Case Study: Sapiens cuts vendor vetting from months to days with Panorays

Sapiens cuts vendor vetting from months to days with Panorays

Sapiens, a global insurance software provider, faced a lengthy and inefficient vendor auditing process. Their global director of information and cybersecurity managed over 200 suppliers using manual security questionnaires in spreadsheets, a time-consuming process that often took months and involved constant follow-up. To solve this challenge, Sapiens implemented Panorays' automated third-party security management platform.

The solution from Panorays provided intuitive automated security assessments that thoroughly checked supplier cybersecurity posture. This allowed Sapiens to quickly customize questionnaires and eliminated the issue of suppliers leaving answers blank. As a result, Panorays helped Sapiens cut its supplier vetting time from months to just days, giving the company better control over its suppliers and boosting its cybersecurity standards.

Sapiens