Unify periodic third-party risk assessments with continuous threat monitoring
Manually collecting, maintaining and analyzing risk status is inefficient, error-prone and costly.
Prevalent streamlines third-party risk management by evaluating vendors against security, compliance, performance, contractual, business continuity, financial, reputational, ethics, and diversity requirements – and validating the results with continuous cyber security, business and financial insights for 360-degree risk identification and mitigation.
Automate assessment and analysis activities to scale your TPRM program without sacrificing quality
Coordinate action on vendor risks by validating assessment results with continuous monitoring insights
Quantify and contextualize risk in business and compliance terms to prioritize tasks and optimize resources
Accelerate risk reduction with built-in remediation recommendations and closed-loop issue tracking
Conduct ad-hoc or scheduled assessments, monitor questionnaire completion progress, and set automated chasing reminders. Review and approve responses to automatically register risks, or reject responses and request additional input.
Leverage 60+ assessment templates, including industry-standard questionnaires, the Prevalent Compliance Framework (PCF), and customizable questionnaires.
Normalize, correlate and analyze information across assessment results and continuous monitoring findings for unified reporting and remediation.
Communicate with suppliers and coordinate remediation efforts. Capture and audit conversations, record estimated completion dates, and assign tasks.
Store and distribute documents for dialog and attestation – including NDAs, SLAs, statements of work, and agreements and contracts – with version control, built-in tasks, and an auto-review cadence.
Get guidance from built-in remediation recommendations to reduce residual risk.
Identify relationships between your organization and third parties to discover dependencies and visualize information paths.
Prevalent gave us the ability to understand the cybersecurity dangers to our company data, employees and patients.
— Global 500 Pharmaceutical Company
Ensure that vendors deliver on their promises by continuously monitoring financial health, reputation, and more.
Eliminate spreadsheets once and for all by automating the scheduling, collection, analysis, management, and remediation of vendor risks in a central platform.
Gain a closed-loop view to validate vendor risks and remediations by combining assessments with continuous monitoring.
See why Prevalent is named a Leader among 23 IT VRM providers
This complimentary guide distills 5 key best practices for third-party risk management from our 15+ years...