Secure online Risk Registers, standardised and consistent across the organisation.
Secure online Risk Registers, standardised and consistent across the organisation, with the ability to control access to specific registers, and link registers to locations, countries or even regions. Permission levels ensure controlled access to only approved individuals.
Easily customise and record your risk assessment information and checklists to make it easier and clearer for your teams to report around risk factors.
A risk matrix using probability/impact (likelihood/severity) model. Specific levels can be defined by the organisation, and the severity/impact can link to an impact matrix that is specific to the organisation. The risks can be further filtered by sorting the scores by each parameter
An optional “controls” library that provides a list of “approved” control measures for risk mitigation actions. This is useful for industries that require specific standards or compliance parameters. Controls can be assigned key information, such as description, level/grading, even implementation details and cost association.
Remediation actions can be created and tracked in relation to individual risks and specific mitigation actions required. This provides an effective audit on mitigation actions, and includes priority, date and responsible individual(s) or Groups. Depending on the organisations procedures, these can be further categories, for example – Treat, Tolerate, Terminate or Transfer.
An assessment schedule can be set, for example,review every month, quarter, bi annual etc. This allows reminders to be sent to ensure that assessments are completed to the organisation’s policy and standards. Managers can easily see which assessments are outstanding across the portfolio.
Risk Register templates allow specific risks to be shown for specific registers. For example, you may have a Country Risk Register that reviews a different set of risks and controls to a standard risk register for your corporate offices. Additional risks can be appended based on local conditions, helping to account for changing operating environment, legislation or events.
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