Incom Announces Fresh Upgrade: Risk Management Software Saves $2m, Adds to Company Valuation
SYDNEY, March 27, 2017 /PRNewswire/ -- Risk-management experts INCOM announced today the newest version of the software (version 6.4) is now ready for implementation.
One of the key features of the software is its ease of installation and user access. David James-Brown, CEO of Resilienceware and JBT Global Risk: "Incom ERM raises the profile of risks in major projects... it keeps them on the desktop of project personnel, and keeps the presentation format consistent."
Traditionally viewed as staid, risk management software is increasingly viewed as mission-critical.
Effective software now can not only improve day to day risk management, but increasingly offer the power to deliver more immediate, tangible benefits. INCOM's David Watson explains:
"One UK firm added Incom risk management software to their portfolio of products. That delivered an estimated saving of about $2 million, and zero time-to-market for the client software house. That was a significant win for us as well, but what it meant for the firm was added perceived market value... as recently as August 2016 that UK company was bought by Mitratech of the USA, reportedly for the excellence of the Governance, Risk and Compliance (GRC) software."
David started the business after assisting the Greek Police get up to speed with security software for the Athens Olympics 2004. Immediately identifying a need for risk management software based on the Australian standard AS4360 (now ISO 31000), Incom was one of the very first risk management software suppliers in the market.
Incom's advantage lies in transitioning businesses quickly from 'single-user' spreadsheet risk management, to multi-user, web-enabled database-driven enterprise risk management -- usually in the shortest time (and lowest cost) possible:
"The Incom software manages multiple actions and controls seamlessly... each risk, audit finding, control and action have clearly defined owners and activity timeframes; this automates the schedule meaning actions are much less likely to slip," said Resilianceware CEO David James-Brown.
Incom CEO David Watson added: "Apart from delivering state-of-the-art risk management software, it is important to listen to your clients and to integrate their ideas into the software."
Incom's client list includes the City of Sydney, the Department of Prime Minister and Cabinet, the Western Australia Department of Attorney General, and another hundred clients in Australia and beyond. Incom is happy to supply source-code to other software companies that have an industry or regional focus.
SOURCE: Incom PTY LTD