PERFORMANCE, RISK, AND COMPLIANCE MANAGEMENT
Part of the Process
Manage critical business process performance based on measured data while identifying operational or regulatory risks.
Meet the Requirements
Identify opportunities and drive improvement through performance management, while ensuring that controls are in place to effectively manage risk and ensure compliance. Meet requirements for Sarbanes-Oxley, GDPR, HIPAA, ISO, and more as well as key healthcare, environmental and other regulations and frameworks in a structured, controlled, and secure way.
Identify suitable performance measures, operational risk, and compliance issues.
Design and automate risk controls to ensure processes become and remain compliant.
Report on process and risk gaps, impacts, costs, and more.
WHY CHOOSE IGRAFX
Process Beyond the Standard
For organizations with exceptional complexity, such as large-scale mergers and acquisitions, process standardization and the establishment of best practices is critical to the identification and prioritization of incremental improvement opportunities.
“We needed to remove several billion dollars from our operations so that we could reinvest for smart growth. Our partnership with iGrafx was instrumental in driving the processes required to achieve this goal.”
Top 5 US Financial Institution
Potential breaches in risk mitigation standards can leave organizations vulnerable to failed federal audits and extreme financial penalties. To ensure compliance, one leading bank sought to more effectively manage approvals and version control along with performance and risk management.
The organization was able to solve for the challenge while gaining advanced process simulation and analysis capabilities. Going forward the business can integrate with any BPMN process automation tool as well as benefit from the automation engine with iGrafx. The result was a 5x ROI with the solution.
FEATURES AND BENEFITS
Visually Manage Compliance
With performance, risk, and compliance management, organizations gain the ability to:
Create and visualize risk and controls directly within business processes to support compliance.
Access dashboards, heat maps, matrices, and reports to provide cross-functional visibility of performance, risk, and compliance.
Report across multiple dimensions for both internal and external auditing purposes.
Aggregate within or across business units or by specific property for the widest range of visibility and traceability.