Enterprise Risk Management

Facing risks is inevitable

Understanding corporate and asset related risks and the active management and mitigation of the bespoke is crucial for the modern day enterprise. This module enables the definition of risk profiles, risk appetite and the management of all registered risks across the enterprise.

Key features include

  • Identify and assess risk to the achievement of your business objectives
  • Assess the effectiveness and efficiency of current risk responses against the full breadth of strategic, operational, financial and compliance risks
  • Reduce cost and improve effectiveness of governance, risk and compliance activities
  • Evaluate the effectiveness of your risk culture
  • Align risk strategy with performance
  • Support development of risk transfer strategies

Taking risks is not wrong!

In order to take risks intelligently, the organization needs a framework and tool to evaluate risks from the boardroom to the mailroom.

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Key Benefits Include

  • An ERM which is running on the same platform as your ERP – 100% integrated with your backbone.
  • One central version of the truth
  • Enablement and creation of a risk focused culture.
  • Easy to identify, register, manage and track all risk related incidents throughout a centralized or decentralized organization.
  • Standardized risk management and reporting.
  • Effective use of corporate resources.
  • Regulatory compliance
  • Improved stakeholder visibility