Why use this checklist?
Weak oversight of vendor risk management (VRM) can undermine resilience, disrupt operations, and compromise compliance. But before you can strengthen your vendor risk approach, you need visibility.
Protecht’s VRM maturity checklist provides a practical starting point to assess your current organizational maturity, identify gaps, and target improvements.
This structured, interactive Excel-based tool helps you evaluate your VRM program across governance, onboarding, monitoring, and offboarding processes, so you can benchmark your performance and lay the groundwork for scalable, effective vendor risk management.
When you’re ready to take the next step, Protecht ERM provides real-time oversight, streamlined processes, and integrated tools to manage vendor risk more effectively.
Who should use this checklist?
This checklist is designed for leaders and teams responsible for strengthening vendor governance, reducing risk, and improving oversight:
- Risk and compliance leaders: Gain clarity on VRM maturity and priority gaps
- Procurement and vendor managers: Improve consistency in vendor risk processes
- Executives and board members: Enhance governance and accountability for third-party risks
- Operational resilience teams: Ensure vendor risks are effectively integrated into your resilience strategy
How Protecht helps
This checklist is your starting point. Protecht ERM enables you to manage vendor risk more effectively with:
- Centralised vendor inventories, contracts, and risk profiles
- Automated due diligence, assessments, and issue tracking
- Real-time dashboards for oversight of vendor risks and performance
- Fourth-party concentration mapping to reduce hidden supply chain vulnerabilities
- Integrated vendor risk management as part of your broader resilience strategy
