Case Study: a Fortune 500 mutual insurance company saves 3,700+ hours and improves SOC2 compliance with Supply Wisdom

Saving 3700+ hours with more efficient TPRM

A Fortune 500 mutual insurance company faced the challenge of identifying hidden third-party risks and remaining compliant with SOC2 control standards through external scanning alone. To address this, they partnered with Supply Wisdom and its continuous monitoring solution.

Supply Wisdom's tool enabled the company to continuously monitor 50 critical third-parties across more than 160 risk metrics, providing real-time risk identification. This solution delivered a 258% ROI, saved over 3,700 hours, and provided the comprehensive reports needed to successfully maintain SOC2 compliance, all while achieving significant cost savings.