“With the industry heading towards an internal controls focus, AssurX offers the ability to successfully meet the new expectations of auditors. The flexibility of this software allows us to leverage it to support VELCO’s growing tracking and compliance needs.”

– Chief Compliance Officer

 

velco Risk Management Software

Risk Management Software

AssurX automated Risk Management software makes it possible to increase visibility into how operations relate to specific risks. The result is the ability to improve responding, prioritizing, decision-making, and reporting throughout the company.

Easily identify, categorize, document, and manage corporate and department level objectives and their associated risks across the enterprise to raise risk awareness and reduce exposure.

By automating the risk management process with AssurX, you can easily set up a controls framework for each identified risk so that control testing can be performed to assess the effectiveness and mitigation activities that can be implemented.

In turn, this reduces risk exposure and ensures regulatory compliance. AssurX risk management software solution facilitates continuous process improvement through controls assessment and mitigation, reducing costs, and enhancing compliance with industry standards.

The AssurX Risk Management solution lets you control risk exposure and efficiently
manage evaluation, investigation, and mitigation of any type of risk.

AssurX Automated Risk Management Software Features

AUTOMATION

Our automated system sends notices and escalation alerts to appropriate personnel when new risk issues arise – before they become unmanageable.

COMPLIANCE

By managing your risks more effectively and efficiently, your organization can better maintain compliance with standards set by the FDA, ISO, GxP, EMEA, NERC, HACCP, and others.

Organization

Identify, assess, categorize and document risks based on your company’s strategic direction.

VISIBILITY

Being able to visualize risks is key to managing them effectively. With our easy-to-use dashboard, you can gain insight into even the most opaque of your operations.

INSIGHT

Identify business opportunities and facilitate board and shareholder reporting. You can also guide capital expenditure decisions and reduce operational surprises.

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