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Enterprise Risk Management

Manage risk across your enterprise with complete visibility

Expand risk management into the enterprise

Assess your risks and establish an action plan to drive best practices.

Maximize value from your ERM process

Make better risk-based decisions with real-time reporting and analytics. 

Streamline your ERM and insurance processes

Use a single system for ERM, safety, audit, and insurance activities.

Adjust your risk scoring system based on your needs

Identify emerging risks specific to your organization. 

Gain total control and insight for your enterprise

Integrate your ERM strategy with your current management processes. 

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

Help your ERM framework become more than just a compliance exercise

With a successful ERM program, 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 organization's risk landscape.

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Let ERM and insurance work together

Now your ERM and insurance activities can work together in the same solution. Distinct activities can be handled separately or together, as appropriate: 

  • Integrate incident and loss reporting, including corrective measure tracking and root cause analysis
  • Link 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
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Transform the way you assess your risks

Classic risk assessments can fall short in highlighting key emerging risks. 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 organization. 

Are you ready to evolve to the next level of ERM maturity?

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You have questions... we have answers!

Let’s talk about how we can move your business forward.

 

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