Covalent Risks
Covalent Risks consolidates all your risk registers in one place, with traffic-lighting to highlight areas of concern.
“Covalent is far better than the diverse mix of spreadsheets and other systems that we previously had dotted across the Council.”
Charlie Proctor, Dumfries & Galloway Council
Covalent makes managing risks simpler & better
Easily identify problem areas with traffic-lighting to show current status and quickly identify potential problem areas
Monitor effectiveness of internal controls and risk measures
Get everyone using a consistent method for scoring risks based on risk Likelihood and Impact
Proactively manage risks, with regular reassessments using Triggers to issue reminders to risk owners, instead of continually chasing people by phone or personal email
Track progress on remedial action plans, designed to mitigate the impact of certain risks
Examine the impact of risks on your corporate priorities with Covalent Scorecards