UXRisk vs. BCMsoft

Streamline all your governance, risk, and compliance (GRC) as well as management system workflows using a unified platform. Our comprehensive risk assessment procedures cover the full evaluation cycle, starting from the planning phase, through risk identification and assessment, to developing a mitigation plan that assigns responsibilities and monitors actions. By implementing UXRisk for your risk management tasks, you will comply with a range of well-established standards such as ISO 31000, COSO, ISO 14001, ISO 27001, OSHA, and PMI Project Risk Management, among others. We also support a variety of qualitative risk assessment methods, including HAZID, HAZOP, bow-tie analysis, and others. Furthermore, our audit workflow allows you to carefully plan, conduct, and review audits, supervision, and verifications within the application, facilitating the assignment of tasks and tracking progress. When undertaking audits related to processes, products, or management systems through UXRisk, you can trust that you are in alignment with most recognized industry standards, leading to a more streamlined and effective risk and compliance management approach. This integrated functionality not only boosts productivity but also significantly enhances the overall efficiency of your organization's risk management strategies, ultimately contributing to more informed decision-making and better resource allocation.

Your organization is vulnerable to a range of threats such as natural disasters and cyberattacks, making it essential to develop a Business Continuity Plan (BCP) that is both robust and efficient. This plan should integrate smoothly with your company's directories and applications by utilizing a web-based Business Continuity solution. Such a platform can consist of either a sophisticated SaaS model or individual licenses for its various components. The BCP needs to address Risk Management and Internal Control while being constructed and sustained according to the four phases of the PDCA cycle. Moreover, it must facilitate seamless integration with your current BCP and comply with the ISO 22301 standard, in addition to following security and crisis management frameworks like MEHARI, EBIOS, COSO, Basel, and SOX. The Risk Management module is vital for pinpointing the significant risks your organization may encounter, evaluating these risks based on Basel III principles, and managing both inherent and residual risks through an effective strategic action plan for mitigation. Furthermore, the Business Continuity Module should assess the organization's critical processes and assets, enabling the formulation of a Business Impact Analysis (BIA) and the development of testing scenarios to ensure readiness. In short, investing in a thorough BCP not only safeguards your business but also bolsters its resilience against unpredictable events, ultimately leading to improved operational stability. A well-designed plan can serve as a crucial asset in maintaining business continuity during crises.