Over the last two decades, Enterprise Risk Management (ERM) has evolved from being a theoretical concept to becoming a pivotal business practice embraced by many organisations. However, despite its success, ERM is not without its problems… nor its opponents.
Embedding a robust risk management framework throughout an organisation can be a difficult task – whether because of friction between departments over competition for budgets, or because the departments are operating in ‘silos’. Engaging all personnel from the C-Suite through to front-line operations can also prove problematic. Some people may think that, because they are not the Risk Manager, risk management is not their responsibility when the truth is, Risk Management ought to be the responsibility of everyone in the organisation.
Risk reporting from manual systems can turn an innately difficult task into an impossible one. How can you expect to produce an accurate view of the top risks across the organisation using information captured on a set of spreadsheets? Aside from the nightmare of version control, you are lifting information from a static source and so, by the time you get to report on it, it’s quite likely those reports will already be out of date.
CalQRisk, the online Governance, Risk Management & Compliance software, is currently used by over 250 organisations to streamline their Enterprise Risk Management efforts. The system is user-friendly, easy to implement and is backed up by our first-class support team.
CalQRisk is essential for any organisation that needs a risk management / compliance solution that will evolve with their business and provide them with the essential ingredients that will allow them manage their risks on an on-going basis.
CalQRisk includes all the compliance and risk management tools our organisation requires to record, monitor, mitigate, analyse and measure the risks we’re exposed to. Embracing risk management, audit tracking, task tracking, incident reporting, accident reporting with associated messaging / reminder functionality and dashboard reporting our organisation is now better placed to detect corporate, occupational, technical and indeed enterprise risk exposure.
If you are looking for real risk management that will make a real difference to your organisation, choose CalQRisk.
