Protecht Vendor Risk Management is a cloud-based solution designed to help organizations manage third-party and supplier risks throughout the vendor lifecycle. The platform centralizes vendor data, contracts, and risk assessments, enabling organizations to map criticality, monitor performance, and ensure compliance with regulatory and internal standards. Protecht automates workflows for onboarding, reviews, approvals, and alerts, reducing manual effort and improving oversight. The system supports supplier scoring, contract review, performance tracking, and KPI monitoring, providing real-time dashboards and analytics for risk-informed decision-making. Protecht Vendor Risk Management is highly configurable, integrates with other enterprise systems, and is suitable for organizations of any size or industry seeking to streamline vendor risk processes and enhance resilience.

Key Features

Centralized Vendor Data and Assessments Unified platform for managing vendor information and risk assessments.

• Centralizes vendor profiles, contracts, and risk data
• Links vendors to enterprise risk and compliance frameworks

Supplier Scoring and Performance Tracking Quantifies and monitors vendor risk and performance.

• Assigns risk scores to suppliers based on business impact
• Tracks vendor KPIs, including response times to incidents

Automated Workflows and Alerts Streamlines vendor management processes.

• Automates onboarding, reviews, approvals, and notifications
• Configurable workflows for contract review and compliance checks

Criticality Mapping and 4th-Party Exposure Identifies and manages critical vendors and extended supply chain risks.

• Maps vendor criticality and links to business operations
• Tracks 4th-party exposure for comprehensive risk oversight

Executive Dashboards and Reporting Provides real-time insights for decision-makers.

• Customizable dashboards for vendor risk status and trends
• Board-ready reporting for compliance and assurance

Integration and Scalability Connects with enterprise systems and adapts to organizational needs.

• Integrates with platforms like Microsoft Teams, ServiceNow, SAP, Salesforce
• Scalable for organizations of any size or risk maturity

Benefits

Streamlined Vendor Risk Management Reduces manual effort and improves oversight.

• Automates data collection, reviews, and reporting
• Centralizes vendor risk information for easy access

Enhanced Compliance and Resilience Ensures regulatory and internal policy adherence.

• Supports contract review and regulatory compliance checks
• Enables proactive risk management and business continuity planning

Improved Decision-Making Delivers actionable insights for risk-informed decisions.

• Real-time dashboards and analytics for vendor risk
• Board-ready reports for executive assurance

Scalable and Configurable Adapts to diverse organizational needs.

• Highly configurable workflows and forms
• Suitable for any size or industry