Streamlined risk management

A challenge faced by many organizations, is related to audits and how to implement a decent risk mitigation plan and embed controls in day-to-day operations. As typically a lot of different stakeholders are involved, it can become a nightmare to keep all information, decisions and actions aligned.

This use case explains how you can use 9teams to streamline your risk management processes;

1. Identify, document and classify risks
2. Prepare management response and collaborate on the preparation and execution risk mitigation plan with all stakeholders involved
3. Execute and update recurring closing and review procedures
4. Track status and evolution of risks and mitigation actions