Take smarter risks with the CCH Tagetik Risk Adjusted Planning App
When the pressure to make flash decisions is on, CCH Tagetik Risk Adjusted Planning helps you weigh the probability, consequences, and rewards of risks before moving forward.
While risk management and strategic planning are traditionally completed separately, our pre-packaged app brings the two together. Not only can you identify risks, measure them and quantify potential costs, but you can also depict volatility, exposure and probability. That way, you can better assess the risk of a given strategy, determine if you accept it and how to mitigate it. Complete with stochastic methods, like the Monte Carlo simulation, our risk adjusted planning app comes out-of-the-box with everything you need to analyze risks and develop complete strategic responses.
3 reasons why CCH Tagetik Smart NOW Risk Adjusted Planning let's you focus on your business
Pre-Built Risk Adjustment Functionality
Use our built-in Monte Carlo engine and predefined distributions to model the probability of different risk outcomes, determine possible risk correlations and test assumptions.
Manage Uncertainty
Identify, assess risks and measure the volatility of business decisions. Set value-driven metrics to monitor KPIs, establish risk thresholds, and play out what ifs according to risk exposure.
Implement Best Practices
Save time with pre-built logic using consistent standards developed from many years of implementing risk adjusted planning solutions for our customers.
Key Capabilities
Identify risks at a glance. We built this app based on universally required risk management functionality and best practices that give you the insight you need to avoid, transfer, mitigate, or accept the risk of your strategy.
- Gauge risk probability with a Monte Carlo simulation engine
- Analyze what-if scenarios according to risk exposure
- Plan to mitigate risks by allocating costs and resources
- Assess value-driven metrics and plan a full horizon of assumptions
- Define risk strategies by setting risk tolerance and thresholds
Key Benefits
Plans and risk are two sides of the same coin. This app is the missing link between planning and risk management processes. You can make plans knowing the full spectrum of risk and define a response to mitigate each one.
- Set goals while identifying risks and opportunities
- Define strategy while quantifying the impacts of risks
- Develop a plan to define risk responses
- Perform comprehensive risk exposure analysis with real-time information
- Monitor risks on real-time visual dashboards and instantly refreshed reports
Request a Demo
Our personalized demo allows you to speak directly with a senior solution specialist and discover the key functionalities of CCH Tagetik.
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