Easy-to-use Software Reduces Programs’ Risk and Mitigation Costs by 90%; ICBM Systems Directorate Achieves Greater Risk Agility
Dulles, VA, July 20, 2016 – CIOReview has selected RISKvue™ because it increases risk awareness and agility while dramatically reducing the cost of program and enterprise risk management (ERM). RISKvue is a flagship product of Compusearch, the leading provider of ERM and Compliance software to the US Federal Government and its industry partners for over 20 years.
One of the dozens of effective risk managers that use RISKvue within their ERM process is the Intercontinental Ballistic Missile Systems Directorate (ICBMSD). ICBMSD’s award-winning ERM program has enabled the program to become even more proactive, and has done so with a tenth of the staff that would otherwise be required. The program efficiently maintains a structured array of accurate risk information that enables faster, better resource allocation decisions and increases risk agility. RISKvue provides comprehensive, full-lifecycle support from risk identification through creating briefing charts with the touch of a button.
“Leading programs and agencies see the great potential of RISKvue to mitigate risk quickly, easily, and efficiently. Several Air Force, Army, and Navy PMO and PEO leaders have discontinued their contracts with the one or two legacy providers, with many planning to make a switch before November of this year,” explains Paul Edelmann, Compusearch’s head of Product Management and Marketing.
With guidance from OMB, Enterprise Risk Management has become an even more prominent imperative for DoD and Federal agencies, who are increasingly wary of ensuring financial, operational, and information security risks don’t bloom into issues. OMB intends to update Circular A-123, focusing on Risk Management requirements for Federal agencies during the next month.
CIOReview’s assessment of RISKvue can be found on page 28 at http://magazine.cioreview.com/magazines/June2016/ERM/
Program Managers and CFOs interested in seeing a demonstration of RISKvue should contact Patrick Hobson at email@example.com
Compusearch® is the leading provider of software and services that advance commerce and collaboration among program offices, acquisition experts, and contractors. Compusearch’s solutions comprise the American Cloud™ where federal agencies and programs work securely with their industry partners to improve program execution and contract compliance. Compusearch’s leading software solutions include RISKvue™ for risk management, PRISM® for federal acquisition lifecycle management, and SpectrumCLM® for Government Contractors’ Contract Lifecycle Management (CLM) processes. Compusearch serves 12 of 15 cabinet-level agencies and over 120,000 governmental and GovCon users.
Compusearch®, PRISM®, SpectrumCLM® and RISKvue™ are trademarks, or registered trademarks of Compusearch Software Systems, Inc., in the United States and/or other countries.