• Overview
• By Standards
  • ISO 14001 Environmental Management
    • Detailed Graph
  • ISO 9001 Quality Management
    • Detailed Graph
  • OHSAS 18001 Occupational Health & Safety
    • Detailed Graph
  • ISO 27001 Information Security
    • Detailed Graph
  • PAS 99 Integrated Management System
    • Detailed Graph
• By Categories
  • Corporate Social Responsibilty
  • Governance, Control & Risk Management
  • Environmental Management
  • Quality Management
  • Health & Safety Management
  • Information Security
  • Supply Chain Compliance

Enterprise Risk Management & Internal Control

Key Benefits of an Enterprise
Risk Management System

• Identify uncertainty (risk and opportunity)
• Reduce costs and burden of on-going risk management, fines, penalties and disruption
• Protect brand and reputation
• Provide instant dashboard visibility of corporate-wide risk performance data
• Ensure consist, repeatable, and comparable risk data collection
• Provide corporate risk officers with tools to quickly gather and report enterprise-wide risk information
• Improve response time and accuracy of information to media reports of incidents
• Report risk information consistently across your business
• Compare incidents data across sites, business units or your entire business
• Improve the effectiveness and efficiency of corrective and preventative actions
• Provide instant and automatic reporting of key metrics

Enterprise Risk Management (ERM) enables an organization to effectively deal with uncertainty and associated risk. The heart of an effective system of governance and internal control is proactive, effective and sustained enterprise-wide risk management.

Beyond the fact that ERM is a core component of internal control and thus fundamental to good governance, ERM is also increasingly recognized by forward-thinking organizations as a long-term, sustainable and cost effective solution to meeting the compliance mandates as required by Sarbanes-Oxley and the ever-increasing compliance requirements that companies face today.

To that end, the best solutions for long-term, cost effective and repeatable risk management involve the use of information technology. A risk management software-based system helps organizations collect and analyze data and offer real cost savings across the enterprise.

The Entropy System addresses the specific need of organizations for effective and efficient risk management. It is composed of five key workflows which work across risk areas for a comprehensive view. The workflows function independently for targeted issues or as an integrated whole providing a full management system suite for a standards-based approach to risk, compliance and performance improvement.

If you would like to learn more about the Entropy System how it can meet your needs for enterprise risk management, or if you would like to get a copy of our White Paper on Enterprise Risk Management, please provide us with your contact details.