Case Study: Leading Medium Enterprise Professional Services Company cuts vendor assessment time by one week and centralizes third-party risk management with Prevalent

Leading Medium Enterprise Professional Services Company - Customer Case Study

Leading Medium Enterprise Professional Services Company faced growing third‑party cyber and compliance risk and an unsustainable operational burden assessing vendors, with requirements to report against GDPR and ISO 27001. To centralize TPRM, enable continuous monitoring, and get guidance on regulatory standards, they selected Prevalent’s third‑party risk management solution.

Prevalent implemented a centralized platform with automated assessment scheduling and reminders, document/evidence management, an automated risk and compliance register, in‑solution supplier communications, outside‑in third‑party scanning, framework mapping, and a consolidated dashboard. As a result, Prevalent reduced assessment time from 2–3 weeks to 1–2 weeks—saving about one week per assessment—and enabled the company to scale vendor assessments (targeting an 11–25% increase) while improving visibility and remediation workflows.