Where foresight meets control
Real-time risk insights
Pinpoint and evaluate risks in real time
Improved risk management
Simplify risk management with reduced time and effort
Adaptable and proactive
Anticipate and adapt to compliance changes
Stay in command of operational risk
Don’t let operational risks dictate your business’s future. Stay one step ahead of disruptions with a proactive approach that empowers stakeholders across the organization to do their part to identify and mitigate risks.
- Centralize your risk data and generate insights in the context of your business
- Maintain clean lines of ownership with streamlined risk management tasks and reporting
- Strengthen organizational resilience with proactive, data-driven decisions
Operational risks carry major financial impact
With complex networks of third-party vendors and partners, risks are unavoidable and fallout can be ugly.
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98.3%
of organizations maintain a relationship with a third party that has experienced a breach in the last two years
Source: Cyentia Institute and Security Scorecard
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$600B
estimated losses stemming from operational risk incidents from 2016-2021
Source: ORX, 2022
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2.7%
average decline in total shareholder return during the 120 days following an operational risk event
Source: McKinsey, 2022
Streamlined operational risk processes mean efficiency at every step
Streamlining your risk management processes means less time spent on tedious tasks and more time for strategic decision-making. With NAVEX IRM, automated workflows, centralized data and ready-to-use templates make efficiency your new best friend.
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Reduce manual tasks with automation
Eliminate tedious manual tasks and free up time for high-value work.
- Save time – Dramatically reduce the time your team spends on repetitive, manual admin tasks
- Boost accuracy – Improve consistency in risk reporting for more reliable predictions and results
- Strategy-focused – Reclaimed time can be reinvested into strategic analysis, making better use of your data
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Access all risk data from a single source
Get a real-time picture of operational risks from across your operations.
- Better visibility – Break down data silos for a unified view of risk exposure
- Drives deep insights – Identify patterns and connections that might otherwise remain disconnected or hidden
- Proactive decisions – Improving data visibility overall helps you make more informed decisions for our organization
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Accelerate risk assessments and get faster insights
Use pre-built templates for quick assessments and speedy time-to-value
- Time-efficient – Reduces the time you spend manually trying to standardize risk assessments and reports
- Compliance support – Best-practice templates ensure consistency and compliance
- Faster onboarding – Onboarding teams is easier and more efficient with ready-to-use resources
Check out our top operational risk management resources:
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Webinars
Leveraging Integrated Risk Management for Operational Resilience
Customers want and need to have relationships with companies that deliver their products and services regardless of any disruptive event. Operational Resilience is recognized as the model to maintain …
View on demand
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eBooks
Top Trends for Managing Operational Risk
Whether you're a seasoned procurement professional or just starting out, "Top Trends for Managing Operational Risk" is an essential resource for anyone looking to stay ahead of the curve.
Get the eBook
Stay ahead of the curve with responsible operational risk management
Ensure your team is on the same page with an organization-wide operational risk management solution. Ready to learn how NAVEX IRM keeps your operations running smoothly?