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CMiC Corporate Risk Management

CMiC Corporate Risk ManagementCMiC Open Enterprise v10 lowers the risk metric of your organization by consolidating information and providing superior business intelligence with flexible reporting that allows executives to monitor key risk indicators.

Keeping track of compliance on the state, country and international level is a key challenge for large organizations in the construction and capital project space. Accounting and financial standards can vary geographically and CMiC Corporate Risk Management ensures compliance across all standards.

CMiC Open Enterprise v10 gives users the ability to track and audit all transactions, which, when combined with unrivalled access to information, ensures that your organization complies with any regulations, an important element in obtaining government contract work.

CMiC Corporate Risk Management tracks subcontractor insurance and past work performance, sending alerts from the field to the office when a discrepancy is found. Integration with CMiC HCM and CMiC Subcontractor Relationship Management enables project executives to ensure that all employees and project stakeholders are insured and compliant.

CMiC Corporate Risk Management offers a central, pre-qualified vendor database for organizations who opt for Contractor Controlled Insurance Programs (CCIP). The vendor database contains subcontractor information that has been vetted by a risk manager. This ensures that before any contracts are signed, the subcontractor meets your organization's quality standards. By making the central vendor database accessible to project executives in a timely manner, CMiC Corporate Risk Management enables better business decisions that control risk.

CMiC Corporate Risk Management increases access to accurate information, improves compliance and gives users the tools to reduce risk across the entire organization. 


 

Features Benefits
Track compliance on the state, national and international level Monitor key risk indicators and make adjustments
Comply with accounting standards across different geographical regions Create accountabilities
Track and create an audit trail for all transactions Connect key performance indicators to risk indicators
Utilize a central, pre-qualified vendor database Lower the risk metric on every project

 

 

CMiC Corporate Risk Management Modules
  • Compliance Management
  • Worker's Compensation
  • General Liability