Riskology

In Australia, all companies and organisations are legally obligated to make sure they are providing a healthy and safe working environment for their employees, customers, contractors, visitors, volunteers and/or suppliers. This multidisciplinary field concerned with the safety, health, and wellbeing of all stakeholders in the workplace is known officially as Workplace Health & Safety (WHS).

While there are numerous WHS requirements, luckily they are readily available and meeting these requirements carries extensive benefits such as saving costs, higher staff retention and avoiding serious legal and business consequences.

Did you know that 56 workplace fatalities have already occurred this year (source: Safe Work Australia)? This statistic is an unfortunate fact that highlights how critical Workplace Health and Safety is, irrespective of what industry you’re in. While Australia is still ranked among the top health and safety performing nations, this statistic is still too high.

With greater focus being placed on the risk control environment these days, the challenge for a lot of risk managers is how to be across everything. The big benefit to living in the information age is that technology can be used to create a virtual centralised model via a decentralised approach.

Once your organisation has committed to building a solid Enterprise Risk Management (ERM) strategy, it will be crucial to invest in the best tools to inform and execute that strategy in order to make sound business decisions. This is where enterprise risk management software comes in and there are five essential features you need to look for.

PAN Software, leading provider of Enterprise Risk Intelligence software, is pleased to announce that the Australian Electoral Commission (AEC) has selected RiskWare after a competitive tender.