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Description

We firmly believe that taking risks is essential for achieving ambitions. A well-developed process, advanced technology, and a workforce that is mindful of risks cultivate trust within an organization. NARIS-GRC® NEXT empowers every individual to become a risk manager. By utilizing the most human-centric, intelligent, and data-driven Governance, Risk, and Compliance platform, countless professionals engage in risk-taking with assurance every day. This platform facilitates the integration of risk and process management while providing a comprehensive overview to aid in risk-based decision-making. It enables users to pinpoint and tackle key risks while tracking recommendations effectively. Furthermore, it allows for the construction or importation of a risk controls framework that aligns with existing legislation and regulations, ensuring consistent monitoring. Organizations can enhance quality and safety by learning from previous errors or close calls. Additionally, it consolidates contract and insurance data into a single, accessible overview. Connecting risk to strategy and performance is essential, as emphasized by COSO. Our risk strategy map transforms lengthy policy documents and risk profiles into a clear visual representation, serving as a foundational element for effective risk management. Ultimately, this approach fosters a culture of continuous improvement and proactive risk management throughout the organization.

Description

This framework allows for a comprehensive view of various opportunities and challenges, ensuring that both team members and stakeholders share a mutual comprehension of the risks, processes, and their respective responsibilities. The Risk Management system is designed to address potential effects on your organization or project, encompassing both advantageous and adverse outcomes. As a qualitative tool, it facilitates the description, documentation, and sharing of risks, enabling users to access pertinent risks and corresponding mitigation strategies. Users can easily add or modify information with minimal guidance required. Essential components of the process include identifying opportunities and threats, assessing and prioritizing them, and monitoring progress while regularly updating the risk matrix and associated actions. This tool not only aids in prioritizing and conveying risks effectively but also tracks mitigation efforts, providing complete traceability of the historical evolution of each risk over time. By fostering an organized approach to risk management, this system ultimately enhances decision-making and strategic planning within the organization.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$27 per user per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Naris

Founded

2001

Country

Netherlands

Website

www.naris.com

Vendor Details

Company Name

Omega

Founded

1992

Country

Norway

Website

omega.no

Product Features

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

Product Features

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Alternatives

CURA Reviews

CURA

CURA Risk Management Software

Alternatives

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D&B Risk Analytics

Dun & Bradstreet
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BCMsoft

KMIR Consultants
BCMsoft Reviews

BCMsoft

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