Risk Management Features
Risktrac provides a number of key features to provide a comprehensive legal risk management system:
System access levels will determine what modules will be available to users in Risktrac.
System users can draft, modify, store and access policy and procedure documents related to the areas of risk which Risktrac is managing.
All employees will have some level of access to logs determined by their role. Employees use the log section to register legal incidents, risks and hazards which are then routed to the appropriate reviewer for assessment and control.
Users can be notified on a role specific basis of newly registered incidents, assigned controls and items needing attention or review. Notification can be email or text based.
Risktrac can extract a wide variety of reports from the data collected including information on quarterly board reports to give an overview of the organisations current position in relation to legal incident and risk management.