Logically prioritize vendors for onboarding based on known service attributes.
Professional Services for Maturing Your Third-Party Risk Management Program
Prolific data breaches and complex compliance regulations are driving more organizations to formalize their third-party risk management functions. What were once short-term, tactical projects delivered in organizational silos are now strategic, enterprise-wide programs with extended lifecycles. As a result, an incomplete program can end up wasting time, resources and money.
The Prevalent™ Professional Services team puts you on the right path to achieving third-party risk management maturity with minimal hassle.
The Prevalent Professional Services organization works with you and your partners to deliver best practices and a cost-effective path to a successful Prevalent Third-Party Risk Management Platform (TPRM) implementation.
Professional Services engineers deliver advisory, installation and configuration, knowledge transfer, and ongoing optimization to meet your architectural and business requirements, with multiple professional services package options available to fit your project scope.
Prevalent utilizes a proven, 8-step program customized to your program maturity level.
Prevalent Advisory Services help your organization establish a new TPRM program or mature your existing program based on best practices. By baselining the essential components of a comprehensive TPRM program, Prevalent partners with you to achieve objectives and milestones while documenting operational processes.
Development of a basic Third-Party Risk Management Program, designed to meet industry best practices and enable customers to leverage the Prevalent software platform.
Development of an enhanced Third-Party Risk Management Program, designed to meet industry best practices and enable customers to leverage the Prevalent software platform supporting vendor classification processes and the increased timeframe
Prevalent TPRM Implementation Services includes deliverables such as onboarding, training, an operation manual, survey creation and risk remediation recommendations. We work with you, your partners and systems integrators to ensure a mature and complete TPRM program.
Implementation and configuration of the platform using an 'Out of the Box' Assessment.
Implementation and configuration of the platform using an 'Out of the Box' Assessment, inclusive of a Supporting Operational Manual for Third Party Process (Single Use Case).
Prevalent Program Health Check & Optimization Services measure the health of your third-party risk management program, identifying opportunities for development and optimization. With quarterly check-ins to review program milestones, Prevalent ensures customers are continuing to progress their TPRM programs.
The Prevalent Third-Party Risk Management Platform is a unified solution that provides a 360-degree view of vendor risk. With the Prevalent TPRM platform, you simplify compliance, reduce risk, and improve efficiency to scale your third-party risk management program.
Prevalent, “leads the pack with a third-party risk management platform… best for companies that want one TPRM tool with integrated cyber-risk ratings.” The Forrester New Wave™: Cybersecurity Risk Rating Solutions, Q4 2018. Nick Hayes and Trevor Lyness. November 13, 2018