Are your risk management projects taking up too much of your time?
KCM’s Risk Management module is designed to simplify the processes of identifying, assessing, monitoring, and mitigating the various risks faced by your organization. With KCM, you can simplify and streamline your risk initiatives resulting in better visibility and increased efficiency. Ultimately, this leads to a more resilient organization.
Simplified Risk Management Workflow
KCM simplifies the risk management process. With an intuitive interface (and wizards, if you need them), getting insight into your organization's risk is easy. Our risk management workflow is simple: identify the risk, respond to the risk and monitor the risk. The KCM risk workflow is based on the well-recognized NIST 800‑30.
Easy Risk Identification
With the risk wizard, adding risks becomes easy. Already working with spreadsheets? Import them into the risk register or manually create unique organizational risks. The risk module integrates with the compliance module by allowing compliance or audit gaps to be escalated to the risk register. From KCM’s Master Risk List pane, you can search by keywords to display and select risks from the Master Risk Repository. Easily collaborate with team members to identify and manage your organizational risk.
Timely Risk Response
KCM allows you to manage risk by conducting risk assessments and establishing and implementing mitigation efforts. You can link existing controls from the repositories you’ve created to leverage ongoing risk reduction initiatives. When you tie your implementation of controls and treatment scores, you can easily determine your inherent and residual risk. Always ensure your appropriate personnel are engaged and informed with task assignments and reminders.
The KCM GRC platform is offered at different subscription levels to meet the needs of all organizations and is available with the following modules.