FOR IMMEDIATE RELEASE
(Burscough, UK)— RiskMate recently announced the launch of their risk management platform. The new cloud-based solution aims to help companies in their quest to manage, mitigate, and monitor organisational risks to ensure their companies run smoothly and losses are kept to a minimum. Those who would like to get a glimpse of the new software and its features can do so at
“In every company, risk management plays a key role in helping owners, their boards, and their leadership teams understand the risks they face, know the chances of a worst case scenario taking place, calculate the potential impact of a disaster on the organisation, and create a plan to control risk factors. While it’s not possible to keep every accident from occurring or eliminate every single risk, it’s vital for today’s businesses to know what steps they need to take to minimise the damage should a negative situation ever arise. Fortunately, this is exactly what our software helps them accomplish,” said Ben Snape of RiskMate.
At organisations have access to a feature-rich platform that gives them everything they need for proper risk management. Their cloud software’s risk tracking feature underpins board assurance by enabling the profiling of business risk against established risk definitions and appetite with categorisation, tracking, and reporting on actions to close control gaps. The software’s incident reporting capabilities allow for logging, tracking, and reporting on incidents from initial occurrence to the steps the organisation is taking to resolve the problem.
Snape went on to say, “We know that there’s inherent risk in every business model, but we also believe that following risk management best practices can help keep organisations out of trouble and instill a sense of assurance in their governance. To that end, we are proud to offer RiskMate as a solution that can help leaders remain confident as they move toward the future.”
Those would like to learn more about RiskMate or take advantage of their free trial offer can visit for more information.
RiskMate allows organisations to manage their project risks and track risks associated with different departments to enable comprehensive risk reporting to board level. The software is designed to reflect traditional three lines of defense theory by identifying what threatens the achievement of corporate objectives using Board-approved definitions of risk impact and likelihood in order to identify policies and procedures that manage, mitigate and monitor inherent risks as well as assurance sources available to the Board and Executive Team. As a result, companies and organisations can improve governance and concentrate on the business critical areas that matter most.