Prevalent manages risk across the entire customer lifecycle, they have helped with intake, monitoring, all he way through to offboarding.
We are now able to have a structured approach to vendor risk assessments and contract management.
We can now create detailed reports on each vendor and track our remediation efforts much more easily and in one place. The automated system saves us a lot of time with communications and completed assessment reminders.
The Prevalent platform has made our TPRM processes seamless. We are getting good results and that makes me really happy!
Prevalent is great at enabling automation across TPRM workflows. They understand best practices and work to help your company get there.
Prevalent has automated and brought consistency to the initial onboarding of all third parties, which has allowed the team to focus on what matters.
Great risk management capabilities.
GRC players have clunky solutions, and it is hard to extract insights on the provided vendor data. Prevalent has automated processes that make this more streamlined.
Flexible third-party risk management tool. Easy for questionnaire administration, risk scoring, review and analysis.
Highly valued tool that has delivered growing benefits over the years. The product supplied is robust and meets my needs. When we've hit issues, customer service has been exceptional with a great mix of well-established processes and excellent relationships."
Before Prevalent, the use of suppliers was siloed and not visible to all; and in some cases invisible to all but the project manager and procurement. Now firmly embedded into our onboarding process, Prevalent is our repository of suppliers past and present.
Prevalent is an amazing, powerful platform/service that is developed and supported by great people. Since deploying this tool, our ability to manage our TPRM program across multiple teams has gone from strength to strength. We have often been able to demonstrate out maturity in this area due to the feature-rich and flexible product set.
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...