Overview
Move from firefighting and crisis management to proactive decision making.
Anticipating what might go wrong and working out how to mitigate prioritized risks can become an integral part of everyday business with InPhase.
Implementation
When implemented the InPhase way, either as a stand alone solution or as an integrated part of the Business Improvement Suite, risk management will reduce not only the likelihood of an event occurring, but also the magnitude of its impact.
Mange the entire lifecycle of risk mitigation from initial assessment, planning key mitigation to board assurance of your internal and external controls.
Capabilities
Create risks at all level of the business including
- Operational
- Transactions
- Project
- Enterprise
- Supplier & third party compliance
- Processes
Support the entire risk lifecycle including
- Identification
- Assessment
- Prioritisation
- Handling
- Monitoring
- Reporting
Key product features
- Initial risk scoring
- Customisable risk matrix
- Customisable colouring schemes
- Updatable over the iPad, on the cloud or on premise
- Delegate tasks across the business to responsible owners
- Track and alert on required activity to each user via email and home page alerting
- Comprehensive audit trail
- Supporting document repository
- Prioritisation
- Aligns to outcomes and metrics across the business
- Incredible hard copy and dashboard reporting
