GRC Leaders Sessions On-Demand - Justin Dooley, Chassi

Chassi and Trustero: Revolutionizing Compliance with AI

In a recent webinar, Justin Dooley (President and CFO) and Chris Oshaben (CISO) from Chassi shared their experiences using Trustero's AI-powered compliance platform. Here are the key takeaways:

The Importance of Compliance and Security

For Chassi, compliance and security are crucial as they handle sensitive client data. They recently completed their ISO 27001 certification, leveraging Trustero's AI capabilities throughout the process.

AI in Compliance: Game-Changing Benefits

1. Time Savings: The team reported a 10:1 to 100:1 reduction in time spent on compliance tasks.
2. Cost Reduction: For their internal audit, costs were reduced from $10,000 to $2,500 using Trustero AI.
3. Improved Sales Cycle: AI-powered questionnaire completion accelerated the security clearance process with prospects.
4. Enhanced Audit Quality: With routine tasks automated, auditors could focus on more valuable, strategic discussions.
5. Continuous Compliance: AI constantly reviews evidence, alerting the team to potential issues and suggesting remediation steps.

The Future of Compliance

Both Justin and Chris believe AI will transform the compliance industry:

1. Attracting Talent: AI could make compliance work more engaging, potentially reversing the declining interest in auditing careers.
2. Quality Improvements: AI can reduce human errors and enable more meaningful, high-quality audits.
3. AI Audit Assistants: Future audits may involve AI assistants answering questions, reducing stress on the auditee.
4. Elevating the Profession: AI will shift focus from clerical tasks to more analytical, value-added work.

Conclusion

The integration of AI in compliance, as demonstrated by Chassi's experience with Trustero, promises to make the process more efficient, cost-effective, and insightful. As the field evolves, embracing these technologies will be crucial for staying competitive and maintaining high standards of security and compliance.

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About Chassi

Chassi is a software company that helps large organizations gain visibility into their complex software systems, such as ERPs and CRMs. They use machine learning to identify bottlenecks and inefficiencies, helping companies optimize their processes and improve cash flow.