- Home
- Companies
- Wolters Kluwer Enablon
- Software
- Enablon - Version RM - Risk Management ...
Enablon - Version RM -Risk Management Software
Enablon RM is an integrated solution designed for assessing, managing and controlling risks and incidents. More stringent international regulations (Sarbanes-Oxley, Basel II framework, Solvency II) combined with an increasingly unstable business environment and the rise of new types of risk (increasing competition, new environmental concerns, etc.) are all strategic issues which require companies to have greater control over their business activities. In this new environment, companies need to adopt a global and systematic approach in identifying, assessing and managing their risks. To achieve this, efficient risk management systems are essential.
A comprehensive and integrated full-web solution, Enablon RM allows companies to automate and centralize the entire risk management cycle. Enablon RM offers the following functionalities:
- Risk identification and assessment
- Risk mapping
- Assessment of risk control procedures and levels
- Management of corrective action plans
- Analysis of risk control levels
The Enablon software solution covers the entire risk management cycle, enabling companies to implement “top-down” and “bottom-up” risk management processes according to the organization of the particular company.
Risk identification
The solution includes a central database listing all risks. Any new risk identified in the different entities can be added to the database.
Risk appetite definition
The Enablon risk management solution allows companies to define their risk appetite, i.e. the acceptable and desirable levels of risk which will allow them to achieve performance and growth objectives.
Risk mapping
The risk mapping module enables companies to chart the risks in each activity and process represented in their business.
Greater operational risk control
Enablon IMS includes an advanced occupational risk assessment module which enables the following:
- Risk mapping: Definition of risks in a centralized database
- Identification and assessment of main risks and hazards per activity, job task, etc.
- Definition and implementation of risk mitigation plans
Risk assessment
Risk assessment includes quantifying and categorizing risks within the risk portfolio. Assessment methods are completely administrable and can differ according to a company’s organizational scope.
Risk treatment
Enablon RM enables risk management actions to be monitored at each management level. Corrective action plans can be shared among several entities. The solution also enables companies to compare the costs and benefits of treating risks.
Reporting
The Reporting module automates the aggregation of risk information from the different entities. Reports can be generated automatically using report templates or ad-hoc queries. The solution offers out of the box report templates such as:
- Risk mapping
- Risk treatment analysis
- Risk portfolio assessment
The Enablon Difference
- The most comprehensive platform for Sustainability, EHS and Risk Management
- Used by more than 1 million users in 160 countries across all industries
- Recognized by industry analysts across all product areas
- Accessible anywhere, anytime on laptops, tablets and smartphones
- A complete range of usage options, from SaaS to hosted and on-premises
- A flexible technology which can be tailored to each company’s processes and organization
- A global network of partners providing consulting, services, content and technology