Risk Management

Automated enterprise risk management

Say goodbye to spreadsheet-based risk registers, time-consuming risk management processes and manual reporting.
Storata Enterprise Risk Management Solution Overview

Storata’s Enterprise Risk Management (ERM) solution provides a structured approach to effectively oversee organizational risks, encompassing a comprehensive risk management program. Leveraging the Storata Platform and adhering to standardized risk assessment methodologies, our ERM software facilitates precise identification of risks and understanding of risk exposure across various levels within your organisation. Through multi-dimensional assessments of risks and controls, encompassing both qualitative and quantitative criteria, it establishes a robust risk profile. Real-time insights are delivered through powerful analytics, advanced heat maps, reports, dashboards, and charts, empowering informed, data-driven decisions throughout your risk management journey. The solution includes a user-friendly risk register to ensure no critical risks are overlooked, enhancing your organisation’s ability to secure its future effectively.

Streamline Risk Management Using Storata
Identify, manage and treat risks

Optimise your workflows and processes, reducing reliance on spreadsheets and cutting costs while building trust and accelerating revenue. Our integrated risk management framework enables seamless risk identification, management, and treatment within a single platform, simplifying your security and compliance journey. Maintain a clear view of your risk profile to enhance efficiency and proactively address risk across your organisation. Utilise Storata’s risk register functionality to increase visibility and fortify your risk management efforts effectively.

Automate risk assessments

Harness Storata’s versatile risk management capabilities to define and communicate your organisation’s risk appetite and tolerance levels. Maintain comprehensive control over risk assessment processes by customising values, workflows, and assessments tailored to your unique needs. Stay proactive in managing potential impacts and likelihoods with insights from the risk register and compliance activities. Make informed decisions and implement effective risk controls throughout your organisation.

Create Tailored Risk Workflows

Tailor Storata’s adaptable risk management framework to fit organisations of any size or scope. Design and implement customised risk lifecycle workflows effortlessly within the platform. Define stages, outline completion fields, and set mandatory requirements for enhanced accuracy. Arrange workflow stages as needed and provide clear instructions to users, streamlining the entire risk management process. Whether managing various types of risks or overseeing departments, our flexible risk register and intuitive workflows empower effective risk oversight and control measures.

Produce In-Depth Risk Reports

Stay informed about your organisation’s risk posture with ease. Generate operational, executive, and board-ready risk reports, including risk matrices, with a click of a button. Filter reports to focus on relevant risks, create custom dashboards, and export data for external stakeholders. Our robust risk reporting integrates seamlessly with the platform to monitor and manage your organisation’s compliance, security, and risk management initiatives comprehensively.

Efficient Features Integration
Discover the integrated features of this solution designed to streamline setup and deployment quickly.
Efficient Features Integration
Discover the integrated features of this solution designed to streamline setup and deployment quickly.
Audit & Assessment Simplification
Establish a robust and defensible assessment process for third-party suppliers, effectively managing risks across your supply chain.
Vendor Risk Management
Implement a robust and defensible assessment process for your third-party suppliers and manage risks across your supply chain.