In a business context, risk assessment involves analyzing factors that potentially interfere with the goals of an organization. For many companies, however, this procedure is handled in a haphazard, suboptimal fashion. Now they have an important ally in the TotalCompliance™ Risk, Audits, and Assessment Manager, which gives businesses a handy, flexible analytic tool for carrying out risk assessments.

• New from ComplianceBridge, the TotalCompliance™ Risk, Audits, and Assessment Manager allows business to identify, analyze, and manage risks present in an organization. It’s simple and easy to use—yet powerful.

• This web-hosted solution can be accessed from virtually any Internet-connected device.

With this solution, risk assessment involves five simple steps:

1. Create – Assemble an assessment, survey, questionnaire, or other question set.

2. Select – Choose who will receive the materials.

3. Send – Transmit the materials electronically.

4. Collate – Gather results in real time.

5. Display – View results on dashboard or in reports.

• The TotalCompliance™ Risk, Audits, and Assessment Manager provides a centralized, easily accessible repository of risk management data.

• Assessments are fully customizable, making it a simple matter to adjust them to conform to company requirements.

• Specific questions and sections of the assessment form can be delegated to particular individuals.

• Offers convenient scalability. Organizations of all sizes can use its features with ease.

• Provides access to a bird’s-eye view of the organization’s various risk vectors, on an individual, departmental, location, or company-wide level.

• Gathers data that can be presented in various formats, according to the preferences of the user.

• Streamlines the risk assessment process, thereby reducing costs.

• Risk assessments and audits may be sent to specific individuals or the entire organization. It’s also possible to carry out external assessments—that is, those involving outside organizations.

• Results are collated and shown in real time, giving the user up-to-date information about the progress of the assessment. “Outliers” can be easily identified.

• Drill-down reporting tools provide deep insight into assessment data.

• The TotalCompliance™ Risk, Audits, and Assessment Manager also enables the user to create a variety of surveys, including:

1. Employee satisfaction surveys

2. Patient satisfaction surveys

3. Customer satisfaction surveys

• Surveys may be customized to include various features, including optional built-in attestations.

• Additionally, this solution allows the user to manage conflict of interest (COI) disclosures.

• The user can make use of convenient templates or provide their own customized questions.

• Real-time monitoring gives the user immediate access to COI-related data.

The ComplianceBridge Corporation manufactures a variety of web-based solutions that enable

businesses to manage their compliance and IT responsibilities. Founded in 2006, the company is

headquartered in Silicon Valley, CA.