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Prevalent by Mitratech Reviews & Product Details

Jamie T.
JT
Strategic Procurement Officer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

The system is intuitive and easy to navigate. Plenty of detailed information is available at a glance, including when surveys are in progress, which is very useful. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

For larger or more complex surveys, the need to add individual questionnaire elements one-by-one, even when they all feed into the same risk register, is slightly clunky. Review collected by and hosted on G2.com.

Recommendations to others considering Prevalent by Mitratech:

This system is good at automating your risk management and supply chain risk assessment procedures. It will work best if you know what it is that you want to assess and monitor, and what your risk appetite is. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

Supplier risk assessment and supply chain risk management, from security and business continuity to regulatory and data compliance.

On-boarding and due diligence on new suppliers and annual risk reviews of key subcontractors.

The benefits are in the automation and ease of use of the platform, compared with a cumbersome spreadsheet-based process we previously used. Review collected by and hosted on G2.com.

Prevalent by Mitratech Overview

What is Prevalent by Mitratech?

Mitratech Prevalent takes the pain out of third-party risk management. Companies use our software and services to eliminate the security and compliance exposures that come from working with vendors, suppliers and other third parties. Our customers benefit from a flexible, hybrid approach to TPRM, delivering a rapid return on investment. Regardless of where they start – our Global Vendor Intelligence Network, Vendor Risk Assessment Services, or our award-winning Third-Party Risk Management Platform – we help our customers stop the pain, make informed decisions, and adapt and mature their TPRM programs over time.

Prevalent by Mitratech Details
Languages Supported
English
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Product Description

Mitratech Prevalent takes the pain out of third-party risk management. Companies use our software and services to eliminate the security and compliance exposures that come from working with vendors, suppliers and other third parties. Our customers benefit from a flexible, hybrid approach to TPRM, delivering a rapid return on investment. Regardless of where they start – our Global Vendor Intelligence Network, Vendor Risk Assessment Services, or our award-winning Third-Party Risk Management Platform – we help our customers stop the pain, make informed decisions, and adapt and mature their TPRM programs over time.


Seller Details
Year Founded
2004
HQ Location
Phoenix, Arizona
Twitter
@PrevalentNet
492 Twitter followers
LinkedIn® Page
www.linkedin.com
147 employees on LinkedIn®

SL
Overview Provided by:

Recent Prevalent by Mitratech Reviews

Verified User
E
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Vendor Assessments"
System assessments highly configurable. Gives oversight into third party risk and makes the process simple
Verified User
U
Verified UserEnterprise (> 1000 emp.)
4.5 out of 5
"Outstanding Supplier Organisation & Risk Management Tool"
Suppliers managed in organised structure - with easy reigstration & bespoke access permissions for all areas of the business. Prevalent has brou...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Prevalent: Your Go-To GRC Tool for Effortless Risk and Compliance Management"
Prevalent is a standout tool that's perfect for teams hoping to evolve their GRC and cybersecurity posture. We have excellent working relationships...
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Prevalent by Mitratech Media

Prevalent by Mitratech Demo - Leverage a Community of Shared Standardized Assessments
Leverage the largest library of pre-submitted standard assessments across all industries to quickly check vendor risk status or augment existing assessments. With domain expertise managing the first vendor risk sharing networks (Legal Vendor Network and Healthcare Vendor Network), Prevalent custo...
Prevalent by Mitratech Demo - Automate Assessments
Determine vendor compliance with IT security and data privacy requirements using a library of over 50 pre-defined assessments – including those for SIG Core, SIG Lite, GDPR, ISO9001, H-ISAC, SOX, PCI-DSS and more. The flexibility of the platform enables you to customize or quickly build your own ...
Prevalent by Mitratech Demo - Monitor for Cyber & Business Risks
Deliver snapshot and continuous vendor monitoring with intelligent prioritization and risk registration fully integrated into the assessment platform. Deep security and business risk monitoring – including operational, financial, legal, and brand risk events – ensures that you are looking beyond ...
Prevalent by Mitratech Demo - Report on Compliance & Risk Status
Automatically map information gathered from assessments to regulatory and controls frameworks – including ISO 27001, NIST, GDPR, CoBiT 5, SSAE 18, SIG, SIG Lite, SOX, and NYDFS – using the Prevalent Compliance Framework. The common framework helps you understand compliance status and address pote...
Prevalent by Mitratech Demo - Data Mapping & Entity Management
Simplify vendor management with dashboards for individual entities and entity groups. Capabilities include bulk entity import; assessment and remediation status reporting; entity categorization by criticality to the business; and other functions for managing the full vendor lifecycle. Identify re...
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20 out of 21 Total Reviews for Prevalent by Mitratech

