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Description

Decision Focus empowers internal audit teams to implement risk-based and cyclical planning across a specified audit universe, enhancing both efficiency and transparency throughout the audit process. With a real-time overview of findings and actions, it guarantees progress and fosters alignment across different organizational sectors. This tool steers your staff through a structured and user-friendly process, providing a more objective and evidence-driven perspective on risk at every level of the organization. The presence of real-time dashboards and alerts helps direct attention to critical areas, minimizing uncertainty and allowing for confident decision-making. Moreover, the Board receives clear, evidence-based assurances about the areas that are functioning well, reinforcing their confidence in the organization’s stability. Equally significant is its ability to highlight the areas that require attention, enabling the Board to take timely action when necessary. Thus, Decision Focus not only streamlines the audit process but also enhances overall organizational governance.

Description

The Product Risk Framework is an advanced business intelligence solution designed to assist product development teams in evaluating the risks, limitations, and uncertainties tied to new initiatives. Owned by Strategy 2 Market, this tool focuses on supporting medium to large companies in refining their product development processes. The Product Risk Framework™ functions as a software resource for product developers, facilitating the identification, assessment, and prioritization of the most critical uncertainties and risks linked to product concepts. By utilizing principles from behavioral economics, it effectively uncovers uncertainties while monitoring the progress of risk mitigation from the initial idea to the product launch, ultimately improving decision-making through effective data visualization. Additionally, the Product Risk Framework was awarded a STEM I-Corp Grant by the National Science Foundation, with sponsorship from the University of Chicago, highlighting its innovative approach in the field. This recognition underscores the framework's value in advancing product development practices.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Decision Focus

Country

Denmark

Website

www.decisionfocus.com

Vendor Details

Company Name

Product Risk Framework

Country

United States

Website

www.productdevelopmentrisk.com

Product Features

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Product Features

Product Management

Collaboration
Feedback Collection
Idea Management
Milestone Tracking
Prioritization
Product Roadmapping
Release Management
Requirements Management
Resource Management
Workflow Management

Project Portfolio Management

Budget Management
Collaboration
Dashboard
Issue Management
Milestone Tracking
Portfolio Management
Project Planning
Requirements Management
Resource Management
Status Tracking
Task Management
Time & Expense Tracking

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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