IRIS AI for Procurement & Compliance
May 29, 2023
By
Luna

Completing lengthy security questionnaires, vendor assessments, and compliance documentation is an unavoidable part of the B2B sales process—especially in industries like finance, healthcare, and education where regulatory requirements are strict. Unfortunately, this step is also one of the most time-consuming and repetitive.
In a typical sales cycle, security and legal teams spend 5–15 hours per deal cycle searching through old documents to find relevant information, then rewriting similar responses for each new questionnaire. This not only delays the sales process but also ties up executives and subject-matter experts in low-value, repetitive work—time that could be better spent on strategic initiatives or closing deals.
With IRIS AI RFP & Security Questionnaire Automation, companies no longer need to dig through scattered files or manually track down subject-matter experts. By uploading your official documentation—such as:
- SOC 2 Report
- GDPR Statement
- Privacy Policy
- Terms & Conditions
- End User License Agreement (EULA)
- Incident Response Plan
- Business Continuity Plan
- Disaster Recovery Plan
- FERPA Statement
- HIPAA Statement
IRIS automatically parses these files and transforms them into structured, bite-sized knowledge units within your Knowledge Map. Each unit is contextually tagged and indexed, making it easy for your sales, legal, and security teams to:
- Instantly retrieve precise answers to compliance and technical questions
- Auto-fill responses in security questionnaires, DDQs, and RFPs with vetted content
- Maintain accuracy with version control and a verified single source of truth
- Accelerate deal cycles without compromising compliance or quality
Instead of reinventing the wheel with every questionnaire, your team can respond in minutes, knowing the answers are accurate, consistent, and approved. This not only speeds up the procurement process but also ensures your company presents a professional, compliant, and trustworthy face to every prospective client.
Want to see how quickly IRIS can transform your questionnaire workflow? Contact our team today to schedule a personalized walkthrough.
Learn more about how you can get started with IRIS by reaching out to our team.
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