Energy and Utilities
Organizations face strategic issues of energy alternatives and distribution as well as hedge financial risk, meeting Standard & Poor’s expectations, reducing accidents and injuries, losses to plant and equipment, spillages and other losses of product and materials while managing regulatory compliance.
LogicERM manages NERC, FERC and other compliance mandates with built-in standards libraries as well as documents and tests controls, but it takes it the logical next step forward to prioritize that work for you and reuse existing entity-wide controls, SOX and business continuity information to achieve this compliance work. We all know the 80/20 rule. In this case, 80 percent of your return, comes from 20 percent of your effort. But the key is knowing which 20 percent matters! Finding that 20 percent and helping you effectively address it is what LogicERM is all about.
LogicERM provides a customizable framework for exploration, production, transport and utility companies to manage their enterprise risk management process to facilitate inspections, risk analysis, business operations, audits and resolution of findings. LogicERM brings together risk management, compliance, business continuity, continuous performance improvement as well as related communication, analysis and reporting under a common platform.
Register to learn how an ERM infrastructure applies to your specific industry.