Risk and control management
SILA Union: RISK AND CONTROL MANAGEMENT
Risk identification - identification and systematization of risks, description, assessment and planning in a single system. Risk Modeling and Communication with Business Processes
Development of control procedures - modeling of actions and activities aimed at reducing the likelihood of risk and minimizing possible losses
Key Tasks of Risk Assessment
More realistic production planning and project execution
Timely and effective implementation of the necessary measures
Confidence in achieving production goals and project objectives
Understanding and using all favorable opportunities
Effective loss management
Efficient management of project and operating costs
Flexibility as a result of understanding all options and their risks
Effective management of the development of innovative work and production
Reduction of the impact of unforeseen and adverse situations
Benefits of Risk Modeling with SILA Union
-
Risk identification
Clear identification of risks and "binding" them to operational activities - to processes
-
Risk reports
Specialized reporting and the ability to monitor the dynamics and trends of risks for various users
-
Audit Automation
Setting up an automated process of internal audit / process control and its implementation in the current activities of the company
-
Separation of duties
Separation of roles and duties among employees, automatic generation of job descriptions, checklists and reports
-
Risk measurement
Ability to assess and rank risks for preparation and decision making
-
Change history
Saving a history of all changes in the system regarding a specific risk
-
Job Routing
Flexible work routing - from developing a control test to approving test results and generating reports from the system
-
Audit control
Monitoring the timing and status of internal audit / process testing, notification of internal audit participants
SILA Union is your reliable digital transformation assistant
