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Enablon RM

Enablon RM – Risk Management is an integrated solution designed for assessing, managing and controlling risks.

 

The solution covers the entire risk management cycle: identification, assessment and measurement of risks as well as implementation of corrective actions and assessment of risk controls.

 

 

 

The Enablon software solution covers the entire risk management cycle, enabling companies to implement “top-down” and “bottom-up” risk management processes according to the organization of the particular company.


Risk identification
The solution includes a central database listing all risks.  Any new risk identified in the different entities can be added to the database.

Risk appetite definition
The Enablon risk management solution allows companies to define their risk appetite, i.e. the acceptable and desirable levels of risk which will allow them to achieve performance and growth objectives.

Risk mapping
The risk mapping module enables companies to chart the risks in each activity and process represented in their business.

Risk assessment

Enablon RM allows companies to assess the likelihood of an occurrence and the impact of risks in a qualitative and quantitative manner (inherent and residual risks).

 

Risk assessment includes quantifying and categorizing risks within the risk portfolio. Assessment methods are completely administrable and can differ according to a company’s organizational scope.


Risk treatment
Enablon RM enables risk management actions to be monitored at each management level. Corrective action plans can be shared among several entities. The solution also enables companies to compare the costs and benefits of treating risks.

Reporting

The Enablon RM solution allows companies to produce customized reports quickly and easily. The Reporting module automates the aggregation of risk information from the different entities.  Reports can be generated automatically using report templates or ad-hoc queries. The solution offers out of the box report templates such as:

 

  • Risk mapping
  • Risk treatment analysis
  • Risk portfolio assessment

 

The solution’s Reporting module also enables complex queries to be created in order, for example, to identify items requiring more in-depth analysis among the different risks.

 

In addition, the solution offers analytical functions and numerous formats for viewing and analysing reporting results, including heat maps as well as radar and bar charts.

 

Automatic notification systems can also be configured.



To request more information about this product or view an online demonstration, please click here.






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