Xybion’s Vendor/Supplier/Third Party Audit solution, Compliance Predictor, improves a company’s ability to know current compliance status, understand business risks, and prioritize actions. Most companies carry a backlog of pending supplier audits due to bandwidth challenges. Xybion’s solution helps companies standardize, digitize, and automate audits to significantly increase productivity.
Xybion follows standard audits processes. Many of these steps are done using automation tools. These tools can be used as pre-audit/preparation for in-person audits. Xybion offers audit software as well as audit services, but they do not need to be combined.
Supplier compliance status dashboard, audit schedules, and auditor tasks are managed through a dashboard.
Audit planning, communication, people assignment, scheduling, and task assignment.
Suppliers are set up in the system by their business category and audit requirements. Questionnaires can be customized as per the supplier’s status. The Xybion solution has over 1000 predefined questionnaires for various business functions that can be customized, or your questionnaire can be uploaded to set up an audit.
Xybion software compiles all the actions and automatically generates audit reports. This helps create any follow-up actions based on the business risks using Compliance Predictor. CAPA can be initiated if required.
The traditional periodic audits are not effective to ensure the right quality. Studies show a direct correlation between the number of audits and the number of nonconformances. More audits reduce nonconformances, however, no organization can afford to manually audit a single company more than once in 12-18 months. This needs a lot of bandwidth and it is very expensive. Companies are settled with a middle path and the confidence of quality delivery is low. Xybion is solving this issue by bringing in automation in audits and continuously monitoring documents to predict potential nonconformances that can have high business risks.