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Risk Management

Governance & Risk Management Software

Elevate your organisational resilience by controlling and preparing for uncertainties with our comprehensive solution.

Risk management)

Key features:

  • Intuitive and user-friendly interface

  • Consolidated and configurable risk registers

  • Clear RAG statuses with traffic light controls and actions

  • Capture, evaluate and manage risks in one place and a single flexible framework

  • Risk categorisation

  • Risk reporting and monitoring to visualise risks

  • Assign risk ownership, review dates and actions

  • Track and highlight changes and progress

A rich, diverse customer base

Parkhead housing
Royal mail pension plan
Silva

How Risk Management will benefit your organisation?

You’re in control
Clear visibility over your managed risks, all in one place and with a single flexible framework, so you’re prepared for every eventuality.
Built on a Governance platform
Align your corporate risks to your objectives and board meetings for more holistic governance and for greater insight for senior stakeholders.
Embed a risk management culture
Easy-to-use functionality and intuitive guidance enhances adoption and engagement, supporting you in the rollout throughout your organisation.

Why work with OneAdvanced?

Our team has developed this sector-leading software from the ground up.
More than a product, we're about building lasting relationships based on trust.
Our team is composed of dedicated professionals, committed to delivering top-quality results.

Features and benefits

Consolidated and configurable risk registers

Risk Management consolidates all of your risk data into one comprehensive, easy-to-manage platform. Capture, assess, and control risks and opportunities of any nature with ease and efficiency. The flexible framework allows you to manage strategic, operational, and program risks in one or multiple registers.

Benefits of this feature
  • One single centralised risk platform, no more disparate systems
  • Flexible frameworks to manage all risks types in one or multiple registers
  • Adapt to the risk needs of your organisation
  • Gain control over all risk areas including strategic, operational and programme risks

Single flexible frameworks

Efficiently capture, evaluate, and manage risks within a unified framework. Whether it's strategic, operational, or program related risks, our unified system allows for seamless management. You can easily organise and handle these risks across one or multiple registers, ensuring all potential issues are comprehensively covered. Experience the ease of risk management like never before.

Benefits of this feature
  • Multiple or single registers but within one central framework
  • Identify, capture, evaluate and manage risks
  • Efficient management over all risk areas with ease

User-friendly guidance

Bolster the likelihood of improved business success with a user-friendly interface and uncomplicated design. Utilise prompts to assist users with qualitative and quantitative risk scoring and simplified step-by-step risk building, and built-in guidance like risk frameworks and policies, all incorporated into the user journey. 

Benefits of this feature
  • Increase user adoption and engagement supporting roll out across the organisation
  • Guided use helps non-risk management professionals embrace a culture of risk management
  • Improve the learning and understanding of risks and controls across the organisation
  • Eliminate the single point of failure of risk management

Insightful reporting

Keeping a pulse on your organisation's threats in real-time is crucial for maintaining a secure environment. Risk Management provides instant, comprehensive reports that are ready to be shared with your team or key stakeholders at a moment's notice. The status of controls and actions are represented like a traffic light, making it easier for stakeholders to understand and make informed decisions.

Benefits of this feature
  • Get instant access to reporting and eliminate the guesswork in decision-making
  • Essential in assisting in the understanding of your risk landscape
  • Generate reports with the status of controls and actions that utilise a clear a traffic light system

Risk Categorisation

Curate groups and categories that mirror your Risk Framework. This is especially valuable as it ensures your risk management strategy is consistent with your unique business language and specific approach. We've designed a solution that can be configured to make your risk management not only more effective, but also more intuitive and tailored to the needs of your organisation.

Benefits of this feature
  • Create categories and groups aligned to your organisation and approach
  • Configure the risks to the format that you need
  • Make risk management more intuitive and effective

Objectives driven

Tailor your approach to risk management to align with your organisation's objectives and risk tolerance. Risk Management focuses on a 'golden thread' approach, linking risks, implications, controls, and actions to ensure comprehensive risk mitigation. 

Benefits of this feature
  • Stay one step ahead with visual reports
  • Get a clear picture of inherent, residual and target ‘scores’
  • Provide valuable insight in the risks inherently linked to your organisations objectives

Risk ownership and actions

Risk Management provides the capability to effortlessly manage ownership, status, and timelines for reviews, controls, and actions. Ensure accountability and efficient communication with the assigned custodians of control reviews, especially the overdue tasks. Stay accountable with our systematic tracking of crucial actions and their respective deadlines.

Benefits of this feature
  • Assign owners to increase accountability and improve outcomes
  • Email alerts gently remind owners to complete actions punctually
  • Relieve administrators of the hassle of follow-ups

Change tracking

Reporting and tracking of the changes to the help you manage your tasks. Visual cues such as colour differentiations and strikethroughs are used to highlight modifications, enabling you to identify updates effortlessly, allowing you to focus on what truly matters. 

Benefits of this feature
  • Stay in the loop with tracking of changes
  • Easily monitor changes to the risks and measure progress over time
  • Report the changes made in the system, help to maintain good governance

Let us help you choose

Have a question?

Speak to our Risk Management consultants for personalised advice and recommendations.

CALL US ON:

0330 191 3730

OR WE CAN CALL YOU:

LIVE CHAT WITH US

Ask us your questions and get tailored content to help you.

