Enterprise Risk Management
You gain increased functionality for enterprise wide Risk Management and Assessment above and beyond the Risk scoping capabilities at the Entity level. This includes the capability to assign values for both Inherent and Residual Risks, or view risks from a Business Objectives perspective, for example.
The tool supports a COSO or CobIT based approach to risk assessment, working from the identification of Business Objectives and Risks through the documentation and selection of Risk Responses. At any point in the process the DoubleCheck™ Risk Analysis tools can demonstrate exposure gaps or residual risk from either an enterprise-wide or individual business unit perspective.
Extensive reports provide information throughout the risk analysis process, including risk effects across multiple entities, heat maps, and cost/benefit analyses of diverse risk responses. Having the company’s risk assessment information integrated with compliance and testing data allows potential losses to be immediately determined when exceptions are identified. Both manual and/or automated exception reports can be generated to alert the appropriate parties.
Questions About Our Enterprise Risk Management Solutions?
Don’t hesitate. Contact us today at 1-888-299-3980.