METRICS
Software that measures and monitors key indicators to track how well your organisation is dealing with risk
How well are you dealing with risk?
Keeping risk levels in check requires a multitude of performance metrics from different areas of the business. Manually pulling data together from a variety of sources, however, is extremely time consuming and prone to errors.
Yet without a single point of reference with timely, reliable data, it’s all but impossible to have a clear picture of what areas are contributing to the success – or detriment – of the organisation.
Hard Data to Make Decisions
Riskonnect’s Metrics software measures and monitors key performance indicators, key risk indicators, and other important metrics to track how well your organisation is dealing with risk.
Currently available only in the UK, the software establishes a threshold or success indicator for each metric. And it alerts stakeholders when a metric exceeds that threshold.
Riskonnect’s Metrics Software
TRACKS PERFORMANCE AGAINST THRESHOLDS
- Sets multiple thresholds – e.g., low, medium, or high — to show if performance meets acceptable levels.
- Tracks metrics over time for a consistent view, even as thresholds are updated.
- Accommodates a variety of threshold time periods, including daily, weekly, monthly, quarterly, and more.
ALLOWS FOR AUTOMATED AND MANUAL DATA COLLECTION
- Integrates with other areas of the system to populate a metric with existing data.
- Simplifies creation of metrics and thresholds via an internal wizard.
- Sends reminders for manual data updates.
- Performs automatic updates for data already in the system via reports.
STREAMLINES PERFORMANCE ALERTS AND REPORTING
- Alerts stakeholders when the metric had exceeded its threshold.
- Tracks metric results and shows the history as compared to the thresholds.
- Displays metric results and tracking via dashboards and reporting.
One of the things I love most about Riskonnect is that it’s very customizable. We’re really happy with the collaboration we have with Riskonnect.
How’s Your View?
Find out how
Riskonnect can transform
the way you view risk.
