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Protection against risk is at the forefront of thinking for most leading companies worldwide. The landscape has certainly changed since the advent of Sarbanes-Oxley in 2001. Directors and senior managers alike are accountable and responsible
for company-wide decisions. Information is available for Enterprise Risk Management (ERM) practitioners and while companies are more informed the processes can be reactive and time consuming.
- The additional overhead of managing risk in itself can incur a raft of internal and outside resources.
- Technology & Consultants
- Software providers
- Legal Firms
- Rating Agencies
- Risk solutions providers
What if there was a more effective way to management risk, utilising internal resources?
eBMS can design a Risk Assessment or Risk Management System providing input for all users and accessible across the business. The data retained can be relevant to other systems, such as an Accident and Incident system, Customer Complaints system, Environment Aspect and Impact system.
eBMS is a web based process design, data capture and trend analysis system.
The first step is easy. Design your new Risk Assessment system based on the fields that are relevant within your current Risk Assessment system (Automated or manual). Department fields and any other employee or customer data, can be incorporated. Once the new Risk Assessment system is designed existing risk data can be imported for immediate use.
Reviewing new risks is also a straightforward process.
Step 1 - Assessment review team assesses and logs and scores the risk.
Step 2 - Initial Action is defined. 2nd review is scheduled using the eBMS scheduler.
Step 3 - Corrective action is undertaken if necessary
Step 4 - Assessment conducts 2nd review and logs the new review score.
Step 5 - Long term corrective action is recommended where necessary and the Risk is closed off (after sign off by senior management).
Appointments can be instantly arranged using Outlook integration. Advanced reporting options are available using the eBMS report profiler. The right people can be assigned essential tasks through the simple workflow system that can automatically alert the next responsible person. Remote access is available so data can be input from the customer’s premises or any other offsite location.
Why risk critical business issues when they can be prevented automatically with eBMS?
 Download the Risk Assessment Management Whitepaper
* = Prices may vary dependent on system requirements. |