4.5 out of 5
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Prevalent by Mitratech Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Prevalent by MitratechQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
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Verified User in Financial Services
UF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

Suppliers managed in organised structure - with easy reigstration & bespoke access permissions for all areas of the business.

Prevalent has brought organisation to a complex supply framework accross multiple client accounts.

The survey and monitoring functions have been key in understanding risk within suppliers accurately.

The support and desire to grow the platform in your business is excellent and always on hand to support with issues and response time is amazing. Real ROI Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

Standard reporting is good for overviews. The advanced reporting focuses very much (still very useful) on the final output... risks, remediation planning, threats and user activity. We find very little reporting supports analysis of progress of gathering information - as an example we have to export schedule reports to excel to analyse some aspects of the process. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

Coordinated view of supplier use accross multiple client accounts, building a map of suppliers utilised in different areas for the same service which has been used to leverage better agreemets and lower costs - Before Prevalent the use of suppliers was siloed and not visable to all and in some cases invisable to all but the project and procurement. Now firmly embedded into our onboarding process, the use of prevalent is our repository of suppliers poast & present.

The risk registers generated are used in key reporting, remediation is a team effort accross SME areas all coordinated in a single space which has removed duplication of work, as well as reduced the multiple spreadsheet issued to suppliers for onboarding and compliance. Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain
UL
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

Prevalent is a standout tool that's perfect for teams hoping to evolve their GRC and cybersecurity posture. We have excellent working relationships with the implementation and operations staff, who worked with us diligently to implement the tool in a manner that served our organization's needs.

We extensively use their framework surveys and risk register functionality, which has helped us stay aligned with regulations. It's extremely scalable and customizable, and the team is always there to help when we needed something tailor-made for us. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

Advanced report filtering cannot be saved, since it relies on an AWS analytics platform that lacks that functionality. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

We extensively use their framework surveys and risk register functionality, which has helped us stay aligned with regulations. It has helped us stay on top of corporate risk, and assisted us with our effort to become complaint with a particular cybersecurity compliance framework. Review collected by and hosted on G2.com.

Verified User in Consumer Services
EC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

The service and support were really what won us over. They were very helpful in getting us up to speed and keeping in touch with new recommendations. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

The user interface was good but that is where we did see some room for improvement. It could be more intuitive. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

It is helping us identify risks we have in our supply chain and pointing us in the right direction of were we need to seek other services. Review collected by and hosted on G2.com.

Verified User in Telecommunications
ET
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

Prevalent have been a pleasure to work with form the moment we engaged them. The tech has delivered exactly what was promised and is very simple to use. We have all of our third parties out of Excel and into a system providing MI to the team and business. Using entities allows us to map our service ecosystem to a granular level including data mapping for GDPR. The digital risk register and exports allows us to quickly navigate what's important, focus in the right areas and report to the exec. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

Being a SaaS product, what we want as the next feature may not be coming until much further down the roadmap. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

We have reduced our operating costs especially on 2nd and 3rd tier suppliers. It's brought a level of consistency across all third parties and enables us to react and respond to industry threats rapidly. We understand our Supply Chain in great detail which simply wasn't possible before using the platform. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

Being able to record different types of risks in one place

Being able to map out your supply chain which helps with our procurement department

Being able to articulate risks

Having anyone from the business access the tool easily

GUI presentation, very slick and easy to use Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

Lack of integration options so far within the platform, but understand more to come Review collected by and hosted on G2.com.

