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Description
SoftExpert ERM software empowers organizations to systematically identify, analyze, assess, monitor, and manage enterprise risks through a cohesive framework. By consolidating all risk management data into one extensive platform, it includes a reusable library of identified risks along with their respective controls and evaluations, as well as tracking incidents like losses and non-conformities, key risk indicators, and treatment strategies. This solution not only simplifies the risk assessment workflow but also features a risk heat map that helps organizations prioritize and make informed strategic choices based on various risk levels. Furthermore, the software underpins the enterprise risk management initiatives of the organization by effectively integrating and addressing multiple risk categories such as strategic, financial, security, compliance, environmental, assets, products, processes, and projects. Its comprehensive capabilities ensure that organizations can respond proactively to risk challenges and enhance their overall resilience.
Description
Start by defining your objectives clearly. Next, identify the potential risks associated with those objectives. After that, assess and prioritize these risks based on their potential impact and likelihood. Evaluate them against your established risk tolerance levels to understand which ones require immediate attention. Subsequently, determine appropriate responses to each identified risk and implement those strategies effectively. Ensure that you communicate and consult with relevant stakeholders throughout this process. Continuously monitor the situation and seek opportunities for improvement over time. Once you have compiled the risks into a risk register, positioning them on a heat map becomes straightforward! Just select the risk code and drag it to the corresponding location on the heat map. The X and Y axis values will be recorded automatically for your convenience. Additionally, you can easily reposition risks within the risk heat map or matrix by simply dragging and dropping them to their new spots. The Risk Heat Map, also known as the Risk Matrix, features a streamlined design that can be utilized during board briefings or meetings of the enterprise risk management committee. This solution is built with remarkable flexibility, offering various display options to suit different needs. You can create and customize multiple heat maps, each incorporating distinct filtering criteria or visual attributes, to better align with your specific requirements. This level of customization allows for a more tailored approach to risk management that can adapt to evolving organizational needs.
API Access
Has API
API Access
Has API
Integrations
SoftExpert Suite
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$3500 per year
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
SoftExpert
Founded
1995
Country
Brazil
Website
www.softexpert.com
Vendor Details
Company Name
visualiserisk
Website
www.visualiserisk.com
Product Features
Business Intelligence
Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics
Product Features
Financial Risk Management
Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation
