Integrated Risk Management
PROCOMP's Integrated Risk Management application helps companies to improve their business decisions through integrated risk management (IRM) to foster more profitable and sustainable strategic decision-making.
IRM is a unified system for identifying, assessing, managing and mitigating all types of risks, including strategic, operational, IT, third-party and compliance risks.
It is a structured and an integrated approach for centralised risk management with automatic alignment of all content.
Integrated Risk Management includes:
- integrated risk management in a multi regulatory environment;
- planning and monitoring of activities by multiple actors;
- activities based on simple, intuitive and fully customizable workflows;
- methodological support in the assessment of inherent and residual risk;
- management of the inventory of risk mitigation safeguards and monitoring of the actions of the Remediation Plan;
- control training and communication activities, also online, and the Key Risk Indicator, "real time", through powerful, simple and immediate dashboards.
Thanks to our application it is possible to govern the key phases of IRM
Planning, Risk Mapping, Risk Management, Reporting, Follow Up.
Thanks to these functions, it is possible to manage the variation of risks over time, represented according to dynamic dimensions that are always connected to each other (e.g. risks, processes, standards, controls, organisational structure).
The risk analysis and assessment process is automated by algorithms that can be easily configured according to your own criteria.
Thanks to these functions, it is possible to manage the variation of risks over time, represented according to dynamic dimensions that are always connected to each other (e.g. risks, processes, standards, controls, organisational structure).
The risk analysis and assessment process is automated by algorithms that can be easily configured according to your own criteria.