Risk management  >  Workplace Risk Assessment Software

Workplace Risk Assessment Software

workplace risk assessment software
workplace risk assessment software

Introduction to Workplace Risk Assessment Software

Several risk factors can affect the employees’ health and safety (H&S) at the workplace. Dealing with each risk requires implementing appropriate controls, which can be time-consuming and ineffective. Businesses must identify safety risks and be able to assess the severity and likelihood of each risk. To effectively perform these tasks, businesses need a risk-aware EHS Management system that can use predictive intelligence that helps health and safety leaders prioritize and control risk with the chance of high impact and occurrence. This is where the Workplace Risk Assessment Software solution comes into play. This software allows you to analyze business risks and develop plans to prevent or mitigate their impact on the organization. The soul also documents all the findings in one place that can be used for follow-ups with key stakeholders.

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What are the advantages of using Risk Assessment Software?

  • Implement a common survey-driven risk assessment methodology for health and safety consistency across the organization.
  • Document the entire risk assessment process for all stakeholders. Share mitigation strategies with personnel to assist in implementation.
  • Remove siloes within the organization and collaborate with users between teams to evaluate identified hazards and their impact based on user-defined measures.
  • Use the software to monitor results. With cloud-based software, all users can track project progress, automatically follow up with employees on tasks, and report progress to stakeholders.
workplace risk assessment software advantages
workplace risk assessment software advantages
Workplace and Employee Safety

Design, Automate and Monitor a Continuous Process around Workplace and Employee Safety Effectively

workplace risk assessment software features
workplace risk assessment software features

What are the features of ComplianceQuest Workplace Risk Assessment Software?

CQ Risk Management Software is equipped with unique AI and analytics capabilities to spot potential risks based on history and trending data along with key metrics. Safety leaders can use the centralized risk repository to accelerate risk assessments, identify and analyze risk trends, and drive mitigation activities. With embedded intelligence, quality and risk management leaders can proactively start their risk mitigation efforts before it becomes a major challenge. CQ’s Workplace Risk Assessment Software has an in-built Risk Management Solution that integrates with modules such as Observations, Incident Management, Supplier, Management Review, and Permit to Work. The solution also complies with the latest standards, including ISO 31000, ISO 14971, ICH Q9 and risk principles in ISO 9001:2015, ISO 13485:2016, ISO 45001 and ISO 14001. Some of the most prominent features of ComplianceQuest Workplace Risk Assessment Software include –

  • The Workplace Risk Assessment software stores all risk-related documentation in a single location for easy access. The user has the freedom to configure multiple risk types for evaluating different categories of operational risk.

  • Customize operational risk tolerance thresholds and policies based on the company’s needs for a more accurate risk assessment and analysis.

  • Management can monitor the application of resources using a single dashboard to ensure that organizational risk tolerance is not exceeded in the most risk-prone areas.

  • Collaborate with others across the supply chain and enterprise without losing ownership.

  • Access Risk Assessment Solution anywhere, anytime, and on any device.

  • Use pre-developed best practices-based reports to create additional reports and dashboards that meet the company’s requirements.

  • Follow relevant records in the system and receive notifications via email, dashboard, and mobile in case of any developments.

risk management and maximize occupational safety

Customer Success

2 Leading US Companies use ComplianceQuest to Automate Risk Management and Maximize Occupational Safety

risk management and maximize occupational safety
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why workplace risk assessment software important

Why is Risk Assessment Software important for an organization?

Hazard Identification and Risk Analysis (HIRA) is an integral part of an Environment, Health, and Safety program within an organization. Some countries mandate implementing a risk assessment program. Risk assessment software is gaining importance as it helps identify hazardous work conditions prevalent in the workspace, has the potential to evaluate collective data, and implements preventive measures to control the risk before it turns into a threat. Risk management software simplifies the complexities in risk reporting, analyzing metrics, and data sharing. ComplianceQuest offers cloud-based Workplace Risk Assessment software that uses Einstein Analytics to identify risks related to business, quality, and operations in a unified manner. With its fully-automated capabilities, users can save valuable time caused due to manual data management. By digitizing the risk management cycle, the business can act quickly to reduce the time barrier before any risk or hazard escalates into an incident.

why workplace risk assessment software important

Outstanding execution and solution coverage

We implemented this software where I work and have been overall happy with the outcome. After taking a day or two workings to learn the software, you’ll never want to go back to your old ways! There’s also a huge library of training videos provided with the subscription, and an easy to use ticket portal. Moving to CQ HSE was worth the effort and will pay for itself within the year, but what really matters is that we have a fully functional HSE software that can grow and evolve with the business. The mobile features and real-time data capture provides great accessibility to the HSE program for all levels of staff.

Andre Perrault,
Manager, Health Safety & Environment
Altex Energy

qms software
qms software
risk assessment and risk analysis

What is the difference between Risk Assessment and Risk Analysis?

Risk assessment is one of the key steps in risk management. Businesses conduct risk assessments to identify, evaluate and report risk-related concerns in the workplace. It classifies threats into identifiable categories and helps define the potential impact of each risk. Risk assessment is performed at an organizational level when:

  • A new process is introduced
  • There is a change in any process or activity
  • A new type of risk is identified
  • A customer or supplier notifies the business about a possible risk

Risk analysis is the micro-level process within risk management that helps measure risks and determines the significance of identified risk factors in the risk assessment process. It is performed using a Risk analysis software. Risk analysis also qualifies risk, and measures the likelihood of hazards occurring and tolerances for certain risk events.

Eliminate the risk with the chance of high impact and occurrence and develop plans to mitigate its impact with CQ’s Workplace Risk Assessment Software.

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Quality-centric Companies Rely on CQ QMS

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Frequently Asked Questions

  • Risk assessment involves the following 3 steps:

    • Identify the Risk: The first step in risk assessment is to identify the various risks and note them based on their impact using a Business Impact Analysis (BIA). At this step, the risk appetite of the organization is also defined.

    • Risk Analysis: Once the safety risks have been identified; the next step is to assess their impact using a defined risk assessment methodology. This can be done using a qualitative and/or quantitative scoring model to score the probability of its occurring and the potential impact of the risks.

    • Risk Evaluation: The final step in risk assessment is categorizing the risks based on their score. This helps establish the severity of the risk based on its possibility of becoming a reality and its subsequent impact on the business.

  • A risk matrix is part of the risk assessment process that is used to define the level of risk by understanding the probability against its severity. It is a simple mechanism that increases the visibility of risks and helps management in their decision-making process.

    Creating a risk assessment matrix is a six-step process:

    • Identify the Key Hazards by observing potential dangers in the workplace, analyzing past records for injuries and illness, and considering industry-related risks.

    • Assess the severity of the risk to prioritize which needs to be addressed first.

    • Evaluate the likelihood of the occurrence of an event and rate them as high, medium, or low.

    • Profile the risk category to identify the impact audience.

    • Implement risk controls

    • Record and conduct period risk review

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