AI-Drafted — Human-Reviewed — Never Auto-Submitted

Security Questionnaire Response Software That Gets Faster Every Time

Answering a security questionnaire from an enterprise customer takes 4–8 hours — most of it copy-pasting your own old answers out of email threads and last quarter's spreadsheet. VendorAuditly's Answer Bank uploads the questionnaire, drafts every answer from your own history and evidence, and gets faster with every questionnaire you complete. You review and approve every word before anything leaves your screen.

What this tool actually does
VendorAuditly's Answer Bank extracts every question from an inbound security questionnaire (PDF or XLSX), drafts an answer for each one using your own answer history plus uploaded SOC 2/ISO/policy evidence with a confidence score and source citation, and lets you accept, edit, or skip every answer before exporting the finished set as PDF or XLSX. Nothing is ever sent automatically. Every answer you accept is saved back to your answer bank, so the next questionnaire — even from a different customer — drafts faster than the last.

Two opposite questionnaire problems

Sending questionnaires and answering them are not the same job

Most "security questionnaire software" is built for one side of the relationship. VendorAuditly is one of the only platforms built for both — as two clearly separate tools, not one confused feature.

The sender side

Assessing your own vendors

If you're sending questionnaires to the vendors you use — SaaS tools, IT suppliers, contractors — that's VendorAuditly's core security questionnaire software: adaptive question sets, auto-chase, AI response review, and risk scoring.

  • Adaptive question selection per vendor
  • Automated chase emails at Day 7 / Day 14
  • AI flags blanks and concerning answers
This page — the responder side

Answering questionnaires your customers send you

If a bigger customer just emailed you a 60-question security questionnaire and you have to answer it, this is the tool. The Answer Bank drafts your responses from your own history and evidence, and every accepted answer makes the next questionnaire faster.

  • Upload the questionnaire (PDF or XLSX) — questions extracted automatically
  • AI drafts answers with confidence scores and citations
  • You review everything — accept, edit, or skip, never auto-submitted

Both tools live in the same VendorAuditly account at the same $49/month price — because most growing companies are both: you assess the vendors you rely on, and you get assessed by the bigger customers relying on you. No enterprise TPRM platform bundles both directions. Most responder-only tools (SecurityPal, Loopio, Conveyor) don't do the sender side at all, and cost enterprise prices for what they do offer.


How it works

Upload, draft, review, export — four steps, five minutes to your first draft

No new questionnaire format to learn. Upload the exact PDF or spreadsheet your customer sent you.

1

Upload the inbound questionnaire

Drop in the PDF or XLSX file exactly as your customer sent it. VendorAuditly extracts every distinct question automatically — including multi-part questions buried inside a single cell or paragraph — no manual re-typing, no reformatting.

2

AI drafts an answer for every question

For each question, the Answer Bank searches your own growing answer history plus any supporting evidence you've uploaded — SOC 2 report, ISO 27001 certificate, security policies — and drafts a response. Every draft comes with a confidence score and a citation showing exactly where the answer came from.

3

You review every single answer

Nothing is pre-approved. Every question shows its draft answer, confidence score, and source. You accept it as-is, edit the wording, or skip it and answer manually — question by question, at your own pace, with progress saved as you go.

4

Export and send back

Download the finished, reviewed answer set as a clean PDF or as XLSX — whichever format your customer's procurement team expects back. Only the answers you approved are included; drafts you skipped never appear in the export.


The actual advantage

It's not a one-off template — it gets faster every time

A saved Word template answers the same 15 questions every questionnaire asks. The Answer Bank grows every time you use it, so later questionnaires — even from a completely different customer — need less manual work than the first one.

Your 1st questionnaire

Mostly manual

High confidence
You answer

Empty answer bank — almost everything is "not found," so you're answering from scratch. Every answer you accept gets saved.

Your 5th questionnaire

Mostly drafted

High confidence
You answer

Most of the recurring, boilerplate security questions — MFA, encryption, incident response, backups — now draft at high confidence automatically. You're reviewing, not writing.

This is why VendorAuditly's version of this feature is bank-based, not template-based: answers stay tied to the specific question they answered, get resurfaced by recency, and improve in coverage the more your company gets assessed — which, if you're growing and selling to bigger customers, only happens more often over time.


Why human review, not full automation

The AI drafts. It never decides. It never sends.

Security questionnaires exist so your customer's compliance team can trust what you tell them. An AI silently submitting an answer you never saw defeats the entire purpose — that's the single biggest reason compliance teams don't trust unsupervised AI-drafted questionnaire tools.

