drive audit functions and Population/Coverage/Frequency levels that can be optimized to 100% - daily. As optimization increases, the operational burden on staff shifts from non-productive audit support tasks to high value business objectives.

  • 100% population, every day

  • Risk mitigation at high scale

  • Competitive distinction

  • Truth by R/T source data

  • Manage vendor InfoSec SLAs

Immutable Data Integrity

Immutable truth removes human and tool dependencies, in favor of independent machine-to-machine visibility across every piece of evidence, control test, and remediation.

Collective Assurance

Data assurance and validity through the collective power of peers, domain experts, and industry leaders

Competitive Differentiation

Increase competitive distinction and compliance posture by being the most trusted, validated, and secure company in any market

Inside Out Mitigation

Mitigate risk from the inside out through independent machine audits, on every control, every single day

Supply Chain Integrity

Mitigate supply chain and vendor risk by replacing spreadsheets with continuous, independent machine validation

Use Cases

Scale Audit Management

  • Increase operational efficiency and scale without adding staff

  • Grow top line valuation through continuous auditing recurring revenue

  • Build and publish IRL's and testing logic (RPA Bots) by framework

  • Repeatable machine-validated audit structure at the highest data integrity

Machine-Driven Assessments

  • From spreadsheets to directly embedded business recommendations

  • Build and publish policy, control, and implementation statement catalogs

  • Maximize ROI in the shortest time possible

  • Increase focus on high value recurring services

Third Party Risk Management

  • Remove dependency and trust on InfoSec spreadsheets and security agreements

  • Vendor accountability and security assurance to highest SLAs

  • Differentiate through access to real time security and controls dashboard

  • Drive down TPRM program management costs

Integrated Evidence, Testing & Remediation

  • Transform eGRC portal into a single source of machine-validated truth

  • Extend automation to evidence collection, control testing, & remediation

  • Increase stickiness, retention, and revnue

  • Holistic view of policy, risk, and compliance posture you can trust

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