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Partnership News

Terzo and Prevalent Partner to Accelerate and Add Confidence to Supplier Contracting Decisions

August 23, 2022

Please join us in celebrating Terzo’s newest strategic partnership with Prevalent, a leader in third-party risk management (TPRM).

This partnership brings together two leading industry solutions, enabling clients to optimize vendor management by saving time and money, as well as identifying and mitigating risk from the earliest stage of the vendor lifecycle. As part of this agreement, we will integrate Prevalent vendor threat data into Terzo Contract Intelligence to provide organization’s buy-side departments with comprehensive AI-powered supplier insights.

Prevalent takes the pain out of third-party risk management TPRM. Companies use Prevalent’s software and services to eliminate the security and compliance exposures that come from working with vendors and suppliers throughout the third-party lifecycle.

“Together, Terzo and Prevalent can help organizations look at vendors holistically,” said Brett Whiteman, VP of Strategic Alliances, Prevalent. “The integration with Terzo can help our customers optimize procurement costs, improve third-party governance, and reduce supplier risk.”

Terzo is the world’s first Supplier Cloud powered by AI. A CLM 2.0 built for the buy side, Terzo allows you to drive cost optimization and time savings across all contracts. They do this by providing real-time, detailed contract intelligence to help drive strategic business decisions and fuel digital transformation. You can discover Terzo at terzocloud.com.

This integration is available immediately, and we look forward to continuing our relationship with Prevalent to help our clients optimize contract costs, improve third-party governance, and reduce supplier risks.