Risk Assessment Software

Gain total control and insight for your enterprise

Risk assessment software allows you to Integrate your business or enterprise risk strategy with your current management processes. 

• Support control tests and reviews as part of your compliance activities
• Monitor and report on the risk landscape (including Key Risk Indicators) and progress on actions
• Embed risk management and drive best practices
• Automate your workflows and support dynamic aggregation and consolidation
• Allow the risks and controls to be identified and assessed
• Establish an action plan to accept, transfer, treat, or eliminate the identified risks

Help your risk assessment framework become more than just a compliance exercise

With a successful risk assessment software, key stakeholders can better understand critical risks and the potential impact of those risks on financial performance and operational health.

Promote a culture of risk-based decision-making with advanced reporting and analytics. By analyzing top and emerging risks, you're better positioned to focus on actions that improve your company's risk landscape.

Let risk assessment, management and insurance work together

Now your risk assessment, management and insurance activities can work together in the same risk assessment software platform. Distinct activities can be handled separately or together, as appropriate:

• Integrate incident and loss reporting, including corrective measure tracking and root cause analysis
• Link the risk transfer controls with the actual insurance policies
• Share common operational information, including company hierarchy
• Discover hidden insights to make data-driven decisions that mitigate risk and impact Total Cost of Risk (TCoR)

Transform the way you assess your risks

Classic risk assessments can fall short in highlighting key emerging risks. With Ventiv's risk assessment software, now you can amend the standard scoring system to meet your needs and convey your results effectively to executives. 

• Incorporate risk velocity
• Look at pure minimum and maximum impact ranges
• Utilize a completely different methodology

With total control and flexibility, the power is in your hands to make strategic decisions to benefit your corporation.