Mitratech Prevalent
Assess, monitor, and remediate risk across your third-party vendor and supplier risk management lifecycle with unified, AI-powered software.
Protect Your Vendor Relationships (And Your Business)
Cyber-attacks are increasingly traced back to third parties, privacy concerns are driving new regulations, and disruptions continue to impact global supply chains – all of which mean your vendors and suppliers must have the necessary controls and processes in place to protect your organization (and fast!).
But manually collecting, analyzing, and reporting on that risk data across an ever-expanding vendor landscape is inefficient, error-prone, and costly.
Enter Mitratech’s unified, automated third-party risk management (TPRM) solution, Prevalent, designed to simplify and accelerate risk reduction and compliance.
Risk-Free Partnerships Start with the Right Third-Party Risk Management Software
The Mitratech Third-Party Risk Management solution combines automated, standardized risk assessments with continuous risk monitoring and remediation management across the entire third-party lifecycle – from onboarding to off boarding.
Our market-leading platform is complemented by vendor intelligence networks, offering on-demand access to completed, standardized risk reports on thousands of companies. Plus, our solutions come backed by expert managed services to help you optimize and mature your TPRM program.
All of this is delivered on a secure and reliable foundation that you can trust, allowing you to confidently scale your third-party risk management program as your business grows.
Unlock a Smarter Way to Manage Your Third-Party Risk. Schedule Your Demo Today.
See if Mitratech Prevalent is the right fit for your TPRM needs. Get in touch with our experts today!
See the Mitratech DifferenceWhen Should You Consider Third-Party Risk Management Software?
So, how do you know if your organization has outgrown spreadsheets, shared drives, and email chains? If you recognize any of these warning signs, it’s likely time to consider a more effective approach to managing your vendor ecosystem.
Too Many Vendors, Not Enough Resources:
If your team is drowning in a sea of vendors, chasing down information, certifications, or risk assessments, manual processes will only take you so far. The more partners you have, the bigger the blind spots.
Key Capabilities for the Third-Party Risk Management Lifecycle
The Mitratech Prevalent TPRM solution addresses risks across your entire third-party vendor and supplier lifecycle. By automating core tasks, surfacing actionable insights, and facilitating seamless collaboration, TPRM software enables your team to focus on strategic risk reduction instead of wrestling with spreadsheets.
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Sourcing & Selection
Centralize the distribution, comparison, and management of RFPs and RFIs, adding demographic, 4th-party, ESG, business, reputational, financial, and cyber intelligence to improve risk visibility in the vendor sourcing process.
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Intake & Onboarding
Quickly onboard new vendors with a simple intake form, available to all internal users. Build a single source of truth for each vendor, centralizing contracts and firmographic, business, financial, reputational, compliance, ESG, and cyber risk data for use by all enterprise stakeholders.
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SLA & Performance Management
Centrally measure program effectiveness by establishing and tracking SLAs, KPIs, and KRIs. Determine compliance, verify adherence to contract terms, and strengthen vendor negotiations.
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Inherent Risk Scoring
Tier and categorize all vendors by calculating inherent and residual risk scores based on the likelihood and potential impact of security, compliance, and operational incidents.
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Monitor & Validate
Validate vendor controls and improve risk scores by correlating assessments with continuous monitoring of cyber threats, business risks, financial problems, regulatory findings, and reputational concerns.
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Assess & Remediate
Leverage our library of 800+ assessment templates, use AI to automatically complete new third-party risk assessments, and leverage built-in recommendations to reduce risk.
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Offboarding & Termination
Automate contract assessments and offboarding procedures to reduce your organization’s risk of post-contract exposure.
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Risk Analytics & Insights
Easily customize your reporting and dashboards to tell your story and inform strategic decisions. Flexible analytics empower you to visualize risk trends, create executive-ready reports, and give stakeholders the clarity they need to act confidently.
Stay Ahead of Third-Party Risk with Mitratech
The Mitratech Prevalent TPRM solution combines AI-powered risk assessments with continuous risk monitoring and remediation management across the entire third-party lifecycle - from onboarding to offboarding.
Request a Personalized DemoAccelerate Assessments and Drive Down Costs with Automation
By leveraging advanced automation and standardized workflows, third-party risk management software removes the manual bottlenecks that typically slow down vendor and supplier assessments. This streamlined approach means:
- Vendor onboarding is accelerated, enabling you to quickly and securely integrate new partners into your ecosystem
- Risk assessments and due diligence are completed faster, reducing the turnaround time from weeks to days
- Repetitive tasks, such as distributing questionnaires, collecting evidence, and compiling reports, are handled automatically, significantly lowering administrative overhead and the risk of human error
- Costs associated with manual processing, delays, and resource allocation are minimized, freeing up your team to focus on higher-value activities
Ultimately, you can scale your vendor assessments efficiently, ensuring that risk reviews keep pace with business demands, without sacrificing accuracy or compliance.
Foster Transparent, Collaborative Vendor Relationships
Robust third-party risk management software goes beyond streamlining risk processes. It strengthens your relationships with vendors by enabling transparent, two-way communication throughout the vendor lifecycle.
Here’s how it drives better collaboration:
- Consistent, Coordinated Assessments: Standardized digital questionnaires make it simple for vendors to provide the right information at the right time, reducing back-and-forth and ensuring accuracy from the start
- Real-Time Messaging and Status Updates: Built-in chat tools allow you to directly connect with vendor contacts, quickly resolve questions, and clarify assessment requirements—all within the platform
- Intuitive Vendor Portals: User-friendly interfaces empower vendors to submit documentation easily, respond to requests, and track their progress, demonstrating your organization’s commitment to efficient, mutually beneficial partnerships
By making communication straightforward and accessible, you lay the groundwork for stronger business relationships and a more resilient third-party ecosystem.
4X Vendor Risk Management Leader
Learn why the Mitratech Prevalent solution stands out as a four-time leader in the vendor risk management market.
End-to-End Third-Party Risk Management for Every Stage of the TPRM Lifecycle
Explore integrated TPRM solutions to address all use cases, from vendor sourcing and selection to offboarding and termination.
Third-Party Risk Management Software
Assess, monitor, and remediate risks throughout every stage of the third-party lifecycle.
Hear It Straight From the Experts Who Use It.
The Prevalent solution is among the most intuitive third-party risk management products on the market, especially from a supplier questionnaire perspective.
©2025 Mitratech, Inc. All rights reserved.
©2025 Mitratech, Inc. All rights reserved.