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TrustLayer Brings Automated COI Tracking to Government Sector

TrustLayer expands its third-party risk management platform to state and local government, automating COI tracking and verification for procurement officers and risk managers.

This news matters because government agencies face unique pressures: public accountability, fixed budgets, and strict audit requirements. Manual compliance processes create measurable risk, with TrustLayer's data showing that agencies miss an average of 30% of certificate expirations before they become liability events. By automating COI tracking and verification, TrustLayer helps public agencies reduce financial and legal exposure, improve audit readiness, and free up staff from tedious paperwork. For taxpayers, this means more efficient use of public funds and fewer incidents where the government absorbs costs that should have been covered by vendors' insurance.