Case Study: Large Wright Express Corporation achieves faster, scalable vendor risk assessments (≤1 hour/vendor, 6–10 day turnaround) with Prevalent

Large Wright Express Corporation - Customer Case Study

Large Wright Express Corporation, a financial services company, faced time-consuming third‑party risk assessments—taking 2–3 hours per vendor and 11–20 days to receive completed responses—which limited them to 21–50 assessments per year. To address this bottleneck they engaged Prevalent for managed collection and analysis services.

Prevalent’s managed collection and analysis reduced assessment effort to one hour or less per vendor and shortened turnaround to 6–10 days, enabling the company to complete 50+ assessments annually, redirect previously dedicated resources to other activities, and plan to grow vendor assessments by 11–25%. Prevalent’s capabilities were also rated differentiated to very differentiated across onboarding, evidence collection, review, remediation, and reporting.