Enterprise Risk Management
Maximizing value and managing uncertainty are critical requirements in an environment where risks are multiplying and often impact across the entire organization; the number of laws and regulations which organizations are subject to is steadily increasing; and the requirements for visibility and accountability from stakeholders are greater.
RVR’s ERM solution is a complete risk management system that enables organizations to:
- Ensure compliance with international, national and industry-specific regulations
- Reduce operational uncertainty and losses, avoid crises and frauds and ensure operational continuity
- Align strategy with the organization’s risk appetite and risk management approach
- Enhance management decision-making by focusing on key risks and facilitating effective risk responses
- Maximize synergies by running additional projects (e.g. compliance, IT governance, etc.) using the same platform and based on the same approach
RVR’s ERM solution is fully compliant with the COSO II framework.
RVR ERM facilitates:
- A proactive approach: run qualitative and quantitative risk assessments and leverage opportunities to improve risk responses
- Projects being directed using a top-down approach whilst incorporating bottom-up input and execution
- High levels of security due to the role-driven access functionality and full audit trail
RVR’s ERM solution has advanced functionality that enables organizations to run efficient and effective ERM projects.
