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Riskflo

Riskflo

Overview

What is Riskflo?

RISKflo is a self-serve, enterprise platform offered by Riskflo that aims to assist organizations in converting GRC (Governance, Risk, and Compliance) policies into actionable business rules, stakeholder engagement, and valuable insights. According to the vendor, this solution is designed to meet regulatory...

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Pricing

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Riskflo?

RISKflo is a self-serve, enterprise platform offered by Riskflo that aims to assist organizations in converting GRC (Governance, Risk, and Compliance) policies into actionable business rules, stakeholder engagement, and valuable insights. According to the vendor, this solution is designed to meet regulatory obligations, consolidate information silos, and facilitate better business decisions and customer outcomes. It is intended for use by Risk Management Professionals, Compliance Officers, Governance Professionals, and businesses in the Financial Services and Healthcare industries.

Key Features

SmartScript™ Editor: According to the vendor, the SmartScript™ Editor serves as the core technology behind RISKflo's self-serve platform. It provides an encrypted template that contains the knowledge and business rules required to implement specific GRC processes. The complexity of SmartScripts™ can vary depending on the GRC process, and the editor ensures a user-friendly experience by presenting only relevant questions and supporting information.

RISKflo Capture™: RISKflo Capture™, as per the vendor, brings standardization and structure to question-response based use cases. It launches the corresponding SmartForm™ based on the selected SmartScript™, providing relevant background and context-sensitive information through a single interface. Users can submit responses, attach evidence, delegate tasks, and revise and update before final submission.

RISKflo Concur™: According to the vendor, RISKflo Concur™ enables multi-stakeholder collaboration for complex processes. It facilitates the review, collaboration, revision, and consensus formation within the system. The platform allows relevant experts from across the enterprise to provide feedback and give final approval, promoting effective decision-making and process efficiency.

RISKflo Register™: The vendor states that RISKflo Register™ integrates with SmartForms™ to offer a comprehensive view of data. Users can easily search and filter data to identify irregularities, themes, and trends. The Register™ enables the launch of new SmartForms™ to assign actions and accountabilities, monitor them to completion, and provides a full audit history with drill-down capabilities to supporting materials.

Riskflo Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
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