Prevalent has enabled us to streamline and speed up our risk assessment processes, to assess more suppliers, and to identify and focus on more key risks
Prevalent allows us to manage third-party risk in an organized way.
We did not have a process for identifying vendor or supply chain risk prior to the installation and creation of our Prevalent platform. Since we moved from the install to BAU, we have been through the process of onboarding our critical and NIS scope suppliers. This will enable us to have a greater understanding of the risks posed by our suppliers and the risks posed to our supply chain as an OES (Operator of Essential Services).
Excellent system for managing third-party reviews.
Collaborative and best in class! Successful partnership. Access to high-quality resources.
Overall it has been a positive experience having received very good support and advice from Prevalent to meet our requirements. It has been a truly collaborative exercise where they have listened to our needs and come up with solutions that best fit our requirements. Any of our concerns have also been quickly looked into and we have been kept well informed throughout the process.
The process is now formalized, whereas before it was just spreadsheets. We can now report on aggregated risks from a central location, too.
See case studyWe haven’t experienced that level of partnership before. Prevalent’s level of engagement was out of this world.
Prevalent is an expert in the space. When we have a new type of vendor or risk we want to assess, they are helping us build those specific processes. Its hard for GRCs to offer that support.
Before Prevalent, the use of suppliers was siloed and not visible to all; and in some cases invisible to all but the project manager and procurement. Now firmly embedded into our onboarding process, Prevalent is our repository of suppliers past and present.
Excellent tool. Prevalent provides a good product, and they are engaged and responsive.
Excellent product with wide-ranging functionality. We have had an excellent experience, the team is very responsive, and the product provides us with functionality we need.
Automating Vendor Risk Management
Learn how Keith Lichtenwalner’s global pharmaceutical company leverages Prevalent to automate its vendor risk management program.
Reducing Vendor Risk, Achieving Compliance
Learn how Andrew Prodromos leverages Prevalent to reduce vendor risk and achieve compliance at Insight Partners.
Prevalent customers report an average 50% time savings managing assessments.
Customers report getting assessment responses 8.3 days earlier (44% faster).
Teams using Prevalent are 2.8x more productive and complete 179% more assessments than before.
The majority of Prevalent customers report plans to increase their number of assessments up to 25% in the next year.
“We haven’t experienced that level of partnership before. Prevalent’s level of engagement was out of this...
“The Prevalent Platform is among the most intuitive third-party risk management products on the market, especially...