Enterprise Risk Management

What is Enterprise Risk Management?

Solid quality can establish lifetime loyalty and market dominance, but poor quality results, from recalls and repairs to product delays, drive your company's brand insights. ETQ Reliance software helps you skillfully manage critical processes that define and protect your brand's reputation.

Business risk management

Automate several key quality processes that enable companies to incorporate risk-based thinking into organizational planning and operational monitoring. Identify and assess risk across the enterprise and leverage risk data to drive long-term mitigation and improvement.

Compliance Obligations

Compliance obligations that identify, access and evaluate internal laws, regulations and organizational requirements that apply to the establishment of environmental objectives related to activities, products and services.

• Identify, access and evaluate laws and regulations
• Record the legal aspects that affect your organization and the location of records and associated paperwork.
• Keep copies of laws and regulations in place
• Keep records of inspections and implementations carried out by a specialized body, in addition to recording the information of the body itself
• Third-party import requirement (RegScan)
• Integrates with Audit Management, Task Management, Document Control and Training Management

Task Management

Task Management provides a central repository for tasks from any source - either once or recurring tasks required to maintain compliance.

• Ensure timely completion and visibility of all tasks
• Schedule recurring tasks on user-defined deadlines

Meeting Management

Meeting Management enables groups to collaborate, schedule meetings, track corrective actions, distribute resources, and assign action items.

• Provides a centralized feature for collaboration on specific meeting items and automatically tracks action items across the enterprise
• Create meeting templates for meeting management
• Integrates with Corrective Action (CAPA) to solve critical and systemic action items

Risk research

ETQ's Risk Research process provides a systematic and objective means of identifying, assessing and mitigating risks across all business functions. Make better decisions based on real risk data and minimize and prevent risks before they occur. The ETQ Risk Research process allows you to:

• Create risk research models
• Distribute the survey to participants across the organization
• Collect survey responses that classify known risks, identify new and emerging risks, and gather all risks in the risk log
• Document and assign controls and actions to address risks
• Implement effectiveness checks

Emergency Preparedness

Organizations should prepare and test response plans for a wide variety of potential emergencies, from business disruptions to technology and security threats, to environmental and security issues. As part of our Enterprise Risk Management solution, this critical process enables customers to:

• Register personnel, equipment, and external organizations associated with emergency procedures and protocols, regardless of location
• Define reviews and full exercises in your plans to ensure organizational readiness
• Link response plans, policies, procedures, and work instructions associated with Corrective Action records (CAPA/SCAR)

Provision of quality records

ETQ Quality Records Disposition collects quality records and reports on an organization's quality campaign. Reports are provided through a dashboard that monitors KPIs, live data, and other relevant performance metrics. The quality records panel can be configured to issue real-time alerts for any negative performance event.

• Captures data that provides management information about how your system is working and the progress being made to achieve business objectives

System requirements:

CPU: 1.8 GHz dual core processor

RAM: 2 GB

HDD / SSD: 50 GB of free space on the main drive

Operating system: Microsoft Windows 8 32-bit, Microsoft Windows 7 32-bit and Microsoft Windows Vista 32-bit

Resolution: 1024×768

Supported operating systems

Mac OS X 10.5 x (Leopard), Mac OS X 10.6 (Snow Leopard), Mac OS X 10.7 (Lion), Mac OS X 10.7 (Mountain Lion), OS X 10.9 (Mavericks) and Mac OS X 10.10 (Yosemite)

Hardware requirements

Memory - 1 GB of RAM and more

Free disk space - 50 MB

System type - 32-bit and 64-bit OS