Third-party vendors. First-rate risk management.
Third-party vendor relationships are more complex than ever, with growing pressure from stakeholders and regulators. Our vendor risk management solution enables you to manage and optimise your vendor relationships.
Know your vendors
Ensure 360-degree awareness of your vendor relationships to pinpoint risks.
Identify weaknesses in doing business with critical third party vendors
Prioritise and manage risk remediation
Maintain accurate documentation of vendor assessments, issues, and communications
Directly link vendor management to your operational resilience and business continuity planning
Streamline real-time data sharing by relationship owners and vendors
Assess and monitor
Use vendor-sourced data and integrated security ratings intelligence to establish aggregated risk ratings and monitor emerging issues.
Rate vendors across all risks – financial, policy, security and operational
Stay ahead of future problems through automated vendor security and regulatory questionnaire engine
Challenge or validate vendor claims with external cybersecurity ratings data
Schedule internal reviews of performance, impact and status, in order to monitor and assess vendor contract service levels on an ongoing basis
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.
Engage staff through role-based dashboards
Provide holistic insights through connected data
Optimise productivity with workflow alerts and reminders
Manage reporting with consolidated information and powerful visual reports
Ensure compliance with cybersecurity and regulatory standards
Comply with current and expected regulatory requirements in place in your industry, including ESG and modern slavery legislation.
CISC – Critical infrastructure risk management program rules
APRA – CPS 234 (Information Security), CPS 231 (Outsourcing), CPS 230 (Operational risk management)
ASIC – Cyber resilience good practices
Vendor risk management brochure.
Find out how our vendor risk management solution allows you to manage vendor risk and avoid disruption.
Vendor risk management eBook.
Why and how to build an effective third-party vendor risk management program.
Take a product tour.
Our recorded product tour demonstration video takes you through the key areas of our vendor risk management solution.
What an ERM solution is, why you need one, and how to make the right choice.
Protecht ERM - end-to-end visibility and management of vendor risk
Preconfigured content - for a turnkey launch
Optimise your risk management at the click of a button. Set up and maintain your ERM system with Marketplace: preconfigured registers, dashboards and reports.
Popular register packages for vendor risk management
Streamline your assessment, monitoring and management of risk from third party suppliers. The Vendor Management registers and dashboards help you:
Vendor Findings and Issues Management
This package supports management of findings and issues relating to third party suppliers. The pre-designed register and dashboard help you:
Vendor Modern Slavery and Anti-Bribery Questionnaire
Help your organisation meets its third-party management obligations. This package of ready-made questions supports your assessment of vendors’ modern slavery and anti-bribery and corruption policies and processes. Create a questionnaire for a specific vendor, and centralise:
Gain visibility of risk and compliance management actions to ensure they are carried out by the right people and at the right time. The Actions Management register and dashboard help you:
The Operational Resilience registers and dashboards helps you manage and grow your resilience.
Pinnacle stays in control worldwide with Protecht
"The value of this can’t be overstated. In an industry where analytical skills account for much of your success as a company, we’re able to better leverage our intellectual capital."
Risk & Compliance Manager | Pinnacle Investments