The Reality Tech ERM solution does this by:
- Identifying, assessing, and exploiting risks, so as to optimize a risk profile.
- Managing exposure to current and emerging risk scenarios.
- Effectively communicating the corporate risk profile and ERM approach to affected parties.
- Dynamic graphical display of risks across multiple dimensions.
- This system consolidates the disparate Risk Management information into a set of structured analytical views for ad-hoc analysis and reporting. Benefits include:
Utilizing SharePoint Online to consolidate and link existing MS-Word, Excel and Visio documents. - Easy to export to Excel for offline analysis.
- Secure content.
- Versions of each entry are tracked, with author, timestamp and auditing.
- Alerts are easily set to learn when changes are made.
- Approvals can be enabled as a process, to ensure the change is approved prior to others viewing it.
- • Many views allowing drill-in to analyze risk, ownership, remediation, associated processes and other linkage.
- Workflows for managing tasks, activities, delegation, updates and notifications.