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Risk Management Software

Risk Management Software

Reduce future uncertainty with proactive risk management

Gain a clear, consolidated view of your organization’s risk through identification, evaluation, mitigation and continuous monitoring

Make it easy for your team to spot risk trends and resolve them proactively

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Maintain a centralized repository of identified risks at the project, department, or company level with CQ Risk Management Software. Drive strategic decisions on potential threats with the solution that is aligned with the latest standards (ISO 31000, ISO 14971, ICH Q9 and risk principles in ISO 9001:2015, ISO 13485:2016, ISO 45001 and ISO 14001) to help accelerate assessments, identify and analyze risk trends and drive risk mitigation activities. Identify the right approaches that contributes to process efficiency, improved risk management and internal controls with our risk framework.

The CQ Risk Management Software offers unique AI and analytics capabilities to spot potential risks based on history and trending data along with key metrics. With embedded intelligence, Quality and risk management leaders can proactively start their risk mitigation efforts before it becomes a major challenge.

Go from Reactive to Proactive Risk Mitigation

The CQ Risk Management Solution provides a complete and accurate picture of the risk landscape. Stakeholders can easily prioritize and collaborate on risk mitigation efforts helping to make the best strategic decisions to offset new risks and improve operations. Risk assessments can be launched from anywhere within the ComplianceQuest platform to analyze hazards associated with any process or activity such as Audits, CAPAs, Change, Customer Complaints, Deviations, Nonconformances, Safety analysis and Environmental impact.

Risk Mitigation with Risk Management Software
CQ Risk Management Software for Future Solutions

Solve Future Problems with Risk Intelligence

With CQ Risk Management, you can easily define risk tolerance thresholds and policies and when met, automatically initiate a risk assessment. Spot patterns and gather insights from quality data across the enterprise taking advantage of Einstein Analytics to identify risks related to business, quality, and operations in a unified manner. Enable access to historical data on past risk factors using the risk register to identify and capture trends. Prioritize risk trends and address the highest risks to prevent future events leveraging the assessment and evaluation capabilities of CQ Risk Management.

Improve Collaboration and Efficiency

There are many risk types with varying degrees of criticality. To be able to manage them well and ensure the highest risks are addressed on priority, it is important to evaluate them and define metrics for real-time insights. Moreover, having separate risk matrices makes it easy for collaboration and teamwork. CQ Risk Management enables this by ensuring effective utilization of resources in a timely manner. While some quality and safety risks require a combined effort for mitigation, others may have to be tackled by specific quality or safety teams. CQ Risk Management is easy, flexible, and integrated to drive activities that protect and enhance your organization’s value – a critical requirement in today’s context.

Improve Collaboration and Efficiency with Risk Management Software
Single source of truth in real-time for all Risk management concerns

Serves as a single source of truth in real-time

Risk register, risk-related data visualization, and up-to-date documentation are important to get real-time insight into the overall health and effectiveness of your risk and compliance. CQ Risk Management ensures that the management team has a finger on the pulse of all quality and safety-related risks anytime, anywhere. The solution is designed to provide management with oversight into key risks, risk trends, root cause, corrective and preventive action plans, and future potential of incidents for suitable strategies for risk mitigation.

Embed risk-based thinking across quality processes

Establishing a risk-aware culture can go a long way in mitigating risks across your entire quality, safety and environmental ecosystem. A key requirement for mitigating risk in an organization is employee participation in reporting incidents as well as near misses. CQ Risk Management makes it easy for employees to be proactive by enabling them to report anonymously, upload pictures and even file reports offline, which are later synchronized when there is network availability.

Risk-based thinking across quality processes with Risk Management System
Automate your entire enterprise risk management in a single platform with CQ Risk Management Software

Automate your entire enterprise risk management in a single platform

Regulatory bodies, such as FDA, are aligned with the business goal of delivering sustainable growth. Their efforts stress a risk-based approach to compliance to minimize damage, protect business assets and resources. To support this all-encompassing initiative, CQ Risk Management is an integral part of the full CQ EQMS and EHS suites and integrated with all key modules.

Support Your Entire Organization

Complete Risk Management

Management

Provide risk oversight across the enterprise for effective decision-making

End to End Risk Audit

Audit

Ensure improved scoring and proper mitigation of residual risks

Timely Product launch - CQ Risk Management Software

Engineering

Achieve timely product launches while ensuring compliance by mitigating risks in every phase of a product’s lifecycle

Ensure Best Quality all time with Risk Management Software

Quality

Capture risk trends and implement corrective and preventive actions

Ensure compliance with regulatory requirements with CQ Risk Management Software

Compliance

Ensure compliance with regulatory requirements through risk mitigation and assessment of effectiveness

“The implementation team has met all my expectations. The CQ product ‘out of the box’ meets majority of my requirements. With some minor configurations we have developed QMS workflows that are highly efficient and robust. A risk-based validation plan also allowed us to move quickly through the foundational functions; Controlled Documents, Change Order, and Personnel.”

–VP of Quality at a fast-growing biotherapeutics company

Key Features of CQ Risk Management Software

Key Features of CQ Risk Management Solution

risk-management-features

Risk Intake

Risk Intake

Access all risk-related documentation in a single location and configure multiple risk types for evaluating different categories of operational risk

Risk Assessment and Analysis

Risk Assessment and Analysis

Define operational risk tolerance thresholds and policies for risk assessment and analysis

Risk Mitigation

Risk Mitigation

Encourage employee participation in risk mitigation activities using electronic workflows and signatures for all risk activities and documentation

Risk Monitoring

Risk Monitoring

Monitor mitigated risk to ensure their effectiveness

Management Oversight

Management Oversight

Simplify the application of resources in the most risk-prone areas and ensure that organizational risk tolerance is not exceeded

Collaboration

Collaboration

Reach out to others across the enterprise and in the supply chain to solicit feedback without having to give up on the ownership of the tasks.

Mobile Access

Mobile Access

Access your Risk Management Solution on the go anywhere, anytime and on any device

Reporting and Analytics

Reporting and Analytics

Utilize pre-developed best practices-based reports and create any number of additional reports and dashboards to suit your requirement

Social Like & Follow

Social Like and Follow

Like and follow relevant records in the system and be notified via email, dashboard, and mobile to stay abreast of developments

Related Insights

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