Operational Risk Management Software

Operational risk management software integrates various aspects of operational risk into consideration, allowing flexible operational risk management with risk categories, types of risk, risk classifications, and costs of risk. When considering operational risk management, consider including various departments from your organization, including public relations, corporate communications, IT, and facilities maintenance. Operational risk management software bridges the communication gap between your organization business units, locations, departments, employees, and the general public.

If your organization is looking to implement operational risk management software, A1 Enterprise will assist in setting up various operational risk management processes where information may be submitted to initiate a specific series of risk management process steps. For example, if initiating an employee injury form, the necessary information may be submitted via your company web site by the employee or employee supervisor. Once submitted, email notifications can send to those parties responsible for the operational facility to ensure safety protocols are met promptly. Meanwhile, additional injury follow up steps are created and sent to the employee and to those responsible for the employee to follow up on the outcome of the injury. Parties included may involve a local OSHA representative, an insurance company, and the employee's family members.

In the event of an equipment failure, a form may be submitted by an equipment operator notifying the local equipment manager that a piece of equipment needs to be replaced, ensuring prompt action for business continuity. Sometimes, replacement parts may be required and involve multiple mechanics, or replacement part vendors, and in such cases specific notifications may be sent to certain equipment vendors for disaster recovery or equipment repair orders for highly critical operations, including the asset information, model numbers, and failure description.

A1 Enterprise operational risk management software is built to best suit your operational needs across your various organizational departments. We additionally private label your risk management software to ensure branding consistency with your company. If your organization has an internal data center, you may also self-host your operational risk management software to meet with your IT policy and VPN requirements.

Contact us for a live demonstration of our operational risk management software.