Risk Proof by PwC
November 23, 2021

Risk Proof by PwC

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with PwC Risk Proof

Data-based reporting for previously flagged clients, suppliers, vendors, and collaborators eliminates the risk of getting into potential frauds or crimes like tax evasion, money laundering, and many other unethical or illegal practices.
  • Data based visualization
  • Open source for data gathering
  • Thorough risk assessment
  • More market reach
  • More tools for decision making by boardroom
  • Lesser price for more client base
  • Reporting
  • Dashboard
  • Open source
  • Helped determining risks for ongoing deals
  • Helped in Decision making process in board meetings
  • Negative: Added some cost to the project
It was the tool used in the organization for risk assessment of any potential leads and deals. Before the tool, we used to analyze any risks using manual effort and approach which used to take a lot more man-hours and less reliable quantitative analysis for similar kinds of deals and scenarios.

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Risk proof is well suited for quickly finding out potential money laundering [clients] and how much risk would it pose to get into a deal with the client. Risk proof is less suited around some ethical practice assessment of an organization. Such a scenario needs more manual intervention rather than tool assessment.