SMART Monitoring and Reporting
LogicERM combines robust testing, incident management, issues, and business metrics collection with extensive reporting capabilities. Get an at–a–glance, personalized view of your business, all in real time. Everyone from executives to managers to individual analysts are never more than a few clicks away from the insight they need to make smart business decisions and accurately estimate future consequences. Reporting with confidence has never been easier.
SMART Monitoring
Risk management is uniquely able to achieve an elusive goal: SMART Metrics that apply from front line activity to the board room.
- S: – specific activities within business processes
- M: – roll–up of measures to an enterprise level
- A: – act on forward looking risk, compliance and performance drivers to prioritize and align resources
- R: – relevant activities directly linked to Strategic Imperatives
- T: – timeliness or frequency of measures based on the volatility of risk
With LogicERM SMART Monitoring, your organization’s efficiency and consistency both get a big boost. Now you can get greater control over routine activities, eliminate redundant tasks, automate sign–offs, and experience widespread adherence to your business processes. LogicERM helps everyone track the daily activity they need to do to get their jobs done with built-in ad hoc reporting customizable by field, function, role, process, date and purpose.
- Testing – verify effectiveness and efficiency.
- Metrics – measure what matters.
- Incident Management – respond to real-time events.
- Issues – determine a frequency that matches the volatility of the activity.