What is Risk Management?

The Risk Management module serves you to populate all risks exposed to your organization (or specific areas) in a structured way. It enables risk assessment approach(es) customized to your organization.

In this way, you can support a top-down approach.

If your organization is divided into multiple entities/subsidiaries/regions etc., you can manage and assess their risks separately. A bottom-up approach is also supported in Impero.

★ You can reach a higher degree of risk management standardization and quality through:

  • Improved clarity of risk structure
  • Higher completeness of risk registration
  • Establishing standards for risk registration and assessment across entities
  • Supporting entity-specific risk management and improving decision accuracy

Learn more in Set up Risk Management.