The CRS module is one of the core modules of the Q-RADAR, being the core risk database and reporting tool. The CRS is a user-friendly yet powerful tool to facilitate Directors and Managers in identifying, assessing, prioritizing, monitoring and managing risks. The CRS System enables Risk Scorecards to be developed in-house and is ideal for Directors, Top Management, Line Management, Risk Managers and Internal Auditors. Based on the ISO 31000 and COSO ERM Standard for Risk Management, the system complies with global best practice.
Key uses of the CRS Module includes:
- Enterprise Risk Management.
- Operational Risk Management.
- Incident/Loss Event Reporting & Analysis.
- Risk & Control Self-Assessment.
- Compliance Management.
- Audit Planning.