Risk Management
Provide Complete Visibility to Manage Risks
Care Vision’s digital and completely integrated risk management system provides a centralised platform for your organisation. Our digitised module allows managers to see all possible connections and interactions between risk events.
It improves your involvement and gives you control over the entire process. Our advanced risk management systems also produce detailed reports to raise the quality of your information for auditing purposes.
Integrate Risk Awareness into Every Aspect of Your Care Organisation
Maintaining staff engagement and keeping on top of risk awareness have traditionally been two of the most difficult aspects of risk management. Implementing our risk management system can help you and your team collaborate and engage with your work at all levels. Team members can convey key information faster and more effectively.
Managers can keep up to date with healthcare standards and help prevent minor-to-critical risks. Our modern digital risk management system eases the burden on the entire organisation and implements excellent practices for better outcomes.
Identify Early Signs of Potential Risks
Our digitised risk management system enables problems and hazard to be detected automatically, rather than relying on purely manual processes to protect residents and staff. An automatic report lets you know whether there are any steps you need to take to reduce specific risks.
Compared to paper-based systems, this will save you hours of time and allow you to keep track of any information related to risk in real time. Additionally, automated backups give you total protection for your system, making it significantly more dependable than other solutions.
Key Benefits
Manage risks from multiple organisation units, groups or places
Control risk, paying attention to ownership and costs
Centralised platform for all of your business risks and hazards
Incorporate real-time event data and audit reports to manage all risks
Frequently Asked Questions
A risk management system can be any integrated computer information system used to aggregate risk data, helping decision makers evaluate the risks that an organisation can face. This information includes risk exposure and preventive measures for a more comprehensive picture.
A risk management system process includes the following steps:
- Identify possible risks
- Analyse or evaluate those risks
- Prioritise the risks
- Create preemptive responses to treat the risks
- Monitor the risks continuously
Some of the most crucial reasons to consider investing in a risk management system are:
- It reduces your risk possibilities and responsibilities
- It provides your organisation with a more secure environment
- It maintains or enhances your brand reputation
- You can create, save and maintain more data than ever before for better-informed decision-making
The success of a risk management system depends upon the following:
- It meets all contractual, legal, internal, social and ethical goals.
- It monitors new technology-related regulations
- It has the necessary resources to control and mitigate the risks that are identified
- It reduces costs and increases business continuity and success
A business can face the following significant risks, disturbing its continuity and productivity:
- Compliance risk
- Strategic risk
- Legal risk
- Operational risk
- Security risk
- Financial risk
- Human risk
- Reputational risk