Monthly News Archives: Sep 2017

Compass Group Uses Origami Risk to Track Impact of Hurricanes Harvey & Irma

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.

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Origami Risk GRC Solution Cited for Flexibility & Automated Workflows

Origami Risk's GRC solutions win award

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.

The article states that the flexibility of Origami Risk core GRC elements–risks, controls and other risk-related records–is “critical to the success of a GRC technology.”

The ability to drive efficiencies through use of a single repository for all organizational risk data and the incorporation of automated workflow tools was also noted. “With risk-related data stored in a single system, Origami Risk’s automated workflow tools — that include the generation of tasks and transmission of email notifications — can be configured to streamline the processes of defining risk, implementing controls and assessing the efficacy of controls.”

To download the article click here.