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. Risk managers have powerful risk management tools for tracking risk at various levels in the organization supporting:
|Asset Risk||Contract Risk||Insurance Risk||Facilities Risk||Security Risk|
|Procurement Risk||Vendor Risk||Environmental Risk||Compliance Risk||Legal Risk|
|Political Risk||Legislative Risk||Financial Risk||Contract Risk||Operational Risk|
|Risk Audits||Risk Assessments||Risk Audits||Alerts||Resolutions|
Enterprise Risk Management Assets & Company Hierarchy
Enterprise risk management assets include all areas of the company across the entire organizational structure: Entities, divisions, regions, areas, locations, stores, & departments to name a few. Additional levels may be added and entity-specific personalization is available for unique compliance and risk initiatives.
Heat Map Risk Assessments & Scoring
A1 Enterprise works closely with your internal risk management team to understand how your business defines and manages, assesses, & scores 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. Risk scoring and thresholds automatically trigger high-risk alerts to key risk managers allowing them to manage risk assignments.
Risk Management Software Implementation ROI
Enterprise risk management software is 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.