Risk management is one of the most important entrepreneurial tasks. It is essential for the maintenance and smooth running of business operations. Risks can arise, for example,
- from defaulting payments,
- product malfunctions,
- legal frameworks and regulations
- or sudden events such as natural disasters.
Risk management software helps companies identify potential risks from different business areas, assess the potential threat to business operations, and develop measures to address the risks. Risk management software, which is based on the principle of collaboration, allows employees to enter risks at any location in the world and in any department.