Introducing A New Way to Streamline Your Risk Assessment Process

TRACE is excited to introduce a new tool to help you identify, evaluate and manage risks on one centralized platform, included with TRACE membership and available at no additional charge.

Whether you’re conducting an initial compliance risk identification and assessment process, looking to automate and streamline a manual and decentralized process, or re-evaluating your current procedures to improve your well-established risk assessment methodology, the TRACE Risk Assessment & Management System (TRAMS) can help you save time, internal resources and budget. TRAMS is easily deployable on your company’s intranet and allows you to:

• maintain complete and secure control over your data;
• input, consolidate and assess information about risks and controls in one place;
• quickly evaluate bribery risk exposure across a range of categories;
• assess different types of risks, including third party risk, by customizing to meet your specific needs;
• establish a risk assessment framework and methodology using the system’s built-in templates;
• seamlessly import and export data to streamline your recordkeeping and reporting process; and
• organize by region, division or subsidiary, extending use of the system across your enterprise.

TRACE membership is designed to help you build and maintain a strong culture of compliance throughout your organization. Membership benefits include unlimited eLearning, access to risk management tools and the TRACE Resource Center, complimentary attendance to webinars and events, networking and benchmarking opportunities, and more. Write to [email protected] to find out how your company can benefit from joining TRACE.