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ERM

ERM/Balanced Scorecard

It takes a team to make ERM part of your organizational fabric  but without a single platform to gather and store KPI data, the process can be time consuming and cumbersome.  People need one place to access, edit, and store company data – not a plethora of Excel workbooks. Organizations need look no further for dynamic solutions that can deliver in a demanding environment.

In several solutions we offer, users may pull both financial and non-financial data from the many systems across the organization into a single data repository and make that data available to anyone.  By creating custom input templates and calculators with flexible security, audit trail, and structured workflows, data may be gathered from all levels of the organization, transformed, and displayed in any number of interactive reports and dashboards.

Using our solutions’ highly flexible design capability, any ERM framework may be implemented quickly in an understandable, easy-to-use manner that fits the needs of the organization. For organizations that need to be able to make changes on an ongoing basis, they can easily drag and drop building tools make this possible without the help of a programmer.

Once all KPIs have been calculated, full reporting kits makes light of preparing for the next board meeting.  High level reports may be used as scorecards for the organization while Office Add-In allows users to prepare documentation at speed using two-way data refresh.  For internal users, interactive dashboards with Drill-Down or personalized, self-service dashboards allow for rapid analysis and collaboration.

Key Advantages:

  • Build custom, easy-to-use templates for gathering and scoring KPI data from across the organization and store them in one consistent data library that all will have confidence in.
  • Manage the scoring cycle for fast turn-around with custom workflows including submission/approval, email alerts, cell locking, and versioning.
  • Build informative reports that indicate KPI trends, at-risk metrics, and key details that can be broadcasted throughout the organization automatically via email.
  • Upload important documents relevant to individual KPIs, departments, or regions to ensure that all scores have detailed explanations that can by accessed by anyone.
  • Easily make changes to your framework as better methods for analysis are practiced and learned.
  • Become pro-active in performing Enterprise Risk Management at your organization and eliminate slow Excel processes.