Recommendations to others considering Prevalent by Mitratech:

If you are serious about managing your supply chain effectively and not treating it as a tick boxing activity, then I suggest really implementing the tool properly to get the best out of it Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

Being able to have all suppliers in one place and being able to correlate risks for trends in our supply chain

Being able to mobilize assessments and track quickly

Being able to automate our process more, reducing admin tasks Review collected by and hosted on G2.com.

JH
Sr Security Engineer
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

The best part of using Prevalent was their managed offerings, where remediation and the surveys themselves were handled for us. I also really liked that the surveys for the vendors were templated for many different categories, as well as the monitoring, onboarding, and remediation. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

The platform is very complex, and the onboarding process for the tool was overwhelming for us, as we were completely new to this process. The GUI and system could also be easier to use and more intuative. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

We are using Prevalent to improve our compliance with our compliance mandates, as well as helping us improve our security posture related to third party vendors. We are also using the program to ensure that our vendors are compliant with our business security needs and to help improve their security. Review collected by and hosted on G2.com.

Verified User in Insurance
AI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

Ease of use! The platform is straightforward to navigate and intuitive. The ability to access monitoring data and reports is quick and easy, and the monitoring data is current, clear, and concise.

Highly value the ability to quickly view business, financial and cyber monitoring data on our vendors, and spot any risks that are scored high-risk.

Prevalent's customer service and support, and staff are exceptional.

We were able to implement single-sign on. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

I would like to see more details regarding identified risks within the cyber monitoring findings (but I believe Prevalent is already working on this with their external party).

The platform is clean looking, but it could use a cosmetic facelift, so it's more eye-appealing.

Would appreciate the ability to do a quick peek on a vendor during an RFP process (without buying a full year license). Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

We are using Prevalent to monitor our high-risk, business-critical third parties continuously. We are alerted when risks are identified, which allows us to analyze and mitigate the risk quickly. Review collected by and hosted on G2.com.

Verified User in Insurance
AI
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Prevalent by Mitratech?

Prevalent is extremely easy to use! The platform itself is clean and straightforward, and the workflows are easily maneuvered. It is not difficult to access the list of vendors or pull reports from the data Prevalent has collected. Prevalent's customer service and support is excellent. Our representative has gone above and beyond to communicate with our team and work through any requests we might have. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

I think it would be wonderful if our organization was able to customize the appearance of our profile in Prevalent's platform. It's very clean and organized, but it would be nice if we were able to choose colors, etc. It would also be nice to be able to have the option of a quick 'review' of a potential third party vendor, rather than having to fully invest one of our licenses in a vendor, as we do not always move forward with every vendor we screen. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

We are working with Prevalent to monitor the third parties we work with that our organization has deemed as high risk and business critical. It has been extremely beneficial to have a continual monitoring of these parties, as well as have quick access to any issue that may arise and be able to mitigate the situation as quick as possible. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
AC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Prevalent by Mitratech?

The services provided to manage and assess vendor security. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

I have no dislikes. There are a couple of convenience features that could be added, but they take criticism very well and make suggestions to their team for improvements. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

I have a much better understanding of vendor's security measures, and can better assess risks present in certain relationships. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Prevalent by Mitratech?

Prevalent portal is a great vendor management tool that automates the process and allows customization on survey questions and risks which is usually not available in other platforms. Review collected by and hosted on G2.com.

What do you dislike about Prevalent by Mitratech?

Report functionalities are limited in the portal. There are also limited resources in the Help Centre that provides guidelines on new functionalities in the portal. Review collected by and hosted on G2.com.

What problems is Prevalent by Mitratech solving and how is that benefiting you?

It allowed us to maintain an organized record of our assessments and service providers giving us the ability to have a standardized process for all assessments.

The automated email notifications sent for some actions in the portal also helped in lessening some admin work during reviews. Review collected by and hosted on G2.com.