Messer strengthens Enterprise Risk, Internal Controls, and Compliance with Corporater

The implementation of Corporater BMP at Messer SE & Co. KGaA led to:

• Straightforward Process Control

  Corporater BMP allows all risk management stakeholders to participate in the risk management process, with clearly defined access rights. Its intuitive user interface ensures optimal support for all participants and delivers essential information in an easily accessible format.

• High Degree of Flexibility

  Corporater BMP provides extensive flexibility for incorporating specific internal requirements, allowing for adherence to ISO 31000 standards, the COSO Framework, and the recommendations of the German IDW Accounting Standards. This helps ensure compliance with relevant legal and regulatory requirements.

• Clear and Concise Reporting

  The platform provides Messer with dashboards that offer a clear and concise visual summary of the current risk status, allowing for swift insights and facilitating informed decision-making. Their easy-to-read format enables stakeholders to quickly understand data and confidently address emerging risks.

• Early-Stage Risk Information

  Decision-makers must receive risk information promptly to implement suitable mitigation measures. The introduction of Corporater BMP software at Messer has created a framework that allows for early notification of potential risk scenarios. Risk can be reported on an ad hoc basis.

• Proactive Risk Simulation Process

  Scenario analysis, encompassing best-case, most likely, and worst-case scenarios, enables quick and easy simulations that support Messer’s strategic planning on different levels. These capabilities enable proactive risk management.