Analyst Insight: The Gartner® Market Guide for IT Vendor Risk Management Solutions
As data breaches, supply chain disruptions, and other incidents are increasingly traced to vendors and suppliers, more industry and government regulations are requiring organizations to implement policies for effectively managing third-party risk.
Prevalent offers a single, unified third-party risk management (TPRM) platform that streamlines your compliance initiatives by automating risk assessment, monitoring, analysis and reporting throughout the vendor lifecycle.
Design a new TPRM program, or optimize your existing program, with professional services and managed services experts.
Leverage a library of 200+ standard assessments, or build your own custom surveys, backed by fully automated workflow management.
Conduct continuous cyber, operational, reputational and financial monitoring to reveal potential third-party risks and inform prioritization and risk awareness.
Tune analysis and scoring to your organization's specific risk tolerances and other unique business requirements.
Map answers to control frameworks to measure compliance, project future risks, predict business outcomes, and gain remediation recommendations.
Communicate compliance and risk status across the vendor landscape with reports tailored to assessors, executives and other stakeholders.
Adhere to guidelines, best practices and standards for identifying, assessing, and managing third-party cybersecurity risks to your organization.
Review and report on environmental, social and governance practices and performance in your extended supply chain.
Follow best practices for assessing, monitoring and mitigating risks associated with your organization's vendor and supplier relationships.
Ensure that third-party vendors and service providers are able to safeguard personal information and prevent its misuse.
Prevalent has helped us have an evidence-based methodology of third party compliance.
— Project Manager, Small Business Professional Services Company
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