When an incident happens, whether it’s a safety loss, an environmental event, a quality event or even a financial event, there’s potential for serious harm.
You may have bought software to manage incidents and more software to manage risk registers, however they don’t talk to each other, which means you have to manually extract the data to do the analysis. This opens you up to missing critical connections that could not only help you make better investment decisions about risk controls, but also help you assess the effectiveness of the existing controls.
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