Risk surveys have the option to include open-ended responses, giving employees the opportunity to elaborate on any issues they may be having. As an out-of-the-box webform, risk surveys can be sent externally giving risk managers a comprehensive view of their risks across all of their third party networks as well.
Risk management surveys empower risk managers to integrate the entire business in the risk management process. Engaging the organization’s front-lines enables risk managers to collect essential information needed to implement the proper control and mitigation activities on a business-level.
Lastly, as an excellent source of meaningful data, risk management survey responses provide information that can be mapped into your risk management program to implement a healthy risk culture. As more information is collected, the data output produces more detailed and accurate reports. The increased specificity of the data output in turn allows risk managers to create accurate risk statements.