Key Benefits

Create consistency and ease through the course of the entire risk assessment

The platform will drive you through steps from selecting and modifying questionnaires to monitoring progress of an assessment and reviewing results to calculate and judge residual risk.

Align the platform to your organization’s risk assessment process

Gain more control in a variety of details, such as risk levels, timing, risk thresholds, risk assessment integration into the Vendor Onboarding module, ability to record inherent and residual risk separately, utilizing mitigating questions to determine residual risk and provide guidance on mitigating control factors and more.

Improve risk assessment quality and visibility

Rather than just looking at answers in a questionnaire, close gaps by allowing weight on user’s responses to show particular importance, easily see if further mitigation needs to be completed on an item and use reports to monitor it all.

What's Included

• Perform both inherent and residual risk assessments
• Invite unlimited users to contribute to any risk assessment
• Invite your internal subject matter experts (for example, CFO) to weigh in on a particular section of risk 
• Utilize templates or create your own
• Create clear, concise risk rating reports
• Elect prevailing contributors
• Customize scoring preferences *
• Include both inherent and residual risk questions in your questionnaire *
• Ability to control mitigation allowances *
• Use within the Vendor Onboarding Module *