Enterprise Risk Management Software

Manage risk across your enterprise by having a complete overview of risk and threats that pose a risk to your organization. Corporater enables organizations to create a digital twin of their organization — mirror their organizational hierarchies, systems, assets, structures, and processes — so that they could easily monitor and manage risk across all levels of the organization. Corporater is built a flexible, configurable software, so you can adapt the solution to your business — not the other way around.

No more spreadsheets! Integrate all your risk data into a single source of truth for a complete transparency and risk oversight. Corporater enables organizations to combine data from various data sources and display it neatly as various data visualizations on custom risk dashboards. Experience the business impact of having a shared, dynamic risk register for any type of risk — from the operational to the strategic level, and the ability to correlate the corporate risk profile, impacts, and risk maturity with business performance and strategic objectives.

Define risk areas that could pose a threat to the company’s existence across all departments, levels, and processes, and communicate them across your organization. Link risks to assurance frameworks across the three lines of defense. Configure custom risk dashboards to delegate, manage, and track completion of assigned tasks and responsibilities. Automate manual tasks and standardize your reporting process.

Proactively monitor, identify, assess, address, and report vulnerabilities across your organization. Create customized risk dashboards with risk registers and heat maps to have an overview of potential risk events and their impact. Build and maintain a centralized risk register to have a complete and current overview of your risks. Monitor KRIs, assign risk owners, and conduct risk assessments. Analyze, rank, and continuously quantify identified risks based on their probability of occurrence and quantitative effects (e.g., amount of loss).

Take appropriate action – risk avoidance, risk reduction, risk-sharing, or transfer – to minimize risk impact. Define custom risk management actions and document all decisions in a clear manner. Set up automatic notifications to communicate assignments, responsibilities, approval status, and overdue tasks.

Cultivate a risk-aware culture by communicating risk internally across your organization and to the regulatory body (i.e., Management Board). Create a standardized reporting process based on concrete responsibilities, periodicity, thresholds, and reporting formats.

Demonstrate compliance with laws, rules, and regulations applicable to your industry to regulators and key stakeholders. Evidence that your organization has sufficient resources (people and technology) available for proactive risk management, and that roles and responsibilities are properly communicated and documented.