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Description
Prevalent Third-Party Risk Management Platform enables customers automate the critical tasks of managing, assessing and monitoring third parties throughout their entire life cycle. This solution integrates the following capabilities to ensure that third parties are compliant and secure:
* Automated onboarding/offboarding
* Profiling, tiering, and inherent risk scoring
* Standardized and custom vendor risk assessments, with built-in workflow and task management
* Continuous vendor threat monitoring
* A network of completed standardized assessments, and risk intelligence members.
* Compliance and risk reporting
* Management of remediation
Expert professional services are available to optimize and mature third party risk management programs. Managed services can be outsourced to collect and analyze vendor assessments.
Description
Imagine consolidating every facet of third-party risk management into a single platform. Third Party Tracker, developed by PwC, empowers organizations to evaluate and oversee third-party relationships, uncover potential risks from prospective partners, carry out thorough due diligence, and maintain oversight throughout the duration of the partnership. This solution addresses regulatory obligations, fulfills stakeholder demands, and utilizes continuous monitoring to effectively reduce financial and reputational vulnerabilities. It allows businesses to pinpoint areas of risk before engaging in new mergers, acquisitions, or strategic alliances. As a web-based tool, it requires no additional software or plug-ins, making it easily accessible. It also enables the documentation of reviewer feedback, creating a historical audit trail for accountability. With its multi-language support, it streamlines communication and eliminates unnecessary back-and-forth. By breaking down silos, it allows teams to view interconnections across the organization, leading to improved cost efficiency and more comprehensive risk management strategies. Ultimately, adopting this integrated approach fosters a proactive risk management culture that can adapt to ever-evolving challenges.
API Access
Has API
API Access
Has API
Integrations
AdaptiveGRC
ServiceNow
Skypher
Terzo
cloudPWR
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Prevalent
Founded
2004
Country
United States
Website
www.prevalent.net
Vendor Details
Company Name
PwC
Founded
1998
Country
United Kingdom
Website
www.pwc.com/us/en/products/third-party-tracker.html
Product 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