Enterprise risk management software by A1 Enterprise is a web-based system that gives companies a complete suite of online tools to aid in mitigating risks throughout the organization. Enterprise risk management is a highly specialized business function, which involves complex analysis of many variables. It also covers a wide range of risk management protocols such as (1) threat assessment, (2) risk probability, (3) risk severity, (4) risk depending on how the organization manages risk exposure and accounts for risk.
A1 Enterprise risk management software offers powerful risk management tools for tracking risk at many levels in the organization, locations, regions, departments, and business units across an international organization.Location and regional risk management reporting may include environmental risk, political risk, legislative risk, procurement risk, facilities risk, and operational risk. Features include web-based threat assessments, risk audits, and real time notifications, escalation, and risk resolution assignments.
A1 Enterprise works closely with your internal risk management team to understand how your business defines and manages risk. The setup and configuration of A1 Tracker may involve an assessment of your risk management program or other related internal documentation, to ensure the system supports your program and offers performance-driven results, with which your risk manager can compare to.
Enterprise risk management software can become an invaluable asset to your organization, helping divert threats and avoid negative consequences to your market reputation, human resources, financial stability, fixed assets, access to facilities, intellectual property, and more.