Protecht.ERM

Protecht.ERM is a risk management software solution offered by Protecht Group. According to the vendor, it is designed to help organizations manage their risk assessments, compliance incidents, vendor and IT risk, operational resilience, business continuity risk, audit, and more. The product is said to be suitable for organizations of all sizes, from small businesses to large enterprises. It caters to professionals in various fields such as risk management, compliance, audit, IT risk, and operational resilience. Protecht.ERM is commonly used in industries including banking, fintech, government, insurance, and education.

Key Features

Analytics & Dashboards: According to the vendor, Protecht.ERM provides interconnected, structured data displayed in dashboards and reports. This allows users to gain a comprehensive view of their organization's risk profile. It also enables easy categorization and documentation of data, identification of trends, and collaboration with stakeholders.

Configurable Platform: The vendor claims that Protecht.ERM can be easily configured to meet the unique needs of businesses without any coding. It features a dynamic form builder for creating customized forms, automation of notifications and email alerts based on specific requirements, and customizable risk assessment scales.

User Experience: According to the vendor, Protecht.ERM offers a clean and user-friendly interface. It aims to engage and empower team members to take ownership of risk management, reduce time spent on day-to-day tasks, and enable more focus on strategic work.

Implementation & Support: Protecht Group has partnered with clients across various industries for over twenty years to implement ERM solutions tailored to their needs. The vendor claims to offer quick implementation and ongoing support. They also state that they keep clients informed about key changes in the risk landscape and provide world-class end-to-end support through their Customer Success team.

Marketplace: Protecht.ERM includes preconfigured templates in the Protecht ERM Marketplace for quick deployment. According to the vendor, these templates can be easily adapted to evolving risk management needs, helping organizations stay ahead in risk management.

Enterprise Risk Management: The vendor claims that Protecht.ERM allows users to assess and manage risks, controls, key risk indicators (KRIs), and incidents in real-time. It aims to provide insights for informed decision-making and supports risk ownership across the organization.

Compliance Management: According to the vendor, Protecht.ERM helps manage compliance activities to protect the organization. It aims to alleviate the burden of compliance management and ensure adherence to regulatory requirements.

Vendor Risk Management: Protecht.ERM is said to enable confident management of risks associated with critical suppliers. The vendor claims that it provides tools to assess and monitor vendor risks and supports effective vendor risk mitigation strategies.

Operational Resilience: Protecht.ERM is designed to identify vulnerabilities in critical processes and help organizations prepare for and withstand disruptions. According to the vendor, it provides insights for enhancing operational resilience and supports compliance with regulatory requirements.

IT Risk Management: The vendor claims that Protecht.ERM streamlines IT risk assessment and controls testing. It aligns with industry standards and helps organizations identify and manage IT-related risks.