Using the system eliminates the problem related to reporting compared to, for example using Excel, because since the items are registered in the system, various compilation reports are generated automatically. We implement for our customers complete dashboards and, in addition, they have access to extensive search capabilities which cover the entire platform. Efficient and easy-to-compile reporting enhances productivity.

The technical implementation of the solution is based on the Atlassian JIRA system. Many companies already use JIRA, which means that the threshold to adopt the instructions for use and to deploy the system is very low. The risk, incident and audit management can be done either in a transparent or a more protected way, depending on the access rights defined in JIRA. Access right and privilege management is linked to the company’s user directory, possibly to existing roles.

• To sum it up:
• We remove the need for separate applications
• We link items that are logically related but have traditionally been treated separately
• We remove the need for separate documentation
• We improve reporting
• We increase transparency and efficiency

Customer needs and challenges to be solved

A challenge for risk management and risk registers is how to implement them efficiently within the organization. Often risk management is a task that the management or a risk management unit run once or twice a year. Risk management is effective only when it is put into practice at the grassroots level in the organization. At the grassroots level, “micro risks” can be fed into the system, and then the information is aggregated to a higher level of abstraction, eventually reaching the highest ERM level.