Enterprise Risk Management (ERM) is a holistic way for you to stay aware of the many risks your organization faces today, and drive it toward success tomorrow.

The Enterprise Risk Management Application in Risk Cloud identifies and mitigates emerging strategic, operational, financial, and compliance risks for business success.

How It Works

The Enterprise Risk Management Application allows you to easily and accurately identify future risks by drawing data from your organization’s workflows, requests, processes, and surveys. Additionally, the Application pulls in external interactions to monitor third-party vendor relationships.

You’ll have everything you need for a holistic view of organization-wide risk, including data from weighted risk score reports, analytics, and impact heat maps to provide visibility to cross-functional risks within Risk Cloud. This Application helps reveal when there are signs that quick action or future proactive moves are needed to address and mitigate risks. This holistic view will help you get ahead of risk before any harm impacts your hard-earned growth and progress.

Why You Need It

• Accurately identify and evaluate the impact of emerging risks within and outside your organization
• Get a bigger, fuller picture of risks by drawing data from workflows, processes, and surveys across the organization
• Access customizable, pre-built workflows that allow you to build a register for risks, assess the impact, and take effective mitigative action
• Understand the financial impact of your holistic risk program