SoftExpert Suite 2.2.3 is here to revolutionize risk management. The new version incorporates Artificial Intelligence (AI) to deliver smarter and more effective risk management by simplifying how you identify, structure, assess, and mitigate risks in your organization.
In this post, we will explore the three main ways you can use AI to optimize your risk management, speed up structuring and provide more security to your operation.
Building and maintaining a complete Risk catalog/library with AI
Having a well-defined and detailed catalog is essential for monitoring and controlling information. With version 2.2.3, you can enlist the help of AI to create a complete, detailed, and personalized risk library. Just select the type of risk you want, and the AI will generate specific suggestions for your needs, assisting in structuring and saving time and effort.
In this way, AI allows you to refine your structure, offering suggestions for risk catalogs that are fully aligned with the specific needs of your organization and the indicated risk.
So you can choose the risk profile that best suits your goal and let the AI indicate the most appropriate options. See an example below:
When asking the desired question, the system suggests a complete list that helps in generating the risk catalog:
The help of AI in this context can be used in various functionalities within the platform. Some of the main examples are source of risk, treatment, consequence, best practice, objective, and context, among others.
More complete Risk Descriptions
Describing a risk clearly and consistently is key to effective management. Our AI assists in this process, suggesting detailed descriptions according to your needs. In addition, you can use specific commands to refine the text, such as summarize, improve, simplify, or make the language more professional.
According to your specific need, AI provides that risk descriptions are technical and aligned with what you need.
This gives you complete control over the final content, and you can adjust or change the AI’s suggestions as needed.
Preventive or corrective Action Plans
Risk prevention and mitigation require the development of detailed action plans. With our solution, you can rely on AI to create personalized action plans, identifying the actions needed to prevent or mitigate each risk.
By identifying a need for an action plan, AI can be used to optimize the construction of the detailed action plan and prevent a certain situation from happening.
In addition, the suggestions for details and structuring of action plans can be adapted to the characteristics of each risk, ensuring greater flexibility.
Revolutionize your risk mapping activities
Version 2.2.3 of SoftExpert Suite uses the power of artificial intelligence to offer a great possibility for transformation in your risk management. By providing quick and structured suggestions, AI allows you to focus on more value-added activities, such as strategic decision-making.
This gives you a strong competitive and operational advantage while also reducing your risks and improving your overall performance. Some of the benefits of having this tool are:
- Increased efficiency and productivity;
- Improvement in the accuracy and quality of information;
- Cost reduction;
- Increased compliance;
- More strategic decision-making.
Discover how AI can transform your risk management, check out the Release Notes.