• Reduce costs of on-going risk management, fines, penalties and disruption
• Protect brand and reputation
• Provide instant dashboard visibility of corporate-wide risk data
• Provide consistent and comparable risk data across your business
• Provide corporate risk officers with tools to quickly gather and report enterprise-wide risk information Improve response time and accuracy of information to stakeholders
• Compare incidents data across sites, business units or your entire business
• Improve the effectiveness and efficiency of corrective and preventative actions
• Provide instant and automatic reporting of key metrics

In recent years, shareholders, pension holders, investors and society at large have suffered enormous loss as a result of numerous and catastrophic corporate failures. As the means of reducing the potential for such loss, improved corporate governance has become an inescapable must for businesses around the globe. Effective governance is only possible through a functional system of internal control, which itself is wholly dependent on a culture of sustained and proactive corporate governance, control & enterprise risk management (ERM).

As one of the most effective means of managing compliance and avoiding the risk of non-compliance, ERM is also increasingly recognized by forward-thinking organizations as the best long-term, sustainable and cost-effective solution to meeting the compliance mandates as required by the Sarbanes-Oxley Act and the ever increasing compliance requirements companies face today.

While enterprise risk management is both the foundation of any functional system of internal control and governance, and the most cost-effective platform for continued and long-term compliance, ERM is also the most efficient, effective and proactive approach to increasing shareholder value. Therefore, an effective long-term solution for compliance, governance and sustained growth in shareholder value is to integrate a formal technology-based system of sustained, repeatable and continuously improving enterprise risk management into the heart of all business processes, practices, control, and governance activities.

SYNAPTECX provides businesses with an easy-to-use, efficient, and flexible means to significantly improve data quality for corporate governance and risk management. We offer an efficient and effective management system for multi-site or multi-national operations. The processes can be easily configured for your specific needs since the five key workflows function independently or as an integrated whole. You pick the workflows that you need. You can expand at any time.

The five key workflows are:

• Audit & Compliance Management
• Incident Management
• Performance Management
• Risk Management
• Knowledge Management

Each of these modules brings specific benefits, features, and tools and provides senior managers and directors with extensive features to address corporate governance and risk management issues in your company.

 

For more information, please contact: business@synaptecx.com