THE REGULATORS ARE COMING!
SWIMMING IN PAPERWORK
Sam, the CEO is attending the board meeting and as you can see he is stressed out. This might sound familiar. Sam is trying to provide an update to the board on the institution’s risk profile. On top of that his regulators are coming in next week. Sam is struggling and the board is frustrated. Between all the audit reports, risk assessments and other key indicators, it’s hard to get a clear picture of where things stand across the entire organization.



FINDING A SOLUTION
With only a week to prepare, Sam starts doing some research and purchases ERM 365 to help. Implementation specialists quickly customize ERM 365 for Sam based on his operations and within hours automated surveys start going out to all department heads requesting status updates on key risk indicators within their areas.



USING THE POWER OF EMAIL
Minutes later, department heads receive an email alert from Sam asking for updates on critical risk management issues.



GET FEEDBACK FAST
Department heads open their email and respond to select questions by checking the appropriate answer choices. Within a few minutes, department heads have updated their current status and submitted their answers in ERM 365.



SEE RISK IN REAL TIME
Moments later Sam gets an email alert indicating there have been changes to the institutions risk profile. Sam opens the risk monitor to see specifics. Sam is quickly able to see that things are going fairly well but there are a few areas of concern that needs to be brought to the boards attention.



A SINGLE SOLUTION
Having a much better handle on the risks his institution is facing, Sam is now confidently able to update the board and his regulators with the click of a button. No more sorting through binders or piles of paper. Department heads are now periodically updating their current status and all Sam has to do is login to ERM 365’s Risk Monitor for real-time updates. After a long day, Sam is thinking "Now that was the best money that I ever spent. ERM 365 is powerful, yet simple to use. I gotta tell my other CEO friends about this."