Australian audit firm AssuranceLab launches the integration of AI-powered audits within Vanta’s compliance automation platform

Australian audit firm AssuranceLab launches the integration of AI-powered audits within Vanta’s compliance automation platform

Australian audit firm AssuranceLab today announced an integration with Vanta, the leading trust management platform, to reshape the way clients conduct audits.

AssuranceLab’s AI-powered audits combined with Vanta’s comprehensive trust platform enable startups to gain their first compliance milestone faster than ever.

By connecting with the Vanta platform, the AI-powered audits conduct a first pass/fail review of evidence, providing a clear understanding for both the client and the auditor as to where their readiness sits.

For smaller companies that need to achieve compliance without dedicating excessive resources, this enables them to accelerate compliance and unlock new opportunities.

AssuranceLab Co-Founder and Co-CEO Paul Wenham commented on what this technology and partnership means for the industry.

“The partnership with Vanta marks an exciting time in the compliance landscape and we’re two like-minded companies; client-focused, and constantly innovating to find better ways to overcome the challenges of the compliance industry.

“By leveraging Vanta’s leading compliance automation platform and AssuranceLab’s AI-powered audit technology and human audit team, the partnership best supports companies looking to achieve compliance in the most streamlined and efficient way,” he said.

“Vanta’s mission is to secure the internet and protect consumer data to help unlock market opportunities,” said Jonathon Coleman GM APAC Vanta. “In partnering with AssuranceLab, Australian companies can seamlessly achieve their compliance objectives and fuel their next level of growth.”

AssuranceLab Co-Founder and Co-CEO Nicholas Lew Ton added, “It’s been an interesting ‘crossing paths’ moment; as Vanta scales up their APAC presence from their global base, while AssuranceLab scales up our global presence from our APAC base.

“It just makes sense to collaborate to provide mutual customers with the best possible compliance outcomes,” he said.

More details of the partnership will be announced in the coming weeks.