Business Continuity Management Software

Configure custom BCM and risk dashboards to have a big picture overview of potential risk events and their impact. Proactively monitor, identify, assess, address, and report vulnerabilities across your organization. Monitor KRIs, assign risk owners, conduct risk assessments, and generate reports.

Govern inventories of assets and processes. Users may create, classify, sort, and prioritize assets. They may also create lists of vulnerabilities, monitor trends, add comments, and generate reports. Each asset and has its own overview page in the system. Assets can be managed as portfolios where users can map incoming risks, and manage current risks and vulnerabilities.

Create a comprehensive list view of your processes, assets, and information needed for Business Impact Analysis (BIA). Corporater enables you to gather and input all necessary information needed for prioritization and development of scenarios. Identify Recovery Time Objective (RTO) and Recovery Point Objective (RPO) requirements, and determine Maximum Allowable Downtime (MAD) / Maximum Tolerable Downtime (MTD) and general impact (reputational and financial).

Build and maintain a centralized risk register to have a complete and current overview of your risks. Map vulnerabilities to have a good foundation to conduct risk assessments. Risks may enter the system automatically (for instance, from your Incident Management System) or be entered manually by users.

Map risk scenarios and conduct risk assessment process. Natively the system follows ISO 31000 for Risk Management, however, other models, such as COSO, can also be used. Analyze, rank, and continuously quantify identified risks based on their probability of occurrence and quantitative effects (e.g., amount of loss). View consequences (qualitative or quantitative) and impact for each risk, and take appropriate action.

Through the risk assessment, users can suggest treatment actions. The actions can be associated with existing control measures, adopted using standards, or otherwise defined by your organization. In such way, you may templatize the treatment approach to selected risks.

Create and manage scenarios and connect any number of processes and / or assets to them. Use the scenarios as inputs to gauge the severity levels for your program. This process can be done locally or at an aggregated level. Plan the scenario by identifying the crisis team, key stakeholders, affected assets / processes and related policies and documents. The scenarios can also be used for internal audit and archiving findings. This is a critical step to continuously improve your BCM program.

Understanding which asset / process might be related to one another is a useful way in finding the most prioritized way of mitigation. Corporater allows its users to manage the dependencies through tables and forms.

Corporater enables users to create and manage scenario-based exercises and let the system manage the workflow of when, where, who, and why. Running exercises is a useful tool to simulate various disruptive events from fire drills to cyber-attacks.

Display the results of your BCM activities on your BCM monitoring dashboard. This includes results from your business impact assessments, the filing of the recovery plans, the executions of the exercises, and other results.

Through the solution’s built-in workflow engine, your Internal Audit team can easily stay involved as an intricate part of the BCM process. Using designated audit pages in the solution, your Internal Audit team can monitor and file audit findings, and generate reports serving as an effectiveness proof of your BCM program.

With Corporater Business Management Platform, you can easily scale your solution to other GRC and performance management domains, such as enterprise or operational risk management. The system enables your organization to govern, manage and assure your performance, risk, and compliance today, and in the future.