Cority Launches Vaccination Management Solution
Risk Management
Risk Management
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Making risk management easy
Shift your corporate risk management philosophy from reactive to proactive with powerful risk management solutions built on a holistic approach to risk-based thinking. With CorityOne™, we help you streamline and simplify the identification, evaluation and control of operational risk, providing leaders at all levels with enhanced real-time visibility of where risk exists in the business, enabling faster, more intelligent decisions to protect your workforce and keep the organization on a path toward better performance.
Enhance your view of operational risk
Enhance the visibility and awareness of operational risk across the business to drive better decisions that help mitigate losses and support better operational performance with flexible, real-time access to risk data across the entire Cority risk management software platform.
Strengthen compliance
Improve organizational compliance to applicable risk management regulations, standards, and corporate policies. Mitigate the risk of loss, reduce exposure to regulatory citations and penalties, and protect your brand.
Drive engagement
Leverage purpose-built tools to help share risk information broadly across the workforce to support better risk control and drive greater employee participation in risk management actions and decisions.
Better results through better risk management solution
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Standardized processes
Simplify, standardize, and streamline risk management practices, reducing associated time and effort while ensuring process consistency and reliability that lead to better results.
Better efficiency
Reduce time-consuming manual data entry tasks, limit risk of data loss or corruption, and free up staff to spend their time on more critical tasks and functions.
Insights that drive results
Track, trend and analyze results over time with Cority’s robust risk management software to uncover insights that help you assess mitigation efforts, identify residual risk and opportunities, and calculate the ROI of your risk prevention strategy.
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Improve your risk management with Cority
Risk assessments
Create dynamic risk assessments
Complete dynamic risk assessments following Job Hazard Analysis (JHA), HAZOP or another recognized risk assessment methodologies, or configure the solution to your company’s preferred option – including the risk factors, control factors, colors, icons, values and formulas you require.
Create dynamic risk assessments
Complete dynamic risk assessments following Job Hazard Analysis (JHA), HAZOP or another recognized risk assessment methodologies, or configure the solution to your company’s preferred option – including the risk factors, control factors, colors, icons, values and formulas you require.
Track key risk data
Manage risk inputs and outputs
Track key risk management inputs and outputs related to tasks, hazards, control measures and more in a single consolidated record, allowing you to easily visualize risk, understand key controls, and prioritize actions for risk reduction.
Manage risk inputs and outputs
Track key risk management inputs and outputs related to tasks, hazards, control measures and more in a single consolidated record, allowing you to easily visualize risk, understand key controls, and prioritize actions for risk reduction.
Guided risk management
Help employees manage risk effectively
Leverage purpose-built, out-of-the-box tools within Cority’s risk management solution to guide individuals through risk assessment and management actions, removing added effort and time. Describe and record tasks, hazards and controls with both free text and user-defined dropdown choices. Even maintain lists of key stakeholders to help demonstrate their involvement in risk management decisions.
Help employees manage risk effectively
Leverage purpose-built, out-of-the-box tools within Cority’s risk management solution to guide individuals through risk assessment and management actions, removing added effort and time. Describe and record tasks, hazards and controls with both free text and user-defined dropdown choices. Even maintain lists of key stakeholders to help demonstrate their involvement in risk management decisions.
Calculate risk effortlessly
Leverage advanced risk scoring tools
Use our powerful and configurable risk calculator to automatically calculate risk scores based on your unique requirements. Select up to 12 different risk scoring criteria like probability, severity, frequency and others. Utilize a risk-model matrix with pre-defined risk levels in each quadrant, or even employ user-defined simple or complex risk scoring formulas.
Leverage advanced risk scoring tools
Use our powerful and configurable risk calculator to automatically calculate risk scores based on your unique requirements. Select up to 12 different risk scoring criteria like probability, severity, frequency and others. Utilize a risk-model matrix with pre-defined risk levels in each quadrant, or even employ user-defined simple or complex risk scoring formulas.
Integrate risk in other workflows
Measure how well you’re managing risk
Link risk data to other solutions across the CorityOne™ platform to drive additional workflows that ensure risk is properly identified and mitigated. Our risk management solution integrates with other Cority solutions, including Incident Management, Compliance Management, Industrial Hygiene, Management of Change, and medical records to ensure risk is controlled in every corner of the enterprise.
Measure how well you’re managing risk
Link risk data to other solutions across the CorityOne™ platform to drive additional workflows that ensure risk is properly identified and mitigated. Our risk management solution integrates with other Cority solutions, including Incident Management, Compliance Management, Industrial Hygiene, Management of Change, and medical records to ensure risk is controlled in every corner of the enterprise.
Increase risk visibility
Visualize risk with business intelligence tools
Take advantage of Cority’s advanced business intelligence tools in Analytics Cloud to build flexible reports and intuitive dashboard indicators to visualize risk data, track changes over time, benchmark performance across operations, or drive accountability to close assigned actions. Visualize risk data before and after implementing controls to assess response effectiveness.
Visualize risk with business intelligence tools
Take advantage of Cority’s advanced business intelligence tools in Analytics Cloud to build flexible reports and intuitive dashboard indicators to visualize risk data, track changes over time, benchmark performance across operations, or drive accountability to close assigned actions. Visualize risk data before and after implementing controls to assess response effectiveness.
Mobility
Manage risk wherever you are
Leverage our powerful myCority mobile app to complete dynamic risk assessments or review existing records in the field from any device. Assign, access and update progress to complete actions to address uncontrolled risk anywhere, anytime that helps provide an accurate real-time view of risk across the business.
Broaden your approach with Operational Risk Management (ORM)
Companies are facing challenges from every angle to ensure they are competitive and compliant. The need for an automated Business Process Management program – one that provides visibility across all operational areas and combines the functionality of environmental, health, safety and quality (EHSQ) – to identify and manage risk is a necessity.
Collaborative ORM
The Cority platform supports overarching Operational Risk Management (ORM) requirements. ORM and EHS are interrelated. ORM is driven by regulatory requirements (including EHS), and EHS compliance management supports risk management. Managing both programs from the same platform optimizes your processes and strengthens organizational objectives.
Connected ORM
Cority’s ORM solutions support the connected worker and the rapidly growing use of IoT and IIoT devices. Cority is designed as a central repository for a wide and extensive array of data to enhance and expedite decision-making.
Secure ORM
Security is critical when managing enterprise operational risk. According to independent analysts, Verdantix, Cority’s application and data center security is among the highest in the industry. Cority is ISO 27001, 27017, and 27018 certified across its operations.
Leading ORM
Cority provides a single system of record and is recognized by independent analyst firm Verdantix as one of the top ORM vendors with leadership in ORM security, emergency response, and integration with wearables. It’s also seen as a top performer in management of change, incident management, business intelligence and more.
Moving to Cority helped us eliminate the data silos we previously had and provided the visibility needed to take our data strategy to the next level – enabling us to identify risk before it happens, pinpoint opportunities for improvement, and better leverage our data to support policy and programs changes we need.
Jim Furlong, VP of Global Safety, Westmoreland Coal Company
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