No auto-submit, anywhere

There is no "send" button for the AI to press

The only outputs of the Answer Bank are a PDF and an XLSX file that download to your computer. There is no API call, no email, no webhook that transmits an answer to your customer without you first clicking Accept on that specific question and then choosing to export.

Every export contains only the answers you personally approved
Every draft shows its work

Confidence score and source citation on every answer

You're never asked to trust a black box. Each drafted answer shows whether it's high, medium, or low confidence, and cites the exact answer-bank entry or evidence document it drew from — so you can verify a claim before you approve it, not after it's already gone to your customer.

Edits never overwrite silently

A one-off edit doesn't rewrite your canonical answer

If you edit a drafted answer for one specific questionnaire, that edit is saved as its own new answer-bank entry — it never silently overwrites the original answer other future questionnaires might still correctly reuse. Your answer bank only grows more accurate, never accidentally corrupted by a one-off exception.


The pricing reality

Responder-only tools charge enterprise prices for half the product

SecurityPal, Loopio, and Conveyor are built well for answering questionnaires — but none of them help you assess your own vendors, and none publish SMB pricing. VendorAuditly does both, starting free.

💳
Responder-only tools
SecurityPal · Loopio · Conveyor
Answer inbound questionnaires✓ Yes
Assess your own vendors✕ Not offered
Insurance / compliance tracking✕ Not offered
PricingEnterprise sales only
Free plan✕ No
✓
VendorAuditly
Answer Bank + full vendor risk platform
Answer inbound questionnaires✓ Yes
Assess your own vendors✓ Full platform
Insurance / compliance tracking✓ Included
Pricing$49/month
Free plan✓ Free on 3 vendors

Buyer surveys on responder-tool acceptance rates (Vanta's own reported figures) show 90%+ of AI-drafted answers get accepted with little or no editing once an answer bank has real history in it — the same compounding effect this page describes above. See the full TPRM platform →


Common questions

Security Questionnaire Response Software — FAQ

What is security questionnaire response software?
Security questionnaire response software helps a company answer the security questionnaires their enterprise customers send them — the opposite of tools that help you assess your own vendors. It typically extracts questions from an uploaded document, drafts answers from a knowledge base of previous responses and evidence documents, and lets a human review and approve each answer before it's sent back. VendorAuditly's version is called the Answer Bank.
Does the AI ever submit an answer without me seeing it?
No. There is no automatic submission path anywhere in the product. The Answer Bank only produces a downloadable PDF or XLSX file, and only accepted/edited answers appear in that export — questions you skip or haven't reviewed yet are simply left out. You control every word that leaves the tool.
What file formats can I upload and export?
Upload the inbound questionnaire as a PDF or XLSX spreadsheet — whatever format your customer sent. Export the finished, reviewed answers as either a PDF (for a clean, presentable document) or XLSX (to match the exact spreadsheet format many procurement teams expect back).
What happens to the answers I accept — are they reused?
Yes — this is the core mechanic. Every answer you accept unedited from a source in your answer bank marks that entry as recently used, so it keeps surfacing for future questions. Every new or edited answer is saved as a new answer-bank entry. Over time, this means later questionnaires draft faster and at higher confidence than your first one, because the bank has more of your real, previously-approved answers to draw from.
How is this different from VendorAuditly's other security questionnaire software?
VendorAuditly has two separate tools for two opposite jobs. Security questionnaire software is for sending questionnaires to the vendors you use and assessing their risk. The Answer Bank, described on this page, is for answering questionnaires that your own customers send to you. Most companies eventually need both — they're included in the same account.
How is this different from SecurityPal, Loopio, or Conveyor?
SecurityPal, Loopio, and Conveyor are dedicated responder-side tools with enterprise-only, undisclosed pricing, and none of them offer a vendor-assessment (sender) side. VendorAuditly's Answer Bank covers the same responder use case — upload, AI draft with confidence scoring, human review, export — bundled into the same $49/month plan as VendorAuditly's full vendor risk management platform, with a free tier on 3 vendors.
Is there a free plan?
Yes. VendorAuditly is free forever on 3 vendors, which includes the Answer Bank for inbound questionnaires. No credit card is required to start. Paid plans begin at $49/month for unlimited vendors, full automation on the sender side, and the complete evidence pack library (SOC2, DORA, NIS2, APRA CPS 230, HIPAA, and more).
Answer Bank — inbound questionnaire response

Stop copy-pasting old answers into new questionnaires

Upload, get AI-drafted answers with confidence scores, review, export. Free on 3 vendors — $49/month for unlimited.

No credit card required. Answer your first questionnaire in under 15 minutes.