BIA and BCP Management
Protect Your Reputation with BIA & BCP Software
LogicManager’s Business Impact Analysis (BIA) and Business Continuity Planning (BCP) software empowers organizations to prepare for potential disruptions; solidifying trust with external parties such as vendors, clients, or potential shareholders. If disaster-related interruptions cause your operations to go down, the reputation of your organization may be irreversibly damaged. Our taxonomy-driven platform keeps track of critical internal operations as well as downstream dependencies in the case of an event. With our risk-based approach, you can address those risks in order of criticality to your organization.
- Conduct a BIA on your processes helps you determine the most critical areas of your organization.
- Develop, approve, and manage your Business Continuity and Disaster Recovery Plans on an ongoing basis.
- Ensure the BCP you have in place is operational and effective with automated testing.
- Leveraging risk-based BCP software to bridge siloes to uncover exactly which business areas are impacted by potential outages. This helps you identify areas of improvement and close gaps proactively.
- Prove BCP compliance to auditors and BCP effectiveness to senior management with highly configurable reports and compliance checklists.
Why Logicmanager? – Users of LogicManager’s BIA & BCP Management software explain how they have benefited from our platform and expert advisory service.
Customer Success StoriesExplore How Companies Overcame Challenges With Our BIA & BCP Solution
IMPACT 2023 Why Business Continuity Planning is Crucial and How to Make it Sustainable
Discover how LogicManager’s software empowered Ascensus to create a sustainable Business Continuity Planning program, as recounted by Brianna McKenzie in her IMPACT 2023 presentation, showcasing real-world challenges and strategies for effective implementation.
What Our Customers Are Saying...
The LogicManager DifferenceA Holistic Approach to Enterprise Risk Assessments
Business Decision InsightsFocus on What’s Important
Through our ERM software, we enable our customers to allocate more time to strategic risk management, reducing their involvement in tedious administrative activities like data cleansing and manipulation. Our solution enhances operational efficiency while uncovering the “unknown knowns” that risk managers may overlook, thus ensuring proactive identification and mitigation of risks.
Customer ExperienceStreamline Your Risk Management Program
Unlike other software that requires IT professional customization, our solution allows customers to control engagement through an end-user configuration. This approach enables faster time-to-value and allows organizations to evolve their programs over time, not to mention a quicker return on investment.
Risk-Based ApproachPrepare for Tomorrow’s Surprises Today
A risk-based approach is the key to effective governance, risk, and compliance. By adopting this methodology, organizations can prioritize their efforts across different departments, recognize potential hurdles and crucial interdependencies, and allocate resources appropriately. Embracing a risk-based mindset allows organizations to strategically allocate their resources to areas that hold the most value in terms of privacy protection and compliance.
CapabilitiesAn All-In-One Enterprise Risk Assessment Platform
Frequently Asked QuestionsFoundations of BIA & BCP Management
Business Continuity Management software makes it easier to construct and monitor the effectiveness of your business continuity plan. It streamlines and centralizes processes, helping to contextualize action items and delegate responsibilities quickly. It also helps you align strategic goals with operational objectives. Additionally, planning, crafting and managing your BCP through software helps you build an audit trail for your organization should a business continuity event occur to prove you were not negligent.
Whether or not Business Continuity Management software is right for you depends greatly on your business needs and the features and services the software company can provide you with. Do you need a system that only stores data? If so, you may be able to manage with a database management system. Do you need software that allows you to perform complex functions, like incident/event management, risk assessments or testing? You may need robust business continuity software. Make sure that when you’re evaluating platforms they are a good long-term fit for your organization, meaning they offer customer support and training, provide offerings within your budget, can integrate with your existing systems, handle data according to best practices and offer a pleasant user experience.
At its core, the primary goal of our business continuity planning software is to help you align strategic goals with operational objectives. By giving you an enterprise-wide view of your risk at all times, LogicManager not only drastically reduces the time and money you spend on BC/DR, but it also helps you prove your invaluable impact on your company’s success.
Business Continuity plans typically include to-do lists, automated tasks, alerts and reminders, testing tools, incident and BIA templates, reports, checklists and more.
A business impact analysis (BIA) is a systematic process that consists of identifying and evaluating the possible vulnerabilities of risks that might occur within your organization. A BIA should be updated at least every two years so that it serves as a strong foundation for planning and strategizing ways to mitigate the ever-changing risks posed to your organization.
So why is having a BIA so important? For one, not all risks should be treated the same. Within the various processes and functions of your organization there are various levels of criticality for ensuring business operations. The results of a BIA help you determine which of those parts should be prioritized during an emergency event in order to maintain operations.
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Speak with one of our risk specialists today and discover how you can empower your organization to uphold their reputation, anticipate what’s ahead, and improve business performance through strong governance.
