SoftExpert Risk covers all aspects of the risk management process, from initial risk identification, through risk assessment and evaluation to risk mitigation and monitoring, managing incidents, and ensuring appropriate follow-up and integrated reporting. The software fits into all and any organizational field, which means risk management automatically takes place in the company projects, processes and strategies; product development; environmental, health and safety; governance practices; IT management; and others.
SoftExpert’s solution supports end-to-end risk and opportunity management process in a solid design and integration with other GRC (Governance, Risk and Compliance) functions including regulatory compliance and internal audit, ensuring that organizations can cost-effectively establish a wide risk management function.
SoftExpert Risk includes key features such as visual representations of the risk framework, customizable evaluation methodologies, workflow enabled processing of risk assessments and control tests, and enterprise level visibility and reporting. It is important to say that the requirements, concepts, and methods applied in the system completely meet all demands set in the main standards and worldwide methodologies, such as ISO 31000 and COSO framework.