Prevalent covers all of your TPRM, VRM, and SRM needs
Ready to delete those spreadsheets and automate your third-party risk management, vendor risk management, and supplier risk management program? With dozens of vendors vying for your attention – from GRC and procurement platforms to supply chain and security scoring tools – how do you cut through the noise and determine the right solution for you?
Turn to the experts. Prevalent is the only solution provider on the market that:
With Prevalent, you get a comprehensive and industry-validated solution that delivers better, faster results and empowers you to make smarter decisions with far fewer headaches.
Third-Party Vendor and Supplier Risk Management Solution Comparison
Prevalent provides the most comprehensive third-party vendor and supplier risk management solution available.
Assessment Software | Managed Services | Assessment Sharing Networks | Risk Monitoring | |
---|---|---|---|---|
Prevalent |
|
|
|
FC, FO |
Aravo |
|
PC, PO |
||
BitSight |
P |
|
|
FC |
Black Kite |
FC |
|||
OneTrust |
|
P |
|
PC, PO |
Panorays |
|
FC |
||
ProcessUnity |
|
|
|
PC, PO |
SecurityScorecard |
P |
P |
FC |
|
UpGuard |
|
P |
FC |
|
Venminder |
P |
|
P |
PC, PO |
Whistic |
P |
|
|
PC |
Legend
✔=Capability Natively Present; P=Partial Capability; FC=Full Cyber Monitoring, FO=Full Other Monitoring (Business, Reputational, Financial), PC=Partial Cyber Monitoring; PO=Partial Other Monitoring | See sources below.The Prevalent Platform is among the most intuitive third-party risk management products on the market, especially from a supplier questionnaire perspective.
— Caroline Skidmore, EVP of Ideas, Innovation and Long-Term Planning, Scherzer International
Analyst Positioning
Prevalent is the only solution provider in the market that is a Gartner representative vendor in all three essential markets (Third-Party Risk Management, Vendor Risk Management, and Supplier Risk Management), and a Leader according to Gartner, IDC, Quadrant Solutions, and Chartis.
Gartner | Gartner | Gartner | Gartner | |
---|---|---|---|---|
Position in "2021 Gartner Magic Quadrant for IT VRM Solutions" | Representative Provider in "2022 Gartner Market Guide for IT VRM Solutions" | Representative Provider in "2022 Gartner Market Guide for TPRM Solutions" | Representative Provider in "2023 Gartner Market Guide for SRM Solutions" | |
Prevalent |
Leader |
|
|
|
Aravo |
Leader |
|
|
|
Bitsight |
-- |
-- |
-- |
|
Black Kite |
-- |
-- |
|
-- |
OneTrust |
Leader |
|
|
-- |
Panorays |
-- |
|
|
-- |
ProcessUnity |
Leader |
-- |
|
-- |
SecurityScorecard |
-- |
-- |
|
-- |
UpGuard |
-- |
|
|
-- |
Venminder |
Challenger |
|
|
-- |
Whistic |
-- |
|
|
-- |
IDC | Quadrant | Chartis | ||
Position in "2022 IDC MarketScape: Third-Party Risk Management Software" | Position in "2023 Quadrant SPARK Matrix for VRM" | Position in "Integrated GRC Solutions, 2024: Market Update and Vendor Landscape" | ||
Prevalent |
Leader |
Leader |
Top 5 Category Leader |
|
Aravo |
Major Player |
Strong Contender |
Category Leader |
|
Bitsight |
-- |
-- |
-- |
|
Black Kite |
-- |
-- |
-- |
|
OneTrust |
Major Player |
Strong Contender |
Category Leader |
|
Panorays |
-- |
-- |
-- |
|
ProcessUnity |
Leader |
Leader |
-- |
|
SecurityScorecard |
-- |
-- |
-- |
|
UpGuard |
-- |
-- |
-- |
|
Venminder |
-- |
Strong Contender |
Best of Breed |
|
Whistic |
-- |
-- |
-- |
Sources:
Disclaimers:
Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
By far, Prevalent is the easiest method of doing third-party diligence ever.
— Jaspal Jandu, head of cyber security, ITV
Prevalent offers the widest choice of products, networks and managed services available to meet the needs of third-party risk management programs at every stage of maturity.
Prevalent’s Global Risk Operations Centers employ Certified Third-Party Risk Professionals (CTPRPs) ready to do the hard work of vendor onboarding, assessment and remediation management for you.
The largest network of completed, industry-standardized vendor surveys and intelligence, the greatest number of pre-built questionnaire template options, and the most comprehensive solution with VRM, TPRM, and SRM capabilities.
Prevalent is the only third-party vendor and supplier risk management solution to natively integrate continuous cyber, business, reputational, and financial monitoring with assessments to provide a complete view of risks.
Prevalent customers identify risks 44% faster, reduce manual work by 50%, and increase productivity by a factor of 3-4.
Vendor Risk Management (VRM) Explained
Building a Vendor Risk Management (VRM) program can feel like an overwhelming undertaking for many organizations. Here's an overview to get you started on the right foot.
Understand when to consider Prevalent for your third-party vendor or supplier risk management program.
This free Third-Party Risk Management RFP Kit includes a customizable questionnaire, solution comparison sheet, and scoring...
This complimentary guide details best practices for successfully managing risk throughout the vendor lifecycle.