OpenVison is offering SMART Risk Management (RMA) software is available as On-Premise (licensed software) or On-Demand (SaaS) and is used to centrally identify, evaluate and prioritize organizational risks; plan and implement mitigation projects and mitigation controls; and help in monitoring key risk indicators across IT, finance, operations, and legal units organization.
Our RMA software helps in risk evaluation efforts using risk registers, calculates risk score based on likelihood and risk impact. While working on risk registers you can create risk mitigation plans. With SMART workflow you can track status of risk treatment plans and ensure timely mitigation of risks. Based on the type of Risk, the system also specifies the recommended ISO/IEC standard controls, which can be used for closure of risk. Automated workflow system can raise escalation alerts to appropriate personnel, if risks are not mitigated within agreed time limits.
SMART Risk Management Solution is part of Governance and Risk Compliance software suite, which has audit and compliance management modules, which allows seamless integration with other mitigation related processes such as audit findings - corrective actions, improvements, polices and change management.
Key Features :
Business Benefits :