Developing your risk management processes can be made much simpler by using business risk assessment tools such as BPS Resolver Ballot.  Those of you who have tried to facilitate workshops manually using post its or a show of hands will know that building consensus can be very difficult.  Recording all of the assessments is demanding and time consuming and he or she who speaks loudest or is most senior can skew the risk assessment. 

Some of the advantages of using business risk assessment software/BPS Resolver Ballot include:

• Real time feedback is provided;
• All votes/assessments are automatically recorded;
• Impact and Likelihood scores can be plotted to provide a Risk or Heat Map in real time;
• The average risk assessment can be seen together with outliers.  These can be used by the facilitate to open up anomalies for discussion and build consensus;
• Workshops take a fraction of the time of a manual workshop;
• Multiple choice functinality can be sued to drill down on key issues;

We are not only resellers of BPS Resolver Ballot.  We have used Resolver Ballot in over 1,000 workshops and we use this experience to assist new users to seamlessly integrate this tool into their assurance processes.

For more detailed information on the detailed functionality of BPS Resolver Ballot please see the link below.

Organisations with diverse locations.

If your organisation operate in multiple and diverse locations, face to face workshops may not be cost effective.  We have a web based business risk assessment tool called BPS Resolver Survey which allows participants to participate in workshops using a conferencing like facility.

If you wish to learn more about BPS  Resolver Survey and our range of business risk assessment and reporting tools please follow the link below.

Using a risk management repository for your ERM process

Are all of your risk registers on spreadsheets? For small numbers of risk registers spreadsheets are manageable. However, when the volume increases spreadsheets become increasingly difficult and time consuming to manage. 

Our product BPS Resolver ERM is a risk database which can be used as a repository for all of your organisation’s risk registers which allows business risk owners to maintain them and therefore facilitates real time reporting on risk using customised dash boards.  Other features include:

• Task and Risk Ownership that is easy to assign and track
• Automatic notifications to escalate risks or inaction to key decision makers
• Executive dashboards which highlight risk profiles across all business units or divisions
• Integration with compliance and audit functions to provide integrated assurance across your organisation.

If you are interested in BPS Resolver ERM please follow the link below.

Alternatively, if you wish to discuss your ERM needs and organise a demonstration please let us know using our contacts page.

For all of your governance needs BPS Resolver has created the GRC Cloud solution which acts as a respository for all of your Governance processes and incudes CoBit, COSO, PCI and NERC.  It is also highly dynamic and can meet all of your Governance and Compliance needs.

BPS Resolver has also developed proven tools for managing PCI and IFRS Compliance.  If you are interested in these or other BPS Resolver products please follow the links below. 

We look forward to hearing from you.