Risk Management Software - An essential guide on why enterprise risk needs to be identified, monitored and managed.
Download the Risk Management PPT to understand:
1. What is risk?
2. How to manage risk?
3. Why you should automate the risk management process using a software?
4. What do you get by integrating risk management to business performance management?
You can also learn the key functions of a Risk Management Software and the benefits you gain from adopting a risk management software into your organization. Also, learn about the Corporater Risk Management Software. The PPT also contains demo screenshots of a sample risk profile.
3. • Risk can be either internal risks or external
risks
• Internal risks include non-compliance or
information breaches, employee attrition rate,
among several others
• Few of the external risks include impact of
global recession, increasing cost from
suppliers and vendors, and so on
RISK MANAGEMENT SOFTWARE
What is risk?
4. 4
RISK MANAGEMENT SOFTWARE
1
Define the need and
align risk
management with
overall business
strategy
2
Identify the risk
controls for your
organization
3
Set thresholds for
acceptable risks
and monitor for
changes in status
4
Analyze the risk
factors or registers
pertaining to your
organization
5
Create risk reports,
and share corrective
actions across your
organization
How to manage risks?
5. RISK MANAGEMENT SOFTWARE
Automating the risk management process:
Automating the risk management process
assists you in having a clear understanding
of the potential impact of the risks, and the
effectiveness of risk reduction activities!
6. RISK MANAGEMENT SOFTWARE
The Corporater Business Management Platform links management
disciplines, such as risk, strategy, operations, quality, projects,
processes, HR, and finance in a single interface to provide the right
business context to make the right decisions.
Software vendors like Corporater can help you to automate your risk management process effectively by
integrating it with your business management platform. Corporater Risk is a software solution that
organizations use to assess risks and monitor the effectiveness of risk reduction activities.
7. Integrate risk with strategic and
operational management
Evaluate and treat risks within their
business context
Link risks to goals and objectives,
project risks, and daily business
processes.
Create flexible business apps that
manage risks
RISK MANAGEMENT SOFTWARE
What do you get by integrating risk management to business performance management:
Embed risk focus within the
business management platform
8. Monitor, quantify and manage operational risks
Capture risks and streamline risk assessment
Promote strategic alignment
Risk dashboards
Significantly reduce potential disruptive business events
RISK MANAGEMENT SOFTWARE
Key Functions of a Risk Management Software:
Analyze the impact of potential risks vis-à-
vis mitigation actions as part of forecasts
and long-term planning
9. RISK MANAGEMENT SOFTWARE
Key Benefits:
Improve business value
Risk modeling and impact analysis
Issue management and action planning
Comprehensive risk reporting
Improve business productivity by
incorporating your risk framework
10. What risks and compliance requirements
affect your company?
The Corporater Business Management
Platform helps you to establish a central
library of risk or compliance items. We can
even integrate with external libraries, such as
legal databases.
You can also map risks to employees or
business units and visualize the evolution of
your risks over time– as well as the risk
reduction plans or compliance controls you
have in place.
What is your risk profile?
SAMPLE
SCREENSHOTS
RISK MANAGEMENT SOFTWARE
11. Creating awareness and monitoring your
risks is not enough. Businesses need
plans to reduce risks and to meet
regulatory and compliance requirements.
Tune your plans to fit your level of
acceptance and cost.
Whether your risks are internally or
externally defined, we help you manage
risk by automating notifications, alerts
and workflow. Drill into risk dashboards
to identify problem areas, and take
proactive control.
Reduce your risk
SAMPLE
SCREENSHOTS
RISK MANAGEMENT SOFTWARE
12. Manage your risk and compliance activities
directly within their business context.
Corporater provides easy to use risk
dashboards that can aggregate or escalate risk
to provide the transparency management
needs.
Monitor the effectiveness of your risk mitigation
plans and compliance controls.
Start saving time by automating your risk
reporting system – with notifications and alerts.
Take control of your risk profile
SAMPLE
SCREENSHOTS
RISK MANAGEMENT SOFTWARE
13. To know more about
how Corporater can
help you with your risk
management, you can
also request a free trial!
REQUEST TRIAL
You can also download the GRC brochure