What is iCoRisk?

iCoRisk acts as a cutting-edge accelerator for corporate risk management by utilizing the Microsoft Power Platform, enabling organizations to monitor, mitigate, and manage different risk types—such as project, operational, and corporate risks—through a unified system. The platform offers adaptable risk scoring frameworks that support assessments of pre-, post-, and target-risk, while also linking risks to relevant controls and mitigation tactics, and automating essential tasks like notifications, email alerts, and approval processes. Users have the ability to effectively associate risks with various departments, correlate project-specific risks with ongoing business risks, and utilize real-time, dynamic dashboards and reports powered by Power BI, giving stakeholders an insightful overview of risk registers and current mitigation strategies. Moreover, as part of Microsoft 365 and the Power Platform, iCoRisk guarantees smooth integration with Azure, Teams, and an array of third-party applications, enhancing collaboration and embedding risk management practices into daily business operations, which significantly boosts overall operational productivity. This comprehensive strategy not only optimizes risk management procedures but also equips organizations to tackle challenges in a proactive and effective manner, ultimately fostering a culture of resilience.

Screenshots and Video

iCoRisk Screenshot 1

Company Facts

Company Name:
iCoTech Services
Date Founded:
2018
Company Location:
United Kingdom
Company Website:
icotechservices.co.uk/icorisk/

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
Webinars
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

iCoRisk Categories and Features

Risk Management Software

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment