Risk management information systems (RMISes) help companies and individuals involved in risk management mitigate risk through various systems that identify and prioritise it, enable decision making and provide accurate and up-to-date information on risk-related issues.
To make the right decision on which RMIS solution is right for you, it is important to consider many factors, including checking in with various stakeholders, IT hardware and software compatibility needs, the support and data security provided by the RMIS vendor, scalability, ease of use, access to training materials and technical documentation, and other key functionality to enable the best return on investment.