Take a risk-based approach
At LogicManager, we believe success is a result of effective risk management. Taking a risk-based approach to your audit program allows your organization to prioritize time and resources appropriately, determine functional areas that pose the greatest threats and identify the most critical controls.
Gain a holistic perspective
With LogicManager’s out of the box risk library, you’ll perform audits with a holistic view of your organization’s business functions, departments and risk topics. The risk library is intertwined with our ERM functionality, making it easy for you to compare your results with other risk assessments.
Demonstrate your work
By performing your own risk assessments or auditing existing risk assessments from other solution areas, you’ll provide value to your organization by demonstrating improvements. Easily show how a risk was previously assessed, how an audit has confirmed or updated that assessment and how you’re taking the proper steps to ensure its compliance and preparedness to the board, external auditors and stakeholders.
Detect key trends
Performing recurring audits within LogicManager’s Audit Risk Assessment solution enables you to track ongoing trends, improvements or shortcomings for different departments and business areas. Documenting your organization’s continued progress and plans for improvement allows you to understand how your efforts are impacting performance over time.
Engage risk owners
Because LogicManager is a comprehensive GRC platform, it’s designed to break down silos within your organization so that your efforts are as effective as possible. Performing audits within LogicManager allows you to engage with key risk owners and communicate crucial information that ultimately powers your entire risk program.