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Key Features of our Compliance Management Platform
Compliance Automation
Automate workflows, streamline compliance tasks, and assign and track tasks
Pre-built Content Libraries
Access a library of 40+ pre-built frameworks and assessments aligned with standards, saving time and effort in compliance efforts.
Document Storage
Centralized platform for all your risk-related documents, ensuring they are always at your fingertips when you need them
Compliance Automation
Automate workflows, streamline compliance tasks, and assign and track tasks
Pre-built Content Libraries
Access a library of 40+ pre-built frameworks and assessments aligned with standards, saving time and effort in compliance efforts.
Document Storage
Centralized platform for all your risk-related documents, ensuring they are always at your fingertips when you need them
Ready to get started and automate your compliance process?
RiskWatch platform is easy to use, free to try, and can be customized to fit your business needs.
Achieve your Compliance Goals with RiskWatch
Automated Assessments
Streamlined Risk Assessments
RiskWatch enables customers to complete risk assessments on the go using any browser-enabled device, even when you do not have a reliable internet connection. This ensures that data stays within a centralized location, eliminating the need to copy data manually and therefore reducing human error.
- Simplify the data entry with easy input assessment questions.
- Take any supplemental photos directly on your device and attach to your responses.
- Gathered information will be uploaded once a stable internet connection is detected.
FAQs
Get answers to some of the most frequently asked questions on our Compliance Risk Assessment Platform.
Or head over to the Contact Us page to have a compliance expert reach out to you.
Compliance management software is a crucial software for organizations to effectively handle their regulatory obligations, monitor adherence to policies, and manage risks.
It is a state of the art security and risk assessment platform that can be utilized for performing compliance and security risk assessments. Reduce exposure to liability, manage risk, monitor and maintain security, and track continuous improvement.
Compliance risk assessment involves identifying and evaluating risks related to regulatory compliance. Prioritize major risks, implement mitigation strategies, and continuously monitor controls.
Here are the steps to perform assessments:
1. Sign in to RiskWatch Platform or Get the RiskWatch Free Trial
2. Create and Complete the Assessment
3. Understand the Risks
4. Identify Security Gaps
5. Assign Tasks
6. Generate Reports
Your level of support depends on the package you purchased with your product (Essentials, Standard, or Enterprise). Click here to see our support levels
No. Our platforms are browser-based and can be used on any device that has a web browser and internet connection.
Get started quickly and easily- we set up and host your software site for you. No servers, no storage, no maintenance.
Compliance Risk management technology can provide numerous benefits, including:
- Improved efficiency: Automated tasks and data analysis.
- Enhanced accuracy: Reduced human error in risk assessment and reporting.
- Centralized information: A single platform for managing risk data.
- Real-time monitoring: Early detection of potential compliance issues.
The typical steps involved in compliance risk management include:
- Risk identification: Identifying relevant laws, regulations, and standards.
- Risk assessment: Evaluating the likelihood and impact of non-compliance.
- Risk response: Developing strategies to mitigate or avoid risks.
- Monitoring and reporting: Tracking compliance efforts and reporting results.
Failure to meet compliance obligations can result in:
- Financial penalties: Fines and penalties imposed by regulatory authorities.
- Legal actions: Lawsuits and litigation.
- Reputational damage: Loss of trust and credibility.
- Operational disruptions: Business interruptions due to investigations or enforcement actions.
The main features of the RiskWatch platform for Compliance Risk Management include Compliance automation,
Pre-built content libraries,
Document storage,
Accuracy and scalability, Collaboration,
Report generation
RiskWatch streamlines Physical Security Risk Assessments by automating workflows, streamlining compliance tasks, and assigning and tracking tasks.
Pre-built content libraries in RiskWatch are libraries that contain industry standards and regulations, lending subject matter expertise and guidance for organizations.
Additional content libraries can be added in RiskWatch by choosing from custom criteria using our Bulk upload option to perform custom assessments.
To generate detailed and customized reports, providing a comprehensive view of your risk profile and compliance status.
RiskWatch compares to manual processes by offering a more efficient and accurate way to manage risk and compliance. It reduces the time spent on assessments and minimizes human errors.
RiskWatch prioritizes compliance risk management by providing a centralized platform that simplifies compliance tracking, reduces risk, and ensures your organization is always audit-ready.