TrustRadius: an HG Insights company

Prewave vs. UpGuard Vendor Risk

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Prewave

    N/A
    Enterprise companies (1,001+ employees)
    Prewave is a supply chain risk platform used by manufacturing companies to improve the transparency and resiliency of supply chains. The artificial intelligence (AI) based platform identifies risks in supply chains based on public information automatically and at an early stage. With this information companies have the advantage and can counteract possible delivery bottlenecks and production stops on time. Also, potential violations of sustainability or the impact of natural disasters up…

    $0

    UpGuard Vendor Risk

    Score10 out of 10
    N/AUpguard automates third party risk assessment workflows, and sends instant notifications about vendors’ security in one centralized dashboard with UpGuard’s Vendor Risk.N/A
    Pricing
    PrewaveUpGuard Vendor Risk
    Editions & Modules
    Free Tier
    $0
    Starter
    $249
    per month
    Advanced
    $999
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    PrewaveUpGuard Vendor Risk
    Free Trial
    YesNo
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional DetailsPrewave is a prescription-based platform, we charge a monthly fee for the use of our product. The pricing varies greatly depending on the number of suppliers you intend to monitor.
    More Pricing Information
    User Ratings
    PrewaveUpGuard Vendor Risk
    Likelihood to Recommend
    -
    (0 ratings)
    10.0
    (1 ratings)
    Usability
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    PrewaveUpGuard Vendor Risk
    Likelihood to Recommend
    Prewave
    No answers on this topic
    UpGuard
    UpGuard Vendor Risk is great when we need a quick view of a vendor’s external security posture, especially during fast-paced onboarding. It’s also very useful for continuous monitoring with visibility into changes at Vendor's side without repeatedly chasing vendors for updates. The only scenario it is not very helpful, is small vendors / start ups that dont have an external footprint, but in that case the questionnaire's can be used.
    Incentivized
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    Pros
    Prewave
    No answers on this topic
    UpGuard
    • Helped us automate our vendor risk questionnaires
    • Helps us continuously monitor our high-risk vendors
    • All vendor risk data is in one place, organized by risk level, criticality, and status
    Incentivized
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    Cons
    Prewave
    No answers on this topic
    UpGuard
    • Integration with GRC systems, ticketing platforms could be stronger
    • More configurable dashboards will be helpful
    Incentivized
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    Usability
    Prewave
    No answers on this topic
    UpGuard
    It gives overall risk visibility into our supply chain
    Incentivized
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    Alternatives Considered
    Prewave
    No answers on this topic
    UpGuard
    We’ve evaluated other third-party security rating platforms, including those which focus heavily on questionnaires, self-assessments, and point-in-time reviews.
    UpGuard's usp is continuous monitoring and external risk visibility, automated questionnaires, which reduced our reliance on manual follow-ups. That said, most tools in this space still need to be complemented with internal reviews and contract-level risk assessments, depending on the vendor and use case.
    Incentivized
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    Return on Investment
    Prewave
    No answers on this topic
    UpGuard
    • reduce the time and effort spent on vendor due diligence
    • it has improved our ability to identify higher-risk vendors early and focus remediation efforts where they matter most, rather than treating all vendors the same
    • more informed risk decisions
    Incentivized
    Read full review
    ScreenShots

    Prewave Screenshots

    Screenshot of The feed where you can look and filter all the alerts.Screenshot of On the map, you can take a look at the alerts and filter them geographically.Screenshot of An example of a companies profile page.Screenshot of Analysis dashboard in which you can view analytics for a collection of companies or any company that you follow.Screenshot of Alert analytics dashboard shows a graph that illustrates the number of alerts over a chosen period of time and the number of alerts by category.