RISK MANAGEMENT SOFTWARE
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Identify and manage all risks within the organization. Risks are evaluated based on a risk matrix whereby each assessment is reviewed and controls are put in place to mitigate that risk. If any new controls are proposed then they may be assigned as actions to individuals for execution.
Risk is continually monitored so that it is reviewed in a timely manner and updated regularly to reflect current environmental/operational factors.
Furthermore, risk assessments are integrated into other modules of Momentum QMS so that the organisation can use a risk based approach in its decision making. Use BowTie analysis to visualise and communicate the potential threats and consequences of a risk eventuating.
IDENTIFY, ASSESS, CONTROL & MONITOR
Import your current risk matrix and risk register and hit the ground running with your risk framework.
Momentum QMS allows you to identify risks from a number of sources such as Product Issues, Customer Complaints, Food Safety/HACCP, Hazards, Incidents etc.
Assess risks based on a risk matrix with any number of dimensions (Severity, Likelihood, Detectability etc). Risk matrices are completely configurable whereby users can also be supplied with guidance information so that they make informed decisions.
Once risks have been quantified, the process to plan and implement controls can begin. Implementation of controls can be delegated to team members and monitored until they are completed successfully.
Alerts and monitors can be created to monitor and re-evaluate risks on a regular basis ensuring that no critical issues fall through the cracks.
MOMENTUM QMS PROFESSIONAL
Modify one of our existing applications or build your very own application from scratch.
Momentum QMS provides the ultimate flexibility with our professional edition.
Automating manual processes has never been easier. Find out more by clicking the button below.