Akitra Andromeda® Slashes JIFFY.ai's Compliance Costs by Half, Redefining Operational Efficiency
Streamlining operations and enhancing productivity through the Agentic AI-powered, Akitra Andromeda® Compliance Automation Platform.
At the forefront of operational innovation, JIFFY.ai leverages a full-stack platform integrating AI and no-code technologies to address the complex challenges faced by banks, financial services companies, and Fortune 500 organizations. As JIFFY.ai recognized the critical need for compliance recertifications in their fast-paced industry, especially SOC 2 Type II and HIPAA, they embarked on their journey towards compliance using an automation platform, and the strategic choice of Agentic AI-powered, Akitra Andromeda® compliance automation platform became instrumental. JIFFY.ai’s selection of Akitra Andromeda® was pivotal in reshaping its approach to regulatory adherence, providing transparency, and delivering substantial efficiency gains.
The Challenge
Operating in industries with stringent compliance requirements, JIFFY.ai faced the challenge of efficiently navigating through the complexities of SOC 2 Type II and HIPAA certifications:
Complex Compliance Landscape: JIFFY.ai found itself in an intricate compliance landscape characterized by diverse and stringent regulatory requirements.
Stringent Compliance Requirements: Operating in the financial, telecommunications, and pharmaceutical sectors, JIFFY.ai faced the challenge of meeting strict compliance requirements, including SOC 1 Type II, SOC 2 Type II, HIPAA, and ISO 27001.
Manual Approach Drawbacks: The manual nature of compliance processes led to inefficiencies, increased risk of errors, and substantial resource consumption, highlighting the necessity for a transformative solution to enhance transparency, clarity, and overall compliance effectiveness.
“In Akitra, the precision in control definitions brings clarity to areas of non-compliance. The team’s round-the-clock availability ensures continuous support and assistance. Integrations with tools like Jira simplify evidence retrieval, and the promise of continuous monitoring ensures early risk identification. These aspects collectively make Akitra an invaluable asset in our compliance journey.”
Anoop VK
AVP of Cloud Engineering & CISO, JIFFY.ai
Akitra's Solution
Akitra Andromeda® stepped in to address JIFFY.ai’s compliance challenges with its Agentic AI-powered, compliance automation platform. Leveraging advanced technologies such as artificial intelligence, Akitra® provided a tailored solution that automated key compliance tasks:
Transparent Controls Definition: Akitra Andromeda® provided a transparent framework, defining compliance controls clearly. This clarity empowered JIFFY.ai to identify and address compliance requirements efficiently.
Efficient Evidence Mapping: Akitra Andromeda® streamlined the evidence mapping process, offering a user-friendly experience. The Akitra® team was pivotal, guiding JIFFY.ai through the evidence submission process and ensuring alignment with auditor expectations.
Integration Capabilities: Akitra Andromeda® seamlessly integrated with JIFFY.ai’s existing tools, eliminating the need for manual screenshots. This integration enhanced the efficiency of the compliance workflow.
Continuous Compliance Monitoring: Akitra Andromeda® is geared to offer continuous compliance monitoring. This key feature will enable JIFFY.ai to identify and address real-time non-compliance risks.
Template Accessibility: Akitra Andromeda® offers ready-to-use templates as required for any new policies and procedures. This feature streamlines compliance adoption for organizations new to the changing processes.
The Result
The implementation of Agentic AI-powered, Akitra Andromeda® compliance automation platform yielded impressive results for JIFFY.ai:
Cost Savings and Efficiency Gains: JIFFY.ai estimates a 50-60% reduction in compliance costs thanks to Akitra Andromeda® compliance automation platform. The clarity of controls and efficient evidence mapping saved significant time and resources compared to the previous manual compliance processes.
Enhanced Customer Trust: SOC 2 Type II, HIPAA, and ISO 27001 have become key differentiators and standards for compliance in today’s rapidly changing technology environment, eliminating sales obstacles and establishing a higher level of trust with customers, particularly in the financial domain.
Continuous Compliance Monitoring: JIFFY.ai anticipates ongoing benefits, including constant compliance monitoring and enhanced customer transparency through Akitra®’s trust center.
“In terms of value, Akitra® has cut our compliance costs by approximately 50%, providing immense savings compared to traditional methods. The streamlined process has not only saved us months of auditing complexities but also reduced the ambiguity in evidence requirements, resulting in an overall 50-60% increase in efficiency.”
