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Predict360 by 360factors

Score8 out of 10

1 Reviews and Ratings

What is Predict360 by 360factors?

Predict360, the flagship software solution by 360factors, is a Risk and Compliance Intelligence Platform augmented with Artificial Intelligence technology to predict and mitigate operational risks while streamlining regulatory compliance. Predict360 integrates regulations and obligations, compliance management, risks and controls, KRIs, audits and assessments, policies and procedures, and training in a single cloud-based SaaS platform based on artificial intelligence to provide predictive analytics and unique insights for predicting risks and streamlining compliance.

Media

the Enterprise Risk Management Dashboard

Top Performing Features

  • Integration with Corporate Performance Management (CPM) systems

    Ability to integrate with external CPM software

    Category average: 6.7

  • Common repository of GRC items

    A common repository linking all GRC elements such as policies, risks, regulations, etc.) to give a 360 degree view

    Category average: 7.7

  • Risk management

    Risk management capabilities including alert engine to warn of trending risk exposure and risk visualizations like heat maps, dashboards, etc.

    Category average: 7.4

Areas for Improvement

  • GRC policy management

    Support for policy lifestyle changes including creation, approval, communication etc.

    Category average: 7.5

  • Incident management

    System captures risk-related incidents, including cause and result

    Category average: 7.3

risk and intelligence platform

Use Cases and Deployment Scope

Predict 360 is a cloud-based predictive analytics platform that combines predictive modeling, machine learning, and artificial intelligence to deliver insights that help organizations make better business decisions. This platform enables users to build models, extract data, and visualize insights. Predict 360 helps businesses identify patterns and trends, uncover opportunities, and make informed decisions in order to maximize their business performance.

Pros

  • Machine learning is used to identify patterns and trends in data, and to automate decision-making processes.
  • Artificial intelligence is used to identify patterns, trends, and correlations in data, and to automate decision-making processes.
  • Visualizing data helps users quickly identify patterns and trends in data.

Cons

  • the platform can be expensive for businesses with limited resources
  • the predictive models generated may not be accurate due to data inconsistencies or other factors.
  • the platform may not be suitable for all businesses since its features may not meet their specific needs.

Most Important Features

  • Machine learning is one of the most important feature of predict 360 organizations
  • Predictive modeling helps identify correlations and patterns in data to predict future outcomes.
  • Automation helps users automate their workflows and improve operational efficiency.

Return on Investment

  • it has helped in decision making using predictive analysis
  • it uncovers opportunities, helps to understand trends in data and automates the decision making process