Latest Report: The 2022 Gartner® Market Guide for IT Vendor Risk Management Solutions
Procurement Jump Start: Improve Supplier Risk Insights in 30 Days or Less
Quickly assess, score and mitigate supplier risks - for $14,995
Prevalent Procurement Jump Start automates the assessment, scoring and remediation of supplier risks related to business resilience, environmental and social governance (ESG), anti-bribery and corruption (ABAC), diversity, modern slavery, pandemic preparedness, and SLA performance.
With an included professional services package and comprehensive quick start guide, Procurement Jump Start gives you an automated, programmatic path to gain supplier risk insights in about 30 days.
Procurement Jump Start is the perfect solution for starting a new supplier risk management program or complementing existing cybersecurity assessments conducted with the Prevalent Third-Party Risk Management Platform.
Key Benefits
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Save time and improve collaboration by managing supplier risk with a single, centralized platform
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Ensure that third parties meet contractual SLA requirements with centralized performance tracking
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Improve risk visibility by aligning procurement assessments with security and compliance requirements
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Demonstrate your organization’s awareness of ethics and environmental factors in your supply chain to auditors, board members and the public
See It in Action
Watch this 5-minute video to see how Procurement Jump Start makes it easy to assess, score and mitigate supplier risks to your business.
Key Capabilities
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Comprehensive Supplier Profiles
Enhance supplier profiles with automated updates including legal name, beneficial owners, year founded, annual revenue, industry codes, 4th party products and services, corruption perception index (CPI) scores and more.
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Procurement Assessment Library
Assess up to 100 third parties for business resilience, ESG, ABAC, diversity, modern slavery, pandemic preparedness, and performance.
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Assessment Scheduling & Management
Monitor real-time questionnaire completion progress, assign risk owners, and set automated chasing reminders to keep assessments on schedule.
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Workflow & Task Management
Communicate with business owners and coordinate remediation efforts. Capture and audit conversations, record estimated completion dates, and assign tasks.
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Executive Risk Scoring & Reporting Dashboards
Prioritize and remediate risk according to best practices with detailed risk reports.
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Remediation Guidance
Accelerate risk reduction with built-in remediation guidance.
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Document & Evidence Management
Store and manage policy documents for dialog and attestation with version control, built-in tasks, and an auto-review cadence.
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Compliance Reporting
Automatically map information gathered from assessments to regulatory and industry frameworks.
Launch Your Supplier Risk Program Now
Request a personalized demo to see how Procurement Jump Start can bring speed and scale to your supplier risk management program.
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Analyst ReportThe 2022 Gartner® Market Guide for IT Vendor Risk Management Solutions
This in-depth report defines the IT VRM market, explains what clients can expect it to do...
White PaperThe Definitive Guide to Supplier Risk Management
Discover best practices for tackling risk in your supply chain.
White PaperProcurement Risk Playbook: How to Win the Third-Party Game
This 10-page paper shares actionable steps for coordinating your team to reduce risk throughout every stage...
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Ready to get started?
- Schedule a personalized solution demonstration to see if Prevalent is a fit for you.
- Request a Demo
