Confronted with increasing complexity of operations and external pressure from investors and regulators, organizations must coordinate their risk management strategies.
All too often, risk programs are managed as independent silos, without sufficient communication between different departments.
MEGA GRC Risk provides a platform and a central repository for implementing a risk management initiative consistently across the enterprise.
Designed for the users’ perspective, the tool's ease of use facilitates the adoption of a coordinated approach. In addition, the support of all types of risk management methods ensures a smooth integration of the tool into any working environment.
As part of the MEGA GRC Suite, MEGA GRC Risk can be used alone or integrated with other modules. When used with MEGA GRC Compliance & Control, internal control and audit managers have access to risk assessments associated with controls and their quantitative measurements.
Risk Managers and Internal Control Managers rely on MEGA GRC Risk to share risk management policies with all stakeholders, supported by a complete and realistic picture of the risks in the organization. They implement the approach best adapted to each phase - identification, assessment, and analysis - with dashboards and reporting capacities for effective communication.