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What is Proof&Trust?

Over the past six years, we have dedicated ourselves to creating an outstanding algorithm designed for evaluating vendor risk. This algorithm has been meticulously optimized and integrates cutting-edge AI technologies, ensuring unparalleled accuracy and efficiency in operations. Vendors are required to provide documentation and answer 32 straightforward questions that cover various aspects of their operations, compliance, and security measures. Our user-friendly interface allows 95% of vendors to complete the assessment in under 30 minutes, significantly reducing interruptions to their daily operations. The algorithm performs a comprehensive analysis of the evidence and responses submitted by vendors, leveraging AI to identify risks, vulnerabilities, and compliance issues. Subsequently, businesses receive an in-depth report filled with actionable insights and recommendations, which empowers them to make informed choices and take a proactive stance on risk management. This comprehensive strategy not only boosts security but also cultivates stronger collaborations between businesses and their vendors, ultimately leading to more resilient partnerships. Additionally, the continuous feedback loop helps us further enhance the algorithm, ensuring it evolves to meet the changing landscape of vendor risk.

What is Bold Matrix?

Bold Matrix operates as an all-encompassing Vendor Risk Engine tailored to support a wide range of users, such as individuals, consultants, small and medium enterprises (SMEs), founders, freelancers, and business leaders, in assessing potential vendors before making purchases, signing contracts, sharing confidential information, or depending on their services. This platform streamlines vendor assessments across various sectors, including SaaS offerings, AI innovations, consulting services, suppliers, digital solutions, and business partners. Users receive a risk score that ranges from 0 to 100, classified into Low, Medium, or High risk categories, complemented by structural risk indicators and an in-depth evaluation based on five essential pillars: data access, operational dependency, financial stability, compliance standing, and exit strategy vulnerabilities. In addition to these features, users can start with a free vendor assessment, obtain a thorough executive-ready vendor risk report, or choose a Pro subscription that provides continuous evaluations and the option to upload PDFs for AI-enhanced data extraction. This adaptable approach empowers businesses to consistently oversee and mitigate their vendor-related risks, ensuring they make informed decisions in an ever-evolving marketplace. Furthermore, the platform's user-friendly interface encourages engagement and facilitates seamless navigation for all users.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$29/report
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Proof&Believe LLC

Date Founded

2024

Company Location

United States

Company Website

proofandtrust.com

Company Facts

Organization Name

Bold Matrix

Date Founded

2026

Company Location

United Arab Emirates

Company Website

boldmatrix.ae

Categories and Features

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