Categories
Problems that solves
Non-existent or decentralized IT incidents' management
Unstructured data
Risk of data loss or damage
Non-compliant with IT security requirements
Complex and non-transparent business processes
Shortage of information for decision making
Low speed of report generation
Insufficient risk management
Values
Reduce Costs
Ensure Security and Business Continuity
Manage Risks
Governance, Risk Management and Compliance Software Platform
Financial and Reputation Risk in Control. Risk Management, Internal Control, Audit, Information Security with State-of-the-Art Governance, Risk Management and Compliance Software
About Product
Description
Key organizational risks can have a dramatic financial and reputational effect on an organization. To ensure compliance and proper risk management,
companies need to review enterprise-wide business processes on a regular basis, assess current and potential risks, and design procedures or controls to
mitigate those risks. This can help prevent related operational losses and fines for regulatory violations, reduce the costs and burden of compliance, and
guard against potential reputational damage. And, using one common risk taxonomy and risk language company-wide can help the business units focus on
their primary functions and enables Internal Audit to use the same language across all business units while maintaining its inherent independence. The BWis…
companies need to review enterprise-wide business processes on a regular basis, assess current and potential risks, and design procedures or controls to
mitigate those risks. This can help prevent related operational losses and fines for regulatory violations, reduce the costs and burden of compliance, and
guard against potential reputational damage. And, using one common risk taxonomy and risk language company-wide can help the business units focus on
their primary functions and enables Internal Audit to use the same language across all business units while maintaining its inherent independence. The BWis…