FlowForma releases AI-powered risk management platform
FlowForma has opened access to FlowAssure, an evidence-first AI platform for vendor risk assessments.
Designed to automate the heavy lifting of vendor reviews, the platform is already helping beta customers across enterprise security teams reduce manual effort by 91%, accelerate vendor onboarding, and cut reporting workloads by 82%.
According to FlowForma’s analysis, security teams spend up to 70% of their time hunting for evidence instead of making decisions. With a typical mid-market organisation managing more than 300 vendors and reviewing more than 200 pages of evidence per vendor each year, vendor risk management has become increasingly time-consuming, inconsistent, and difficult to audit.
John Murphy, CEO of FlowForma, said: “Vendor risk management has reached a breaking point. Regulation is tightening fast, from the NIST Cybersecurity Framework to ISO standards and many more that raise the bar every year.
“On top of that, vendor risk workloads are exploding – organisations are working with more third parties than ever before. That’s why FlowAssure shifts the model to evidence-first assessment, where AI helps security teams interpret real security documentation, surface meaningful risk, and make decisions that are faster and fully defensible.”
Built on evidence-first assessment, explainable AI, and collaborative workflow capabilities, FlowAssure addresses the complexity of enterprise vendor risk reviews by helping security, compliance, procurement, and risk management teams reduce assessment cycles from days to minutes while improving consistency, transparency, and auditability.
Niamh Lordan, Head of Marketing at FlowForma, added: “Early beta customer feedback shows FlowAssure is already delivering clear operational value for security teams.
“A global FMCG client praised FlowAssure’s ability to support enterprise-scale vendor onboarding, automate high-volume security assessments across approximately 350 applications per year, and deliver significant time savings for its 10-12 person security team.
“Another healthcare beta customer valued FlowAssure’s ability to centralise vendor questionnaires, evidence, and communications in one auditable location, while using AI agents to analyse penetration-test reports, generate instant risk assessments, and reduce reactive, resource-intensive audit work.”
FlowForma is a leading provider of AI-powered process automation solutions used by more than 300,000 customers across financial services, healthcare, government, higher education, manufacturing, and enterprise organisations.
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