What is GOAT Risk?
GOAT Risk provides a comprehensive risk management solution designed for accessibility across all organizational levels. The platform enables users to create risk profiles, conduct assessments, implement control measures, and generate detailed reports through an intuitive interface. It features configurable templates, risk tips, and definitions to support non-experts in effective risk management practices.
The system offers flexible deployment with no lengthy implementation periods, allowing organizations to begin managing risks within minutes. Advanced capabilities include customizable heat-maps, control libraries, assessment workflows, and assurance mapping to support mature risk management frameworks. Data can be exported in formatted or raw formats for further analysis in tools like Power BI.
Features
- Risk Assessment: Integrated risk evaluation with drag-and-drop heatmap functionality
- Control Management: Control library for associating controls with multiple risks and standardizing measures
- Collaboration Tools: Assign risks and actions to owners with automated follow-up workflows
- Reporting Capabilities: Custom scope reporting and formatted risk register exports
- Flexible Configuration: Editable risk universe and customizable templates for organizational needs
Use Cases
- Enterprise risk management for financial services organizations
- ISO certification compliance and risk documentation
- Project risk assessment and monitoring
- Operational risk management across multiple departments
- Board-level risk reporting and oversight
FAQs
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What is a risk profile in GOAT Risk?
A risk profile typically contains 10-15 risks and can apply to an entire organization, division, function, country, project, contract, or any other business area. -
Does GOAT Risk require special training to use?
No, the platform is designed to be intuitive with built-in tips, templates, and tutorials, allowing users without formal risk management training to use it effectively. -
Can data be exported from GOAT Risk for analysis?
Yes, data can be exported in .xlsx format either as formatted risk register views or unformatted raw data for analysis in tools like Power BI and Copilot.
