The Solution – SoftExpert ERM
SoftExpert ERM software enables organizations to identify, analyze, evaluate, monitor, and manage their enterprise risks using an integrated approach. It brings together all risk management related data in a single and comprehensive environment, including a reusable library of risks and their corresponding controls and assessments, events such as losses and non-conformities, key risk indicators, issues and treatment plans. The solution streamlines the risk assessment process, while the risk heat map feature enables organizations to set their priorities and make strategic decisions based on risk levels.
The software serves as the foundation for the company’s enterprise risk management efforts through its ability to unite and support different risk categories like strategic, financial, security, compliance, environmental, assets, products, processes and projects. These categories can be part of broader applications and risk family solutions, such as Operational Risk Management, IT Risk Management and General Compliance Management. SoftExpert ERM is designed to be flexible and configurable, supporting whether the risk management standards defined by ISO 31000, COSO and PMBOK, as well the company’s unique requirements.