roXtra Risk Management

roXtra Risk Management is a solution designed to assist companies in identifying, analyzing, and managing risks. According to the vendor, this software is suitable for businesses of various sizes and caters to a wide range of professions and industries, including risk managers, compliance officers, quality managers, project managers, health and safety managers, financial institutions, manufacturing companies, healthcare organizations, and IT and technology firms.

Key Features

Risk Recording and Aggregation: According to the vendor, users can easily create and define risks in a dashboard within roXtra, record risks with descriptions and additional information, assign tasks to responsible employees, and benefit from AI integration for automatic risk description generation.

Individual Risk Categories: Users can define and categorize risks into individual categories, such as internal and external risks, and assign risk factors and indicators to these categories. The vendor claims that this feature helps in mapping and fulfilling different regulatory requirements.

Holistic Risk Monitoring and Continuous Controlling: The vendor states that roXtra allows users to monitor various types of risks, including process and project risks, data protection and compliance risks, and product risks. Users can utilize clear and interactive graphics to filter and gain an overview of critical risks. They can also define assessment cycles for each recorded risk and receive automatic reminders for reevaluation.

Efficient Risk Analysis and Evaluation: According to the vendor, roXtra offers a wide range of evaluation options for risk assessment. Users can specify factors and indicators for risk analysis, calculate risk priority numbers (RPN) based on desired assessment dimensions, and utilize a clear risk matrix for simple or multidimensional evaluation. The vendor claims that this software provides flexible evaluation possibilities to adapt to changing conditions.

Risk Management and Measure Creation: The vendor states that users can monitor risks through the digitally mapped risk portfolio or risk matrix, filter risks based on predefined categories, departments, risk status, trends, and more. They can export risk reports in formats like Excel and integrate them into roXtra documents. Users can define appropriate actions and document them directly in the respective risk. Integration with the roXtra Processes module allows for creating and linking individual measure processes.

User Management with Role Concept: According to the vendor, roXtra offers an intuitive role concept for user management, allowing for the assignment of different roles and permissions to users.