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Solutions - Risk Management
Risk Management Software
In regulated industries facing increasing demands for governance and transparency, all roads converge at Enterprise Risk Management (ERM). Effective management of enterprise risks requires close coordination and integration with related GRC functions including regulatory compliance, internal audit, incident management, and others.
Compliance 360’s risk management software helps organizations manage the critical elements of their enterprise, compliance, financial and operational risk management initiatives. Compliance 360 automates processes associated with assessing risks and objectives across the enterprise, linking risks to strategic objectives and compliance programs, monitoring risks and managing risk response strategies. The Risk Management Solution provides a global view of all risk-related activities through an executive dashboard. Managers are able to quickly assess problem areas, proactively adjust processes to respond to issues and track progress through reports and automated alerts.
The risk management software assists with all the facets of risk management and includes key features such as visual representations of the risk framework, customizable scoring methodologies, workflow enabled processing of risk assessments and control tests, and enterprise level visibility and reporting.
The risk management software is provided as a core component of the overall Compliance 360 GRC platform. A consistent design and integration with other GRC functions including regulatory compliance, internal audit and incident management, ensures that organizations can cost-effectively establish a comprehensive enterprise risk management function using Compliance 360 as the system of record. The consistent design and architecture of all Compliance 360 applications also affords great flexibility, allowing organizations to start with highly targeted projects and expand the scope to support the GRC requirements of the entire enterprise on one platform.
Risk Management Software Capabilities
Risk Management Software Benefits
GRC Performance Center
An adjunct to the Compliance 360 risk management software, the Compliance 360 GRC Performance Center provides real-time monitoring and notification of risk events throughout to enable proactive control of compliance and risk management programs. This revolutionary application enables proactive capabilities that many regulating agencies have begun advocating. Using the GRC Performance Center to establish early warning mechanisms, organizations can further protect their brands through early detection and containment of potentially significant regulatory compliance and risk management issues.
To learn more about risk management software from Compliance 360 or schedule a demonstration please Contact Us
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