Richard Wilson Risk Management March 25, 2022 What’s New in Release 7.7? Avoid the pain of managing home-grown, spreadsheet-based, risk registers and assessments. In our newest release, AuditComply has developed a new way to assess your IT & Business risk, providing a more streamlined, structured approach to capture risks across the enterprise. [NEW] Simplified Assessment If you’re familiar with our Advanced Risk Assessments, you will notice the Standard Risk Assessment structure offers a more simplified approach to adding requirements, capturing risks & implementing controls. [NEW] Prioritize Your Risk As part of the Standard Risk Assessments we have removed the Detection rating & RPN. Allowing you to leverage uncomplicated key risk indicator data to create an objective, value-added approach to risk priortiziation. [NEW] Assign, Manage & Track Tasks Add controls and tasks to mitigate and control risk, ensuring follow-up, review, completion & ownership across different business areas. [NEW] Evaluate Control Performance Understand control performance in real-time. If a control is no longer performing, actions can be taken to ensure residual risk is being managed and mitigated as it occurs. [NEW] Gain Clarity & Oversight Identify risk, connect across silos & manage associated risk registers. Build a storyline of your risk profile using real-time insights & dashboards. If you have any questions about Release 7.7 please visit our Help Centre for FAQs or get in contact with the AuditComply Support team directly at help@auditcomply.com. Share on Facebook Share on X
Risk ManagementElevating Your Controls EnvironmentMaintaining a highly effective control environment is integral to any good compliance program. When controls or other safety measures falter, they can expose your organization to risk. The repercussions go beyond poor audit results. You may succumb to a costly... May 10, 2022Read more Risk ManagementERM VS GRC 2022: Choosing the Right Tool for YouA rapidly changing business landscape signifies an organization will face a variety of risks throughout their lifetime. However, drawing similarities from ancient Chinese philosophy, it’s the mentality towards risk that can determine survival. Risk and opportunity. Yin and Yang. Good... January 27, 2022Read more
Risk ManagementERM VS GRC 2022: Choosing the Right Tool for YouA rapidly changing business landscape signifies an organization will face a variety of risks throughout their lifetime. However, drawing similarities from ancient Chinese philosophy, it’s the mentality towards risk that can determine survival. Risk and opportunity. Yin and Yang. Good... January 27, 2022Read more