Third-party vendors. First-rate vendor risk management.

How our Vendor Risk Management solution allows you to manage vendor risk and avoid disruption.

Vendor relationships are more complex than ever. There is growing pressure from stakeholders and regulators to apply risk management oversight, documentation and measurement best practices to the organisations that make up your extended enterprise. Protecht’s Vendor Risk Management solution enables you to manage and optimise your vendor relationships.

In this 20-minute webinar we’ll demonstrate how our tool can support your business to:

• Know your vendors: Ensure 360-degree awareness of your vendor relationships to pinpoint risks
• Assess and monitor: Establish aggregated risk ratings for every vendor, with source data inputted directly from your vendors, and monitor emerging issues
• Act and communicate: Ensure rapid response times and seamless communications through user-centric interfaces, powerful dashboards and reports that keep you aware of developments and issues as soon as they arise
• Ensure compliance with regulatory standards: Comply with current and expected regulatory requirements in place in your industry, including ESG and modern slavery legislation
• Integrate with your ERM framework: Make vendor risk management work with your ERM and operational resilience systems

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