Risk Manager

The Public Company Accounting Oversight Board (PCAOB) and many other bodies have stressed that internal controls should be defined and prioritized in context of the risks they are intended to mitigate.

ProcessUnity Risk Manager provides tools to define and manage the operational risk context. These include:

• An organized inventory of risks
• Association of risks with the business processes, IT systems, or significant accounts that are threatened
• Assignment of risk ownership
• Evaluation of risks in terms of severity of impact and probability of occurrence
• Mitigation of risk through definition of associated controls
• Reports to track and manage risk-evaluation and mitigation progress relative to target dates