Risk Ledger vs Prevalent - Vendor compliance software comparison
Prevalent is used by a range of businesses, however, that doesn’t mean it’s right for everyone.
Prevalent is a good tool for assessing suppliers when it comes to data & privacy, however, many CISOs across the world see Risk Ledger as the top vendor risk management platform to help them gain a real-time, comprehensive understanding of their third-party security.
Instantly connect with 5,500+ suppliers and access their internal security data. We'll onboard the remaining suppliers in 10 days.
Visualise risks beyond your third parties, map concentration risks and begin to mitigate potential breaches
Stay compliant with existing regulations like NIS2 and the NCSC CAF as well as incoming ones like DORA
Prevalent works off a static questionnaire model which can involve a lot of manual data collection and often has lower supplier engagement. Alternatively, Risk Ledger is based on a network model; suppliers have one profile that they keep up to date (imagine Linkedin but for security). All you have to do is connect with with them and you have full access to all their internal security data.
Suppliers of all sizes love Risk Ledger as it gives them the ability to centralise all their security data, easily collaborate on questions and improve security transparency with clients, helping them win business. That's why most clients find that 30%-50% of their suppliers are all already on the platform and the remaining suppliers can be onboarded in 10 days or less and see Risk Ledger as one of the best alternatives to Prevalent.
“You don’t have to repeat any security reviews with other clients, so overall, it saves a ton of time.”
Significantly increase response speed for wide-scale security incidents, such as those caused by the Log4J vulnerabilities. With our emerging threats module, users can quickly understand how they may be affected through their supply chain, identify areas that require attention and instantly report the impact to the wider business. Prevalent does not currently have this functionality.
Our network visualisation graph automatically maps the connections across your third parties, fourth parties and nth parties. Risk Ledger is the only platform on the market that can visually map out the connections between your extended supply chain. Again, Prevalent does not currently have this functionality.
Create, view and track all of your risks including impact and likelihood in one dashboard. Delegate risk ownership and make informed decisions about your supply chain risk. Our weekly emails notify you of any changes in your supplier compliance scores, remediations and activities across your supplier database.