Prevalent Large Enterprise Professional Services Company

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Prevalent Case Study

Large Enterprise Professional Services Company

Introduction

This case study of a large enterprise professional services company is based on a June 2021 survey of Prevalent customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

Challenges

Their primary vendor risk assessment pain points were:

Complex, manual assessment processes (e.g., using spreadsheets)

Use Case

Currently assessing their vendors for the following:

Cybersecurity

Results

Prevalent is critical on the following vendor lifecycle stages:

Sourcing and selection of vendors
Intake and vendor onboarding
Scoring inherent risks
Assessing vendors and remediating risks
Continuously monitoring for vendor cybersecurity, reputational and financial risks
Managing ongoing vendor performance and SLAs
Offboarding and termination of vendors

Agrees with Prevalent’s abilities and results:

Prevalent allows us to do our job more effectively
Prevalent’s vendor risk assessment process is invaluable to our group
Prevalent reduced the time and complexity required to perform vendor risk assessments
Prevalent provides the inherent risk visibility they need to focus on specific areas of their vendors’ risks
Prevalent provides the real-time cybersecurity, reputational and financial intelligence they need
Prevalent provides the inherent risk visibility they need to focus on specific areas of their vendors’ risks
Prevalent provides a programmatic process to offboard vendors that reduces risk

TechValidate Research on Prevalent

Large Enterprise Professional Services Company

Introduction

Challenges

Use Case

Results

Company Profile

About Prevalent

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