Risk management software for forward-looking action
The risk management software for forward-looking action
Risk management software for forward-looking action
Why roXtra Risks?
Efficient risk identification
Fast recording and evaluation
Individual customization
Flexibly define risk categories and valuation cycles
Clear control
Matrices and risk reports for comprehensive reporting
Rapid integration of measures
Derive and link measures directly
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Get to know roXtra in a non-binding and free online presentation.
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Get to know roXtra in a non-binding and free online presentation.
Practical applications for roXtra risks
Occupational safety
Compliance
Data protection
FMEA & HACCP
IT security
Medical risks
Product risks
Process & project risks
Technical risks
Environmental risks
Optimize your risk management with roXtra
It is true that ISO 9001:2015 does not require companies to have an explicit risk management system, as ISO 31000 does, for example. Nevertheless, companies certified in accordance with the 9001 standard are obliged to consider opportunities and risks as part of the quality management system (QMS).
Opportunities and risks can have an impact on the achievement of quality objectives and the performance of the QMS. The risk-based approach is intended to help minimize negative effects (risks) and maximize positive effects (opportunities).
This is where risk analysis software such as roXtra Risks can be an efficient risk management tool that simplifies controlling.
- > Risk identification
- > Risk assessment
- > Everything at a glance
- > Integrate measures
- > IMS & Compliance
What are the risks for companies?
With modern risk management software, you can keep an eye on all potential risks - clearly and efficiently. Use the intuitive dashboard to easily record and describe risks in detail. Thanks to the integrated AI technology, risk descriptions, templates and other content can even be created automatically. Additional information such as responsible persons can be stored directly in the system so that clear responsibilities are defined.
Customize the software solution to your needs by defining individual risk categories, such as internal risks (company processes, IT & data protection, personnel...) or external risks (environment, politics, legal requirements...).
Assessment of risks
The risk management module allows you to categorize risks and assign risk factors and indicators to them. The risk priority number (RPN) is automatically calculated from the probability of occurrence and damage potential, allowing you to quickly identify and prioritize critical risks.
Assessed risks are automatically categorized in the risk matrix. Assessment cycles can be flexibly adapted for each risk and updated at any time so that you can react quickly to changes.
Efficient risk overview
Keep an eye on all risks: Interactive tools such as the risk matrix and the risk portfolio provide a quick overview of critical risks. Customizable filter options help you find the information you need.
Export reports directly from the system, e.g. for integration into roXtra documents. The automated reminder function ensures that important revaluations are not forgotten.
Optimal tracking of measures
After the risk analysis, you can use roXtra Measures to define procedures and document them directly in the respective risk. The roXtra Processes module allows you to create individual action processes, adapt them flexibly and link them to other workflows - ideal when several departments work together. For example, a new risk can be created directly from a complaint process.
These functions ensure clear responsibilities and optimize process integration in your company. This allows you to keep track of the status of measures and progress at all times.
Securely meet regulatory requirements
roXtra supports you in complying with complex regulatory requirements. The software modules can be used to create an integrated management system (IMS). By linking risks, measures and processes, you always have an overview and can ensure your compliance in the long term.
Whether ISO certifications, data protection guidelines or industry-specific standards - roXtra helps you to implement regulations efficiently and prepare optimally for audits. With flexible customization options and clear controlling, your organization remains capable of acting at all times.
Further information on risk management with roXtra
Risk management made easy with roXtra
What is part of risk management?
Risk management encompasses the measurement, analysis, evaluation, monitoring and control of company-wide risks. It accompanies the entire risk life cycle - from the identification of potential threats to the implementation of countermeasures and emergency plans.
The aim: to identify and exploit risks in good time. Risk management serves as an early warning system that makes dangers visible, develops measures to limit them and at the same time identifies opportunities that can contribute to optimization.
Risk management is a dynamic process: in order to effectively prevent risks and fulfill legal requirements such as early risk detection, risk management is divided into various sub-processes. This enables companies to control threats, meet legal requirements and secure long-term competitive advantages.
The central tasks of management can be divided into seven steps:
- Identify risks
- Assess risks
- Develop strategies
- Define actions
- Implement measures
- Check effects
- Monitor risks
With this structured approach, companies keep risks under control and can react flexibly to changes.
What are the advantages of risk management software?
Companies face a variety of risks every day - from economic losses to legal challenges. Without a structured approach, these can quickly lead to serious problems.
A digital risk management solution offers decisive advantages here:
- Transparent risk overview: Risks are recorded, evaluated and prioritized centrally, creating a sound basis for decision-making.
- Automatic resubmission: Important deadlines and measures are reliably monitored and submitted for processing in good time.
- Efficient collaboration: teams can work together on complex risks and measures, with tasks clearly assigned.
- Audit-proof documentation: All changes, decisions and measures are recorded in a traceable manner.
- Adherence to compliance requirements: Legal requirements and standards are automatically taken into account and adhered to.
- Risk prioritization: The most important risks can be identified at a glance thanks to color coding.
- Dynamic reporting: Risk analyses and reports can be created and updated in real time.
What risk management systems are there?
Risk management systems are essential for identifying, assessing and effectively managing potential risks for companies. Various international standards provide a solid basis for implementing risk management processes across industries or specifically.
Which standards deal with a risk management system?
ISO 9001: As the "basic" standard for quality management, it contains integrated requirements that embed risk management in the optimization of business processes.
ISO 14971: A central standard for risk management in medical technology that ensures the safety of medical devices.
DIN EN 15224: Based on ISO 9001, but specific to the European healthcare sector, the standard combines quality management with the requirements for risk management in medical contexts.
ISO 22301: Focuses on business continuity management (BCM) and helps companies to prepare for and minimize risks such as disruptions.
ISO 27005: As part of the standard for information security management systems (ISO 27001), this standard offers a specific approach to risk management in the area of information security.
ISO 31000: This standard provides general principles and guidelines that are suitable for all industries to systematically manage risks.
ISO 45001: As an international standard, it describes requirements for occupational health and safety in order to minimize risks in the workplace.
DIN EN IEC 80001-1: This standard deals with risk management for IT network integration containing medical devices, which is particularly important in the healthcare sector.
How do you set up a risk management system (with software)?
Setting up a risk management system (RMS) requires a systematic and structured approach to effectively identify, assess, manage and monitor risks in a company. The following questions provide a brief guide to setting up an RMS that can be adapted to the specific needs and requirements of a company:
1. planning and framework conditions
What goals should be achieved with the RMS? Which areas and risks should be covered?
2. organizational structure
How are responsibilities organized? How can the RMS be integrated into existing structures?
3. risk identification, categorization and assessment
Have all risks been recorded, categorized and evaluated, for example using the risk priority number?
4. control and measures
What are the risk strategies and measures? Are there contingency plans for critical risks?
5. integration
What indicators point to the successful integration of risk management in the company?
6. monitoring and reporting
Does the risk monitoring provide the information required by stakeholders? Is the RMS effective?
8. continuous improvement
Can the RMS be adapted using the PDCA cycle?
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roXtra Documents
Manage documents according to standards and in individual workflows.
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