Many organisations have an Enterprise Risk Management (ERM) program, however, are these systems efficient and effective in helping to manage all risks?

Founded in 1997, CorProfit is a world leader in risk management providing enterprise risk management solutions through strategic consultancy, methodology and technology to leading organisations in the public and private sector. Headquartered in Sydney, Australia, CorProfit has helped over 100 clients globally, many of whom are leaders in their industry.

CorProfit developed the KnowRisk® platform, one of the first operational risk management systems to be developed globally. KnowRisk® is fully compliant with ISO31000 and supports ERM through the ongoing review and management of risks, consequences and controls and incorporates unique methodologies to help future-proof the application which places it significantly ahead of competitors.

The KnowRisk® application can replicate current paper-based and spreadsheet systems and enable enhancement by being able to ‘switch on’ additional fields as the need arises without the need for altering source code. As risk is dynamic, circumstances change, and it is essential to periodically review the risks.

CorProfit is the perfect equilibrium; we have strong and proven core expertise in design Risk Frameworks and Implementation Plans, with IP that is embedded in the KnowRisk® platform. We also work with a range of professional consultants that add value and complement CorProfit’s services.