Compliance Risk Assessment | Compliance Risk Analysis

Automated identification of your Compliance risks with the Compliance Risk Assessment Tool

A compliance risk analysis is a systematic search for issues that could trigger compliance incidents. Every sophisticated compliance management system is based on a preceding risk analysis. Businesses need to know as many of their compliance risks as possible, in order to address them with their compliance management system and reduce risk with the help of appropriate measures.

What is the Compliance Risk Assessment Tool?

Our Compliance Risk Assessment Tool (CRA Tool) is a structured and systematic method for automated identification of your compliance risks. Using an online survey, your staff are asked about potential compliance risks within your business. Questions, clustered by different compliance areas, are about the risks themselves and actions that could help reduce these risks. The relevance of these risks is determined by the answers that your staff provide, while risk-addressing actions automatically reduce these risks. An exemplary compliance culture will positively influence compliance risks within your business, too.

Dashboard for visualising results

Results of any risk analysis should be visualised in a dashboard to gain a better understanding and to support finding appropriate actions. Using a combination of different diagrams, risks and their assessment are presented in a visual easy to digest way and can be filtered by country, organisation or department. Drill-down functionality allows detailed analyses. The visualisation is perfect for presenting the results to the management or board of the business.