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What is Prevalent?

The Prevalent Third-Party Risk Management Platform offers users an efficient way to automate essential functions related to the management, evaluation, and oversight of third-party entities throughout their entire lifecycle. This comprehensive solution encompasses a variety of features designed to ensure that third-party partners remain compliant and secure, including: * Automated processes for onboarding and offboarding * Comprehensive profiling, tiering, and inherent risk scoring * A combination of standardized and customized vendor risk assessments, complete with integrated workflow and task management * Ongoing monitoring for vendor threats * Access to a network of completed standardized assessments and risk intelligence contributors * Detailed compliance and risk reporting capabilities * Effective management of remediation efforts Additionally, expert professional services are offered to enhance and evolve third-party risk management programs, while managed services can be utilized to handle the collection and analysis of vendor assessments, providing businesses with valuable insights and support throughout the process. This dual approach not only streamlines operations but also strengthens overall risk management strategies.

What is Bold Matrix?

Bold Matrix operates as an all-encompassing Vendor Risk Engine tailored to support a wide range of users, such as individuals, consultants, small and medium enterprises (SMEs), founders, freelancers, and business leaders, in assessing potential vendors before making purchases, signing contracts, sharing confidential information, or depending on their services. This platform streamlines vendor assessments across various sectors, including SaaS offerings, AI innovations, consulting services, suppliers, digital solutions, and business partners. Users receive a risk score that ranges from 0 to 100, classified into Low, Medium, or High risk categories, complemented by structural risk indicators and an in-depth evaluation based on five essential pillars: data access, operational dependency, financial stability, compliance standing, and exit strategy vulnerabilities. In addition to these features, users can start with a free vendor assessment, obtain a thorough executive-ready vendor risk report, or choose a Pro subscription that provides continuous evaluations and the option to upload PDFs for AI-enhanced data extraction. This adaptable approach empowers businesses to consistently oversee and mitigate their vendor-related risks, ensuring they make informed decisions in an ever-evolving marketplace. Furthermore, the platform's user-friendly interface encourages engagement and facilitates seamless navigation for all users.

Media

Media

Integrations Supported

AdaptiveGRC
ServiceNow
Skypher
Terzo
cloudPWR

Integrations Supported

AdaptiveGRC
ServiceNow
Skypher
Terzo
cloudPWR

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$29/report
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Prevalent

Date Founded

2004

Company Location

United States

Company Website

www.prevalent.net

Company Facts

Organization Name

Bold Matrix

Date Founded

2026

Company Location

United Arab Emirates

Company Website

boldmatrix.ae

Categories and Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

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