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What is IRIS Intelligence?

The IRIS Intelligence Risk Management Software is positioned as a comprehensive solution designed for strategic, enterprise, and program risk management. According to the vendor, this software caters to organizations of various sizes across industries such as aerospace & defense, construction & infrastructure, financial & professional services, government sector, and energy & utilities. It is intended for use by risk managers, risk experts, project managers, program managers, and risk consultants to identify, assess, prioritize, and manage risks within their organizations.

Key Features

Best Practice Management Practices: According to the vendor, the software allows users to swiftly incorporate best practice risk management processes from ISO 31000, PMBoK, ISO 27001, or government risk guidance. It also enables consistent risk assessment within each register while adapting to different environments.

User-Friendly Features: The software offers an intuitive user interface that requires minimal training, as per the vendor. It includes a secure audit trail to track historic changes and prevent data loss. Additionally, users can instantly import/export data to Excel and PowerPoint for generating risk reports.

Flexible Technical Features: The vendor states that the software provides the option to host the system in-house or utilize IRIS as a SaaS solution. Users can license individual users or share concurrent licenses across a team. The system is fully customizable to match specific organizational preferences and reporting requirements.

Tailored Support for Risk Practitioners: The vendor offers online and on-site coaching for risk practitioners at all levels. They also provide tailored coaching programs focused on specific objectives, including risk identification, prioritization, and management.

Risk Consulting Services: According to the vendor, they offer independent risk consulting services for organizations of all sizes. These services include risk identification support, organizational risk assessment, risk maturity analysis, cost-benefit analysis, and program/portfolio analysis.

Risk Management Training: The vendor provides public and corporate courses covering various aspects of risk management. These courses include risk management introduction, generating value through risk management, risk management coaching, and risk management consulting. They also offer tailored training for specific industries and professions.

Issue and Opportunity Management: The software allows users to manage issues and opportunities alongside risks, according to the vendor. It retains a full history and audit trail of the risks that led to issues. Users can expect accurate, reliable, and timely information with automated email reminders and system flags.

Rapid Delivery and Deployment: The vendor offers custom solutions based on business process requirements, which can be deployed in-house or hosted for easy access. The software provides browser-based access for seamless implementation.

Flexibility and Security: According to the vendor, the software is built using a secure code base with best-in-class security practices. It includes an extensive preferences editor for customizing the software without code alterations. Users can also benefit from user-friendly features such as instant exports, automated email reminders, and a personalized user experience.

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