© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - From Fear to Preparedness: Mastering Risk and Process Management
Posted 6th February 2024

From Fear to Preparedness: Mastering Risk and Process Management

In recent years, there has been a significant increase in the demand for combined risk management and process tools.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

From Fear to Preparedness: Mastering Risk and Process Management
people sat at table at a meeting

In recent years, there has been a significant increase in the demand for combined risk management and process tools. Of course, this is primarily due to the surge of technological advancements but also increased vulnerability to risks that we, as a society, have faced over just the past decade alone. Since 2015, CERRIX has been delivering operational risk management for banks, but it has gradually shifted its focus to become a full scale GRC tool provider. Now heralded as the Best Risk & Process Management Software Provider 2023 – Western Europe, CERRIX promises to stay one step ahead of the game.

Responding to the ever-present need for integrated GRC tooling, CERRIX is a software provider whose creativity and innovation knows no bounds. Initially founded in 2015, it has since enhanced and upgraded its software products with one sole goal in mind – to deliver a comprehensive suite of services that are set on ensuring  risk and process management. Across the industry, it’s exceedingly common for firms to provide a single tool for each risk domain, resulting in a very cluttered and inefficient approach. Aiming to eliminate this issue is CERRIX, with its integrated solutions proving to be game changers on the wider market.

Covering all risk domains, from privacy, cyber security, and quality control to process management, tax, whistleblowing, and financial accounting, CERRIX’s integrated solutions are more than deserving of the recognition that they have received. After all, the company is acutely aware of how crucial it is to connect business process management, audit and risk management, while also demonstrating an immense love for European geography. Combined, these factors allow it to differentiate itself from its competitors – while some may promise an understanding on a smaller scale, CERRIX holds a capability that others simply can’t hold a candle to.

Aspiring to become a dominant player in the European risk management market, CERRIX utilises its two interconnected disciplines to guide itself forward. By recognising the vital role that these aspects play in the success of both the company and its software, it concocts a brilliant union that has certainly spurred it forward in its journey towards achieving its primary goal. Despite each of its own strengths possessing their own objectives, combined they complement one another in efficient, effective, and resilient ways. However, to better understand how CERRIX succeeds so flawlessly in this vein, we feel it necessary to explore the intricate relationship between risk and process management.

While risk management focuses on the identification, analysis, and response to potential threats to a company’s overarching goals and objectives, process management handles the systematic design, implementation, and evaluation of business processes. When paired together, it creates a concoction of brilliance – one that, in turn, is able to bring an entirely new approach towards guaranteed business success. The process management, often exposed to a myriad of risks, is ultimately covered by risk management and monitoring, allowing it to mitigate issues before they even arise. Fundamentally, it produces a stable framework that companies can utilise to improve their inner workings, without having to dedicate an excess of resources to do so.

Drawing on insight from CERRIX itself, we came to learn some fascinating details about the roles and responsibilities of process managers. Process managers are expected to be held accountable for proper risk management, often times meaning that they need to continuously evaluate a multitude of business processes. From the control environment, vulnerabilities, status of improvement initiatives, and root-cause analysis of incidents, to metrics pertaining to the internal workings of a company, it’s a process manager’s duty to ensure all stays on track. This is where CERRIX comes in – it can reveal the processes that require special attention, ensuring a straightforward approach towards risk management as a whole.

All businesses will agree that having risk management reports is needed, but there’s a unanimous agreement that preparing these reports is almost always a very laborious task for any involved. As such, many operational managers are wary to embrace risk management – by doing so, they fear the extra workload for the team and often do not understand the need for it. To rectify this, risk managers and board members seek to remind process managers that risk management is also a part of their responsibility. The CERRIX tooling will bring  more automation to the data gathering process as needed for obtaining insights about potential threats and the status of the control environment, thus this will significantly lower the workload for the operational staff.

