Rhumel
Platform · Third-party risk management
VendorGuard

Third-party risk management for the Middle East and Africa.

VendorGuard is our TPRM platform. It follows each vendor from onboarding to offboarding, scores the risk, keeps the evidence, and tells your payment team whether a vendor can be paid, inside Oracle Fusion.

Request a demoThe full cycle
The full cycle

From onboarding to offboarding.

VendorGuard keeps one record for each vendor, from the first document to the last audit.

One vendor recordRepeats while the vendor is active1OnboardDetails and documentscollected in one place2AssessInherent score, controlsand residual score3DecideA payability verdict, withthe evidence attached4MonitorEvery action stays time-stamped on the record5ReassessReviewed on a cycleset by risk tier6OffboardThe full recordkept for audit

  1. Onboard

    Details and documents collected in one place

  2. Assess

    Inherent score, controls and residual score

  3. Decide

    A payability verdict, with the evidence attached

  4. Monitor

    Every action stays time-stamped on the record

  5. Reassess

    Reviewed on a cycle set by risk tier

  6. Offboard

    The full record kept for audit

Inside Oracle Fusion

Can this vendor’s invoice be paid?

VendorGuard shows the answer on the Supplier and Invoice pages in Oracle Fusion Financials, at the moment the payment is actioned. Your payment team does not leave Fusion.

Payable

All mandatory steps and controls cleared. The vendor is cleared for payment.

Payable with risk

Assessment complete with documented caveats. Payment may proceed under defined conditions.

Not payable

The score exceeds the threshold or critical controls failed. Payment is blocked until the case is resolved.

How it fits

Reads from Oracle Fusion. Writes back to it.

Your suppliers go in. The payability verdict comes back to the page where the payment is made. Other platforms connect through a REST API.

Oracle Fusion Financials · Payables
Payable
Payable with risk
Payable
Not payable
Supplier record
Supplier
Verdict
VendorGuard
Inherent score
Workflow and controls
Residual score
Payability verdict
Vendor documentsScreening checksEvidence pack
What it covers

What every vendor review needs.

Risk scoring

An inherent score sets the workflow tier. Controls then produce the residual score.

Payability verdict

Payable, payable with risk or not payable, shown where the payment is made.

Verification checks

Registration, tax, bank and sanctions checks, summarised on the case.

Risk-tiered workflows

Six tiers. The higher the risk, the deeper the review.

Controls library

A sector checklist attached automatically, scored and backed by evidence.

Evidence pack

Every action, document and decision time-stamped, ready for audit and committee review.

Where it works

Built for organisations that must show why a vendor was approved.

Across the Middle East and Africa, regulated organisations are asked to document their third parties. VendorGuard keeps that record for every vendor and every decision.

Banks

Third-party and outsourcing risk, scored by materiality, with a register and committee reporting on demand.

MaterialityRegisterReporting

Insurers

Due diligence on service providers and intermediaries, with an audit trail behind each approval.

Due diligenceAudit trail

Public sector

A clear record of who assessed a supplier, what was found and who signed off the payment.

OwnershipSign-off