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  3. Prevalent Third-Party Risk Management Platform
Logo of Prevalent Third-Party Risk Management Platform

Prevalent Third-Party Risk Management Platform

byMitratech (Prevalent)
in
4.2

Overview

Product Information on Prevalent Third-Party Risk Management Platform

Updated 25th April 2023

What is Prevalent Third-Party Risk Management Platform?

The Prevalent Third-Party Risk Management Platform is a SaaS solution that automates workflows required to onboard, assess, manage, continuously monitor and remediate third-party vendor and supplier security, privacy, compliance, procurement and supply chain-related risks across every stage of the vendor lifecycle.

Prevalent Third-Party Risk Management Platform Pricing

Prevalent Third-Party Risk Management Platform Product Images

Prevalent Vendor Profile
Prevalent Vendor Profile

Overall experience with Prevalent Third-Party Risk Management Platform

IT Governance Analyst
10B - 30B USD, Healthcare and Biotech
FAVORABLE

“Customizable Platform Simplifies Tasks but Vendor User Management Features Are Limited”

4.0
Dec 12, 2025
Platform is easy to use and offers many options for customization.
IT Security & Risk Management Senior Expert
1B - 3B USD, Banking
CRITICAL

“Dated Product Interface Lacks Crucial External Integrations”

2.0
Oct 2, 2024
The product is very clunky with a dated UI/UX. Several basic functionalities and customisations are unavailable.

About Company

Company Description

Updated 30th October 2024

Mitratech Prevalent helps companies reduce security and compliance exposures that come from working with vendors and suppliers throughout the third-party risk management lifecycle.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1998
Head office location
United States
Number of employees
1001 - 5000
Website
https://prevalent.net

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Prevalent Third-Party Risk Management Platform
Deciding Factors: Prevalent Third-Party Risk Management Platform Vs. Market Average
Performance of Prevalent Third-Party Risk Management Platform Across Market Features

Prevalent Third-Party Risk Management Platform Likes & Dislikes

Like

The ability to create your own questionnaires is great. Report generation is instant. Customization of email alerts and responses is great.

Like

None.

Like

Pretty straightforward to use and gets you a nice work product.

Dislike

Vendor users are not able to see other users from their organization. This causes problems when they try to invite other users. Vendor users are not able to remove users from their profile. This causes the business headache as they then have to manage all users. When tasks are opened, there is no place to add files nor clear indication where files should be uploaded.

Dislike

Lacks external integration with apps like Slack Poor UI/UX Customisation is very minimal

Dislike

Unfortunately, it still requires your vendors to do some lifting which is where things always fall down in the process. So many folks try to get by with standardized DDQs.

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Peer Discussions

Prevalent Third-Party Risk Management Platform Reviews and Ratings

Showing data for 124 ratings and reviews for IT Vendor Risk Management Solutions (Transitioning to Third-Party Risk Management Technology Solutions) market. View all 124 ratings and reviews across markets for a complete picture.

4.2

(124 Ratings)

Rating Distribution

5 Star
43%
4 Star
49%
3 Star
6%
2 Star
2%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.4

Integration & Deployment

4.4

Service & Support

4.6

Product Capabilities

4.4

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • IT Governance Analyst
    10B+ USD
    Healthcare and Biotech
    Review Source

    Customizable Platform Simplifies Tasks but Vendor User Management Features Are Limited

    4.0
    Dec 12, 2025
    Platform is easy to use and offers many options for customization.
  • IT Security & Risk Management Senior Expert
    1B-10B USD
    Banking
    Review Source

    Dated Product Interface Lacks Crucial External Integrations

    2.0
    Oct 2, 2024
    The product is very clunky with a dated UI/UX. Several basic functionalities and customisations are unavailable.
  • COO/Senior Counsel
    50M-1B USD
    Banking
    Review Source

    A useful software service with a lot of ongoing support

    5.0
    Aug 8, 2024
    Was a fairly smooth transition and they provide an abundance of follow up support.
  • Director of Third-Party Risk Management
    50M-1B USD
    Finance (non-banking)
    Review Source

    "Prevalent: A Breakout TPRM System that's Learning Fast and Climbing Quick"

    4.0
    May 12, 2023
    My experience with Prevalent has been very positive. The company has been very hands-on with us, from our onboarding to the biweekly/monthly cadence calls, to our support questions and beyond. It feels like the company is focused on growing their services with their clients, which is a huge plus. As expected, there are hiccups in the system every now and then, but the support staff is always willing to assist and help diagnose the issues.
  • F&I Compliance Steering Specialist
    1B-10B USD
    Finance (non-banking)
    Review Source

    Easy straightforward and flexible - but support could be better when things go wrong.

    3.0
    May 10, 2023
    Prevalent manages to cover all the critical requirements of our organisation exceptionally well - from our tender process they exceed all of the competition in this area. The system is not too bogged down with fluffy extras, and the interface is clean and simple. The provision of a well documented API really enhances the overall value we get from the product. On-system reporting functionality could be enhanced - the included reporting functions are quite rigid and do not allow you add / remove fields from exports. As a SAAS solution, I would expect better cross-device functionality. It is impossible to use the system on a phone for example, as the pages do not scale to that size. The service desk experience has not been the best - slow response times, lack of updates and prioritisation of tickets has been our experience. Prevalent do seem to have improved with this recently, but it has historically been a pain point. In short - when the system works, it's generally excellent - but it must become easier for us to manage when things do go wrong.
...
Showing Result 1-5 of 124

Recommended Gartner Research

  • Market Guide for IT Vendor Risk Management Solutions (Transitioning to Third-Party Risk Management Technology Solutions)

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