According to the Aberdeen Group research report “Simplifying the Audit and Inspection Process to Improve Safety”, companies using best-in-class audit procedures saw a 13% decrease in regulation citations, while all others saw a 1% increase. Origami Risk’s audit solution addresses key challenges identified in the research and provides users with the tools required to realize success.
Ease of Use
Nearly all (98%) of best-in-class companies surveyed for the report completed safety audit action items on time. With an audit process that’s onerous or overly complicated, participation rates drop. To compound the issue, valuable time is then often spent following-up with stakeholders—whether it be to send reminders of approaching due-date, to request submission of overdue audit responses, or to verify that corrective actions are complete.
A well-designed process that takes into account ease of access and drives stakeholder accountability can go a long way to ensuring timely responses and high completion rates. Providing designated personnel with direct access to audit items using Origami Risk’s custom portal functionality allows for both simplified intake of audit data and documentation of any required corrective actions. The ability to set up automated notifications, task assignment, and reminders—sent via email or displayed on a dashboard upon system login—reduces administrative overhead, fosters accountability on the part of stakeholders, and, by streamlining the process, increases the likelihood of timely audit item completion.
Award Recognizes Outstanding Employers in the Insurance Industry
Chicago, IL, September 23, 2017 – Origami Risk today announced it has been named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.
Origami Risk has grown to become the preeminent risk and insurance technology platform serving all members of the risk management community from insured corporate and public entities, to insurance carriers, brokers, TPA’s and risk consultants. Origami Risk’s products and team of experts have been built from the ground up with a singular focus on our customers’ business objectives. Origami has the most experienced team in the RMIS industry, ensuring that client service and success is the central focus of each engagement.
“Our colleagues are what separate us in the marketplace so we prioritize their development and success,” said Robert Petrie, CEO of Origami Risk. “Our strategy is to hire skilled and motivated colleagues and give them the tools and support they need to be successful. People at all levels of the organization are encouraged to collaborate and contribute, offering opportunities for growth and advancement.”
Compass Group USA risk management team acts quickly to collect business interruption and property damage details using audit and workflow tools in Origami Risk.
In a recent interview, Origami Risk CEO Bob Petrie was asked for his thoughts on the evolution of the RMIS marketplace over the past five years. Petrie cited two factors as key drivers of change in the RMIS market. The first, rapid advances in technology, has allowed RMIS vendors to provide new tools that gives users the ability to “quickly and easily integrate data” and “make full use of mobile technology”. The second driver is an increased focus on risk mitigation. While claims management features have always been a central RMIS systems component, it’s this change that has spurred the development of adaptable “tools to help manage pre-loss processes and streamline workflows, as well as to collect and disseminate critical data.”
The way in which Compass Group USA—a leading foodservice and support services provider with over 200,000 employees—is using Origami Risk in the days and weeks following Hurricanes Harvey and Irma, has served as an example of an innovative and timely use of these tools.
Join Origami Risk from October 9-10 at the 3rd Annual Chicagoland Risk Forum hosted by the Chicago and Mid-Illinois RIMS Chapters.
In its August 2017 Governance, Risk and Compliance Special, CIO Applications lists Origami Risk as a Top 25 GRC Technology Provider. Origami Risk’s configurable GRC solution allows organizations to identify and categorize risk, assess potential impact, track the effectiveness of designated controls, and effectively report on program performance.