For governance, risk and insurance management
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The management responsibility is to manage the entire organization - how the different systems, processes, projects, roles interact in order to deliver the final product or service. And at last - deliver the expected financial result. However, the reports from the organization often come in different shapes and forms making it difficult to see how it all interacts.
The iFACTS software streamlines all corporate data into one single point of entry. Here you will see your organization and how it is all connected. Identifying weak spots, challenging strategies, high lightning major risks or opportunities.
Use the ONTRACK dashboard to get an overview of any organizational part, instantly implement new organizational policies/guidelines, provide internal audit with a tool to increase corporate efficiency rather than looking for scattered data.
Or create your own KPI list, a few suggestions:
If your organization is not working in a systematic approach today - it is most likely that some of the following applies:
Implementing the iFACTS concept and Software will most likely meet organizational resistance. It is essential that Management supports the different roles and functions that implement it such as CRO, CIO, Internal audit, Quality manager or the HSE manager.
And concerning the organizational resistance - maybe they do not see the benefit of a holistic view controlling the entire organization and how it is all connected. Maybe they need some Management explanation to understand? |
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