Octave Reliance Risk Register software for proactive risk management

Risk register software is a centralized repository that identifies and controls all potential risks that may affect your organization. Reliance Risk Register automatically gathers risk data from all operational areas and stores it in a central repository. With greater visibility, businesses can improve operations and mitigate long-term system, process and product risks.

Reliance Risk Register offers a centralized location to create, view and analyze the risk history of your operational areas and report on trends. Not all areas will assess risk in the same way, but when data is stored in a common location, businesses can see how risk management has evolved over time and analyze trends to identify high risks that would otherwise remain hidden. With greater visibility, businesses can improve operations using risk as a benchmark for overall compliance.

Reliance Risk Register compiles risk assessments and information from all events including safety incidents and injuries, adverse events, complaints, corrective actions, job safety analysis (JSA) and behavior-based safety (BBS) and industrial hygiene monitoring. The application automatically segregates and categorizes events at the source application level, such as complaints, CAPA, audits, suppliers and injury reports.

The risk register serves as a centralized repository for known hazards and associated controls, risk templates to objectively measure risk and risk assessments from any triggering event. As the repository grows and real-world hazards and baseline data are added to it, critical business decisions are made using information that impacts almost every aspect of the business.

Reliance Risk Register allows organizations to examine and refine the efficacy of all risk management procedures and implemented controls, perform risk assessments and define actions to be taken, and provide evidence that risk has been reduced through effective actions. You can create risk assessment templates that identify severity, frequency or other risk-based criteria, then assess significant risks at any step of any process and reassess to prove effectiveness.

Reliance Risk Register provides an overall view of compliance and a centralized location for risk history. You can analyze and report on trends, adjust operations based on risk history, create risk assessment templates, assess significant risks at any step of any process, reassess to prove effectiveness of actions, and identify trends and risk analysis organization wide.