>These questionnaires are time consuming and redundant.
This is how data breaches happen. You should be willing to jump through a few, usually reasonable, hoops if you're storing medical and financial data.
Instead of looking for a quick-fix that will "suffice", you may consider actually securing the sensitive data you hold on other people.
Edit: After a little googling, I'm genuinely concerned about the product you are offering, at a firm of your size, with no compliance. Yikes from me.