A risk and opportunity management process based on an open corporate culture represents an essential building block of value-oriented corporate management. In addition to fulfilling legal requirements, modern risk management software for companies must above all be able to individually implement internal company requirements. With the R2C_GRC software solution, all relevant employees of the company can be involved in the risk management process with precisely defined access rights. Thanks to its intuitive usability, the software optimally supports all process participants and provides them with the necessary information in a user-friendly format.
A risk and opportunity management process based on an open corporate culture represents an essential building block of value-oriented corporate management. In addition to fulfilling legal requirements, modern risk management software for companies must above all be able to individually implement internal company requirements. With the R2C_GRC software solution, all relevant employees of the company can be involved in the risk management process with precisely defined access rights. Thanks to its intuitive usability, the software optimally supports all process participants and provides them with the necessary information in a user-friendly format.
- Integrated risk atlas with example risks, possible measures and standard questions
- Risk catalogue function for top-down risk process
- Mapping business processes and linking risks inherent in the process
- Monitoring early warning and performance indicators
- Recording and evaluation of causes of risk
- Qualitative and quantitative assessment as well as mixed assessments
- Various distribution functions, e.g. triangular distribution, normal distribution, PERT distribution, scenario distribution, rectangular distribution, multinomial distribution
- Freely definable assessment target variables, e.g. EBIT, cash flow
- Consideration of assessment perspectives (gross, net and/or target)
- Any number of assessment periods, incl. calculation of cumulative risk
- Optional opportunity management
- Multilevel risk aggregation
- Use of any dimensions for non-monetary risk assessment, e.g. ESG (Environment, Social, Governance), reputation, environment, criminal liability, etc.
- Automatic calculation of the total impact from monetary and non-monetary assessment aspects
- Clear evaluation pages for results analysis
- Analysis and evaluation of the risk portfolio in relation to company organisation, process structure, general responsibilities or risk categorisation
- Scenario analysis (Best Case, Most Likely Case, Worst Case)
- Annual and target variable analyses
- Monte Carlo simulation for calculating the Value@Risk and Conditional Value@Risk with freely definable confidence levels
- Definition of any simulation portfolios, e.g. per risk category, business process, company, etc.
- Integrated action management for efficient action tracking incl. freely configurable e-mails to remind those responsible to process actions on time
- Evaluation of actions with regard to effectiveness, costs, scheduling, implementation status and responsibilities
- Automatic monitoring of deadlines
- Integration of Microsoft Outlook to perform tasks for staff without access to the application
- Process support for cyclical reporting through freely filterable standard reports and self-generated individual reports
- Reporting templates for adaptation to individual requirements at any time
- Comprehensive dashboards through the integration of Microsoft Power BI
- Clear cockpit functions
- Tamper-proof historisation and journalisation
- Comprehensive export/import functions
