Case Study: Small Business Professional Services Company achieves rapid vendor sourcing, faster onboarding, and major cost savings with Prevalent

Small Business Professional Services Company - Customer Case Study

Small Business Professional Services Company faced lengthy, manual vendor risk processes—spending more than a week to source/select vendors and to onboard them—because teams had to scour disconnected information sources. To address this, they turned to Prevalent’s vendor risk management solution to streamline assessments across cybersecurity, data privacy, and financial & credit areas.

Prevalent implemented its vendor risk management platform to support sourcing, intake/onboarding, risk scoring, remediation, and continuous monitoring. As a result, sourcing and selection time fell from 1 week+ to 2–4 hours and onboarding dropped from 1 week+ to about 1 day+, while the company reported reduced time and complexity, major cost savings, and improved real-time cybersecurity, reputational, and financial intelligence from Prevalent.