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All organizations have a responsibility to their stakeholders, shareholders and employees to ensure the continuity of their operations. Significant incidents can occur anywhere and at anytime. The implementation of a Business Continuity program will reduce your operational risk and a give better understanding of the potential impacts to your organization.
"80% of businesses affected by a major incident either never re-open or close within 18 months" (Source, Axa)
Our Business Continuity software is designed to help organizations identify potential risks to their operations and create plans to mitigate those risks or help the business recover after a significant event or disruption. Having business continuity plans in-place prior to an incident allows the organization to respond in a rehearsed and organized manner. Not having Business Continuity Plans can result in:
- Brand damage
- Loss of Market share
- Impact on share price
- Loss of Revenue/Cashflow
- Loss of Critical Suppliers
- Corporate Exposure/Contractual Liability
- Financial Control
Our Business Continuity application has been designed as a holistic approach to recovery planning. The Business Continuity application is comprised of three integrated functions which are absolutely necessary for proper recovery planning.
Major Application Functions:
- Operational Planning
- Information Security Management
- Disaster Recovery Planning
EXP adds value to your Business Continuity Planning by seamlessly integrating Operational Planning with Information Security and Disaster Recovery. Historically these functions are administered separately by different areas of the business (e.g. manufacturing, compliance & information technology). The problem is that these functions traditionally perform their BC planning without tight integration of dependent functions.
EXP has development a methodology to properly construct and administer a Business Continuity Program. By tightly linking these functions, EXP can properly assess all areas of the business and automatically generate business continuity plans through a set of pre-defined criteria and business impact analysis. In addition, our flexible platform can easily add additional business continuity requirements for your organization.
A high level set of system functionality has been listed below. But to get a real feel for the depth & breath of our application please contact us for a demo.
Business Continuity, Information Security & Disaster Recovery system functionality:
- Controlled point of entry & administration for all BC, Information Security & Disaster Recovery program management
- Data definitions configured to any organizational structure
- Identification, Administration and Reporting of:
- Business Critical & Non-Business Critical Processes
- Business Critical Position Holders
- Business Critical Projects
- Business Critical Vendors
- Disaster Recovery Requirements
- Information Assets
- Execution, Administration and Reporting of:
- Business Impact Analysis
- Application Risk Assessments
- Source/Format Risk Assessments
- BC & ISEC process flow with automated notifications and frequency definitions
- Corrective / Preventative Action Management & Tracking
- Reporting on all aspects of data and relationships maintained in BC & ISEC application including:
- Business Continuity Plan (generation & “up-to-date” tracking)
- Business Resumption Plan & Critical Dependencies
- Risk Matrix based on Business Impact Analysis & Risk Assessments
- Powerful tools for import & export of data
Please contact us any time for additional information or product demonstrations.
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