Enterprise Risk Management Software

A vendor is sought to provide an enterprise risk management software system capable of supporting over 20,000 users with complex role and permission structures. The solution must be scalable to accommodate growing datasets and relationships, while allowing for straightforward updates and configuration changes in line with evolving compliance requirements and regulations.

The system should offer a variety of template risk assessments, dashboards, and forms that can be tailored to different organizational needs. Dashboards are expected to display risk registers, significant risks, system controls, and any relevant risk events, along with examples for assessment. Automatic compliance improvement recommendations should be generated by the system, and robust administrative controls must be included for managing fields, users, and access.

Furthermore, the platform must integrate risk and control documentation within both risk management and audit modules, supporting the creation and maintenance of audit assignments and working papers. The system should streamline both risk and audit management processes through seamless documentation and assignment features.