In order to convey this, CERRIX developed a wholly unique control assurance model. Geared towards increasing efficiency, whilst simultaneously providing insights at a much faster pace than ever before, the model ensures that businesses see increased levels of efficiency. The automation that it presents plays a key role in the aforementioned efficiency surge; data driven companies gain a resolute framework and culture, wherein data is prized and utilised to full effect to make decisions across the wider organisation. Essentially, CERRIX sees that businesses are making the most of the data they have access to, all in the hopes that it can excel their risk and process management growth to astounding rates.

CERRIX has made a name for itself in the ways it has reinvented the market’s processes. Its software homes in on all of the vital components of risk and process management, ultimately bringing them together to forge an entirely new approach to the field. The result is clear – companies and businesses alike can make full use of the data at their fingertips to uphold the expectations of their respective roles. As such, it’s clear that no company deserves the title of Best Risk & Process Management Software Provider 2023 – Western Europe quite like CERRIX.

For business enquiries, contact Paul Bruggeman from CERRIX on their website – www.cerrix.com

Categories: News, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Wealth Planning Solutions That Matter
Finance
04/03/2024Wealth Planning Solutions That Matter

Firmly established within the heart of the financial services industry, Lombard International Group (Lombard International) sits at the intersection of wealth management, private banking, and insurance. With more than 30 years’ experience, Lombard Internatio

Read Full PostRead - Eye Icon
Empowering Individuals to Live a Life They Choose to Lead
Strategy
30/08/2019Empowering Individuals to Live a Life They Choose to Lead

Angel Heart Home Care provides support for vulnerable adults who are wanting to live independently within the community. Following their success in AI’s Global Excellence Awards 2019 where they were recognised as the Best Luxury Home Care Services Providers,

Read Full PostRead - Eye Icon
How to Effectively Scale Your Business With Guest Blogging
News
04/02/2022How to Effectively Scale Your Business With Guest Blogging

Capturing your audience’s attention in this volatile and competitive market isn’t easy. People are constantly bombarded with online content, and to stand out, your content marketing strategy needs to be on point. A blog is a great way to get customers to p

Read Full PostRead - Eye Icon
What Are the Possible Impacts of Flipkart Purchasing eBay India?
Finance
20/04/2017What Are the Possible Impacts of Flipkart Purchasing eBay India?

Electronic commerce company Flipkart has recently announced that it will be purchasing eBay India. This is in an effort to further their influence in the country against rival company Amazon, and is surely a move which will serve to heighten competition betwee

Read Full PostRead - Eye Icon
Hillarys transforms contact centre operations with IPI
Finance
08/10/2019Hillarys transforms contact centre operations with IPI

Contact centre enhancements save £500K in first year, reduce attrition rates, boost customer experience and employee engagement as part of programme of digital transformation.

Read Full PostRead - Eye Icon
How to Improve your Chances of Being Eligible for a Claim
Legal
16/05/2023How to Improve your Chances of Being Eligible for a Claim

You have a chance to claim back hundreds or even thousands of pounds if you have ever been overcharged or mis-sold financial products. 

Read Full PostRead - Eye Icon
Protecting Money in the Digital Age
Finance
13/11/2023Protecting Money in the Digital Age

Money Protects is an innovative financial and technology company based in Dubai, focused on providing clients with services relating to managing wealth and ensuring stable finances that will keep them debt free for a sustainable future.

Read Full PostRead - Eye Icon
The Role of Innovation in Modern Marketing Strategies
News
28/05/2024The Role of Innovation in Modern Marketing Strategies

In the dynamic terrain of modern marketing, innovation isn’t just a buzzword; it’s the linchpin of success. Whether you’re managing an HVAC company or overseeing an eCommerce empire, novel strategies can dramatically amplify your reach and pr

Read Full PostRead - Eye Icon
How You Can Unify Data For Heavy Equipment Parts
Innovation
17/12/2020How You Can Unify Data For Heavy Equipment Parts

Organizing data is a requirement in any business to run various areas smoothly.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow