See case studyThe Prevalent Platform is among the most intuitive third-party risk management products on the market, especially from a supplier questionnaire perspective.
See case studyWe haven’t experienced that level of partnership before. Prevalent’s level of engagement was out of this world.
Up front, we really rely on Prevalent’s expertise to help us create vendor short lists. They are providing tons of intelligence on the risks of vendors and suppliers during the RFP process, and helping us create a short list full of secure and trustworthy companies.
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).
Easy to use third-party risk management platform. A great tool for assisting with tracking and assessing our third parties for risk. The platform is easy to pick up, use and support is prompt and helpful.
Prevalent has allowed me to allocate more of my time to dealing with actual risks, rather than on collecting and tracking assessment responses.
We have risk reporting on time when we need to report to the authorities. Consistent reporting metrics is another key benefit.
Prevalent has significantly reduced the time I have to spend managing our vendor due diligence process while achieving results that would be difficult and costly to replicate in-house.
We extensively use their framework surveys and risk register functionality, which has helped us stay aligned with regulations. It's extremely scalable and customizable, and the team is always there to help when we needed something tailor-made for us.
We are now able to have a structured approach to vendor risk assessments and contract management.
Prevalent can offer assessments of all different types based on unique risk logic, they don’t just use cut and paste assessments like some of the other smaller players.
Prevalent have provided us with a scalable, repeatable approach both in terms of efficiency and cost which really addresses the issues we were facing around our supplier risk management.
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...