Simplify the assurance of your critical suppliers

Pooled audits are a collaborative audit approach where a single supplier audit is conducted and shared across multiple organisations. This reduces duplication, lowers costs, and provides consistent, high-quality assurance for all participating buyers.

Pooled audits work by auditing a supplier once using a standardised framework, with the results shared across a community of organisations. This eliminates the need for multiple individual audits and ensures consistent evaluation of supplier risk and compliance.

Traditional supplier audits are conducted separately by each organisation, often leading to duplication and inconsistent standards. Pooled audits, by contrast, use a single, shared audit process that delivers consistent results and reduces the burden on both buyers and suppliers. 

Pooled audits reduce supplier audit fatigue by replacing multiple audit requests with a single, shared assessment. This minimises repetitive questionnaires and allows suppliers to focus on improving compliance rather than responding to duplicate audits.

Pooled audits improve supplier risk visibility by providing detailed, standardised reports across key risk areas. This gives organisations a clearer and more consistent understanding of supplier risk, enabling better decision-making. 

Pooled audits support compliance by aligning with recognised frameworks such as ISO 27001, NIST, GDPR, and DORA. This ensures suppliers are assessed against industry standards and provides organisations with audit-ready evidence for regulators. 

Pooled audits help procurement and risk teams reduce audit costs, save time, and improve efficiency. They also provide deeper supplier insights, enabling organisations to focus on managing risk rather than conducting repetitive audit processes.

Organisations should use pooled audits when they need deeper supplier assurance. They are particularly useful for critical suppliers where consistent, high-quality risk assessment is required. 

A Hellios pooled audit includes a detailed assessment of supplier risk across areas such as cyber security, data privacy, business continuity, and operational resilience. The audit builds on existing supplier data and provides a comprehensive, standardised report.

Pooled audits reduce costs and workload by sharing a single audit across multiple organisations. This removes duplication, reduces internal resource requirements, and allows teams to focus on strategic risk management instead of manual audit processes.