Risk Processor Light 1.17

Risk register is essential in achieving transparency

To achieve transparency, it is essential that there is insight into the risks which a company faces. Per risk needs to be clear what the likelyhood and the effect is. If necessary even made financially. It also helps in setting priorities: the highest risks must be tackled first. Besides standards such as PAS55 require risk information is stored and maintained in a risk register. Enterprise Resource Management (ERP) systems and Enterprise Asset Management (EAM) systems do not have this functionality.

We have two budget friendly solutions: Risk Processor and Risk Processor Light. The similarities and differences can you see below.


- 65,000 risks can be captured. Per risk detailed information can be stored such as description, mitigation measures, responsible, status, frequency and impact per business value, cost, revenue
- Automated calculation of net present value of mitigation measures
- Relation to an external file can be selected in which risk information is captured such as the management decision
- Several sort options per risk
- Risk Register contains 6 levels of severity and frequency. The severity and frequency for each level can be changed
- View of risk in risk matrix with automatic display of risks per risk level
- Automatic calculation of monetary equivalent (= financial) value of risk, expected value per business value and monetary equivalent per business value - Names of business values (6) can be changed
- Effect matrix with 6 levels. Levels can be changed
- Risk information can be added, deleted or changed
- Open data standard based on Excel format. Export function available
- Data lists (metadata) can be added (status, employee, cause, entity, reaction, impact and sort). Up to 150 items per list
- Automatic labeling and categorization of data lists after adding a new label
- Risk Matrix with 6 types of likelihood and 6 types of effect can be changed by user Automatic backup possibility
- Multilingualism. Selection of standard texts in Risk Processor possible in English, German and Dutch. Other languages can be added on request (please contact us)
- User-specific labels with names can be changed
- Risk Processor works on the PC where the program is downloaded and the registration key is asked for. On another PC it does not work
- For some messages standard Windows messages are used. The language of your Windows version and language can infuence these messages (eg saving changes)
- Supports ISO compliant processes (eg ISO 31000, 9001 and 14001)
- Provides specific requirements of PAS55, NTA8120 and ISO224
- Open data using standard Excel format. Data can be edited after export in standard Excel application
- Data is stored encrypted. Protected against inadvertent copying and use on other PCs
- Automated audit trail for added, deleted or changed data
- No annual licence costs

Risk Processor Light is a version of the Risk Processor risk register in which some functionalities are not available. The required investment is even smaller than the investment for Risk Processor!

Requirements:	No special requirements
Release Date:	July 12, 2012
Platforms:	WinXP, Windows Vista, Windows 7
Keyword:	Business,  Processor,  Register,  Risk,  Work
Users rating:	0/10