LogicERM: Business Solutions. Not Silos.
A recent survey of 564 companies showed that 96% of organizations with ERM programs lack the infrastructure needed to achieve adequate levels of risk management competency.
Typically organizations without a robust risk management infrastructure operate in functional silos. Managers have difficulty engaging front-line risk owners, and find that risk information is hard to discover, collect and maintain. Further, managers are unsure that their organization has the right risks covered adequately. This study reveals the need for a holistic view of risk, not separate ad hoc activities.
LogicERM provides the cross-functional infrastructure your company needs to achieve full risk management competency.
LogicERM is a true Enterprise Risk Management solution that’s intuitive enough to effectively manage risks across all business silos and provide the insights needed to prioritize resources to minimize risk and maximize opportunities.
Achieve these goals with LogicERM:
- Improve decision making by leveraging expertise across operational areas
- Engage process owners by using their time and resources effectively
- Standardize identification and assessment to compare risks on an “apples-to-apples” basis
- Streamline the risk management process to eliminate duplication by 30-60 percent
- Set the right priorities to better allocate resources