Pricing plans

We have plans available for organisations of all sizes. Find out which one is right for you

Starter

To kickstart improving the management of risks across your organisation.

From

£9,456

Billed annually

£788

Per month
billed annually

Unlimited users and...

  • An introductory package to overhaul your organisational risk management
  • 1 risk register
Book a demo
MOST POPULAR

Standard

Elevate your organisational governance with our full platform

From

£17,544

Billed annually

£1,462

Per month
billed annually

Unlimited users and...

  • Full governance platform
  • Risk Management - 3 risk registers
  • Meetings Management - Up to 100 meetings
  • Objectives module - 1 plan
Book a demo

Plus

Take your organisational governance to the next level

From

£29,904

Billed annually

£2,492

Per month
billed annually

Unlimited users and... 

  • Full governance platform
  • Risk Management - 10 risk registers
  • Meetings Management - Up to 200 meetings
  • Objectives module - 2 plans
Book a demo
Looking for our Pro Unlimited package? Speak to us

Risk Management Resources

Tender_Management
Harness control, maximise opportunity - Factsheet

Elevate your organisational resilience by controlling and preparing for uncertainties with our comprehensive risk management software.

People in meeting room around table looking at board, taking part in training and development using our HR and Payroll Outsourcing solution
Royal Mail Pensions - Case Study

How Royal Mail Pensions consolidated many complex moving parts with

Female employee working at desk on laptop
Flexible risk management: balancing risk and opportunity - Blog

Effective risk management is crucial in governance, but too often, the focus is on minimising risk at all costs.

FAQs

  • How long before I see measurable results from Risk Management?

    Customers should see measurable results from day one, and can quickly say goodbye to:

    -    Insecure distribution
    -    Complex spreadsheets
    -    Confusing email threads
    -    Inefficient reporting
    -    Siloed information
    -    Lack of oversight

  • Can Risk Management be configured to suit our business requirements?

    Our solution is used by organisations across many sectors and of varying sizes. The software is designed to be flexible and easy to configurable, making it fast and simple to embed existing risk management frameworks.

  • Can I manage multiple risk registers?

    We can configure the software to manage multiple risk registers, each with customised permissions and structure. Maintain strategic, operational, project registers with seamless integration and connectivity to risks, controls and actions.

  • Can Risk Management guide non-risk professionals through the risk process?

    Yes, there are intuitive features to help educate users. A stepped workflow guides you through the risk assessment process. Risk scoring, controls and actions are customised to your process and supporting documentation can be attached at key steps.

  • What levels of assurance are there?

    We’ve designed Risk Management in line with best-practice risk management practices. Based on ISO31000 with a strong focus on the strength of controls, the system incorporates the ‘Three Lines of Defence’ model, RAG status on assurance and automated alerts on exceptions.

  • What reporting functions are available in Risk Management?

    The visual reports include an overview of all risks or filtered groups of risks, and allow you to drill down for more information. This in-app reporting means you can segment risks by score, ownership, organisation structure, risk type or any other risk metadata. View standard summary and detailed reports online or download them as PDF or csv files.

  • Can we import our existing risk data?

    Yes, choose from our standard templates for data import or use the experience and expertise of our delivery team to migrate your data from previous systems.

  • Can I restrict team members to a particular device to access Risk Management?

    Yes, Risk Management can restrict users to a particular device if this is preferred by your organisation. However, the solution can be used on any device.

  • Where is my data for Risk Management stored?

    Our systems are hosted with Amazon AWS servers in the UK for British customers and Amazon AWS in Dublin for EU customers.

  • How secure is Risk Management and OneAdvanced’s Governance platform?

    OneAdvanced’s Governance platform, which forms the foundations of Risk Management has 3 layers of security:

    • Server Level - the data server is hosted in a secure enviroment. Both physical and logical security measures protext the server from unauthorised access.
    • Device (client) Level - all clients communicate with the server over an encrypted (SSL / HTTPS) channel so that no one can read the data in transit.
    • Document Level - The agenda information and associated documents are stored in a secure encrypted database.
  • What is OneAdvanced’s Governance platform?

    The Governance platform from OneAdvanced forms the foundations for our Governance & Risk Management solutions. No more separate board portals, risk registers and objectives software. OneAdvanced’s Governance platforms allows CEOs, Directors, Managers and Leaders across any organisation to manage everything in one place. The platform includes Meetings & Board Management as well as Risk Management, and when deployed together, an Objectives module.

  • Can I use the Objectives module with Risk Management?

    Yes, when deploying both Risk Management and Meetings & Board Management, the Objectives module is included on the platform. The Objectives module is modelled on the ‘Golden Thread’ of performance management framework to outline and prioritise your goals and objectives, these can then be linked to from your meetings, ensuring your discussions and decisions are inherently linked to your corporate objectives.

  • Do I have to purchase the entire Governance platform, or can I mix and match the tools?

    To unlock the best value from the Governance platform, we advise that customers deploy the entire solution of Meetings & Board Management, Risk Management and the Objectives module. However, there is also the option of purchasing either solution singularly and expanding to include the other solution in time. 

Got a question? Need more info? Just ask

Have a question?

Speak to our Risk Management consultants for personalised advice and recommendations.

CALL US ON:

0330 191 3730

OR WE CAN CALL YOU:

LIVE CHAT WITH US

Ask us your questions and get tailored content to help you.