August 10, 2021 (Newswire.com) –
Quantivate, a frontrunner in governance, threat and compliance (GRC) software program, right now introduced the launch of its latest SaaS utility, Challenge Administration. Challenge Administration provides monetary establishments a transparent path for figuring out, prioritizing, mitigating and in the end resolving points, all whereas permitting for dynamic reporting all through the method.
“Challenge Administration places a feature-rich set of instruments at a crew’s fingertips, enabling them to higher perceive points throughout the group. It additionally equips groups to remediate rapid and future dangers, whereas saving monetary establishments money and time,” mentioned CEO and Founder Andy Vanderhoff.
Challenge Administration achieves 4 foremost optimistic enterprise outcomes that permit banks and credit score unions to function extra effectively:
- Improve visibility: The software program creates a single supply of fact for subject administration and govt oversight.
- Break down knowledge silos: Groups are capable of handle points enterprise-wide utilizing standardized processes and shared knowledge.
- Preserve an audit path: Organizations are capable of doc subject administration and mitigation processes in a single system of file.
- Acquire group insights: Studying the foundation causes of points, in addition to which pose essentially the most threat, permits groups to help strategic administration choices. They’re additionally capable of leverage threat knowledge from eight different Quantivate functions to get an entire view of their group’s interconnected dangers.
Quantivate Challenge Administration offers end-to-end performance with instruments and assets for every stage of the difficulty administration lifecycle. Function highlights embrace:
- Devoted subject administration processes
- Centralized digital dashboard
- Constructed-in templates and content material
- Danger evaluation
- Root trigger evaluation
- Challenge remedy: settle for threat or create a mitigation plan
- Challenge evaluation and monitoring
- In depth customizable reporting
- Automated notifications
Quantivate’s platform permits monetary establishments to decide on in the event that they wish to begin small by adopting departmentally aligned options then scale as their enterprise grows. Challenge Administration is bought inside Quantivate’s ERM, Audit and Procurement answer package deal and integrates with your entire GRC suite.
Quantivate has offered web-based governance, threat and compliance software program and repair options to organizations of all sizes since 2005. Since then, the corporate has grown to characteristic a full suite of GRC modules, together with Enterprise Continuity, Vendor Administration, Enterprise Danger Administration, IT Danger Administration, Inner Audit, Regulatory Compliance, Coverage & Doc Administration, Criticism Administration and Challenge Administration. Our GRC options have helped hundreds of firms rework the best way they handle threat, enhance compliance and strengthen governance. For extra data, go to https://www.quantivate.com.
Contact: Robin Conner, Vice President of Advertising