Case Study: Medium Enterprise Energy & Utilities Company achieves faster vendor assessments and stronger third-party risk management with Prevalent

Medium Enterprise Energy & Utilities Company - Customer Case Study

Medium Enterprise Energy & Utilities Company engaged Prevalent to address growing third‑party cyber risk and an overly manual vendor assessment process. The organization selected the Prevalent third‑party risk management solution to strengthen cybersecurity, reduce the operational burden of assessing vendors, and gain greater risk‑based intelligence after facing gaps in automation, continuous monitoring, evidence sharing, and a consistent vendor risk methodology.

Prevalent implemented its platform to automate surveys, schedule assessments with automated reminders, centralize evidence, maintain an automated risk and compliance register, and enable in‑solution supplier communication and tasking. The customer rated Prevalent’s capabilities as highly differentiated and reported measurable impact: average assessment time dropped from 3–4 weeks to 2–3 weeks (saving several days per assessment), with improved visibility via dashboards and streamlined remediation workflows.