Ventiv Technology

RiskConsole-Inserts-US-ERM

Ventiv Resource Library

Issue link: https://ventiv.uberflip.com/i/604038

Contents of this Issue

Navigation

Page 0 of 0

ENTERPRISE RISK MANAGEMENT In today's global business environment, understanding the enterprise-level risks facing your firm is crucial. Yet, managing global risk registers with spreadsheets can be unreliable and resource intensive. Inconsistent, inefficient ERM processes can prevent your firm from improving its management of risks, making data-driven strategic decisions, and effectively monitoring preventive measures and actions. Ventiv Technology's ERM solution empowers you to produce comprehensive risk profiles and manage risks across your enterprise with effectiveness and efficiency. By facilitating the collection of risk information, RiskConsole empowers you to manage risk in a consistent fashion in line with your ERM framework. RiskConsole provides immediate value by supporting the efficient integration of ERM into your enterprise's existing management processes. RiskConsole provides a structured environment for rolling out your ERM process covering risks, risk assessments, controls, actions/treatments and associated reporting. Successful ERM programs help senior management and boards better understand critical risks—both existing and emerging— and the potential impact of those risks on financial performance and operational health. RiskConsole helps support this by providing the reporting and analytics to help you promote a culture of risk-based decision-making. RiskConsole streamlines management of your ERM processes with improved workflows, data aggregation and consolidation, and analysis and reporting. Other key benefits include: • Roll out ERM across your enterprise; embed risk management and rive best practice. • Maximize the value of your ERM process with improved real-time reports and analytics to help make better risk based decisions. • Integrate ERM and insurance management activities. • More efficient with better workflow, automatic reminders and chasers, and seamless consolidation, aggregation and reporting.

Articles in this issue

Archives of this issue

view archives of Ventiv Technology - RiskConsole-Inserts-US-ERM