ServiceNow IRM

ServiceNow IRM

ServiceNow Integrated Risk Management: Proactive and Intelligent Risk Management

By automating workflows and consolidating risk data, IRM empowers businesses to make informed, data-driven decisions to protect and enhance their organization's operational and strategic objectives.

ServiceNow Integrated Risk Management (IRM) offers a centralized platform to streamline risk, compliance, and audit management, enabling organizations to proactively manage risks, maintain compliance, and strengthen their resilience.

Service image

Challenges Addressed by ServiceNow IRM

Siloed Risk and Compliance Processes

Siloed Risk and Compliance Processes

Many organizations struggle with fragmented risk and compliance practices, leading to inefficiencies and a lack of visibility. ServiceNow IRM centralizes and standardizes these processes, improving coordination and providing a unified view of enterprise risk..

Manual Risk Management and Compliance

Manual Risk Management and Compliance

Traditional methods of managing risk and compliance are often resource-intensive, time-consuming, and prone to errors. IRM automates routine tasks, enabling teams to identify, assess, and mitigate risks more efficiently.

Inability to Proactively Manage Risks

Inability to Proactively Manage Risks

Without real-time insights and proactive monitoring, organizations may only respond to risks after they become issues. ServiceNow IRM provides predictive analytics and monitoring capabilities, allowing teams to address potential risks before they impact operations.

Complex Regulatory Compliance Requirements

Complex Regulatory Compliance Requirements

With evolving regulations, staying compliant can be challenging and costly. IRM helps organizations streamline compliance tracking, assess regulatory impact, and maintain a continuous state of compliance with minimal effort.

Benefits to Customers

Enhanced Risk Visibility and Control

Enhanced Risk Visibility and Control

By centralizing risk and compliance data, ServiceNow IRM provides comprehensive visibility, enabling organizations to better understand and control their risk landscape.

Improved Efficiency with Automated Workflows

Improved Efficiency with Automated Workflows

IRM automates key risk management processes, freeing up resources and allowing teams to focus on strategic initiatives rather than manual compliance tasks.

Data-Driven, Proactive Decision Makin

Data-Driven, Proactive Decision Makin

With real-time risk insights and predictive analytics, IRM allows organizations to make informed, proactive decisions that align with their risk tolerance and business objectives.

Streamlined Compliance Management

Streamlined Compliance Management

ServiceNow IRM simplifies regulatory compliance with continuous monitoring, automated assessments, and real-time compliance tracking, reducing the risk of non-compliance and associated penalties.

ServiceNow IRM Offerings

ServiceNow IRM includes a suite of modules designed to help organizations manage risk, compliance, and audit processes more effectively

Risk Management

Risk Management

Identify, assess, and monitor risks across your organization with a centralized risk management solution. Risk Management helps prioritize risks based on impact, providing insights into potential threats and enabling effective risk mitigation.

Policy and Compliance Management

Policy and Compliance Management

Maintain, update, and enforce policies to ensure regulatory compliance. Policy and Compliance Management enables organizations to automate policy distribution, track compliance, and monitor the effectiveness of controls.

Audit Management

Audit Management

Streamline audit processes with a centralized platform for planning, conducting, and reporting audits. Audit Management helps organizations reduce audit preparation time and improve audit accuracy and effectiveness.

Vendor Risk Management (VRM)

Vendor Risk Management (VRM)

Identify and mitigate risks associated with third-party vendors. Vendor Risk Management assesses vendor compliance, tracks performance, and provides a framework for managing vendor-related risks effectively.

Business Continuity Management (BCM)

Business Continuity Management (BCM)

Ensure operational resilience with a business continuity plan that addresses potential disruptions. BCM provides a structured approach to disaster recovery, helping organizations remain resilient in the face of unexpected events.

Operational Risk Management

Operational Risk Management

Manage operational risks within a unified platform. Operational Risk Management allows organizations to assess risk exposure across operations and respond quickly to prevent disruptions.

Continuous Control Monitoring (CCM)

Continuous Control Monitoring (CCM)

Automate the testing and monitoring of controls, ensuring they operate effectively. CCM provides real-time data to help teams identify control weaknesses and address them promptly.

Regulatory Change Management

Regulatory Change Management

Track and respond to regulatory changes with ease. Regulatory Change Management enables organizations to keep up with evolving regulations and ensure that policies and controls remain aligned.

Our Approach: Tailored ServiceNow IRM Implementation

Our approach to implementing ServiceNow IRM focuses on aligning your organization’s risk and compliance needs with the platform’s capabilities, creating a robust framework that adapts to evolving risks and regulatory demands. Here’s how we deliver a tailored IRM solution

We begin by assessing your current risk and compliance landscape, identifying key challenges, and understanding your objectives. This enables us to design an IRM solution tailored to meet your organization’s specific needs.

Initial Assessment and Requirement Analysis

Based on our analysis, we design a customized IRM solution. This includes configuring core modules like Risk Management, Compliance, and Vendor Risk Management, and defining workflows to streamline your organization’s risk and compliance practices.

Solution Design and Configuration

Our team oversees the complete implementation, ensuring seamless integration with your existing IT ecosystem. We set up key modules, connect with external regulatory sources, and ensure all risk data flows accurately for optimal performance.

Implementation and Integration

We conduct tailored training sessions to help your team effectively manage risks using ServiceNow IRM. Training covers platform features, best practices, and incident response, ensuring your team is well-prepared to leverage the platform.

Training and Knowledge Transfer

We provide full support during the go-live phase, ensuring that all modules function smoothly and users are confident in using the system. Our team remains on standby for troubleshooting and guidance, ensuring a successful transition.

Go-Live and Support

As risk management needs evolve, we partner with your organization to optimize and scale ServiceNow IRM. Our continuous support ensures your IRM solution remains agile, effective, and aligned with regulatory changes.

Ongoing Optimization and Strategic Partnership

Integrated Risk Management (IRM)

ServiceNow IRM empowers organizations to identify, assess, and mitigate risks proactively while ensuring compliance with industry regulations.

Visual representation for Integrated Risk Management (IRM)

Start the Transformation Journey Now and turn your Aspirations into Reality!

Ready to redefine success?

Get in touch for bespoke solutions that transform your vision into a digital reality.

contact@enablenow.com

Get in Touch
©Enablenow. All Rights Reserved by Enablenow