Identify and manage company risks
Easily take charge of your organization's risk management process with LATO SaaS Risk tool.
Introduce effective risk management workflows and monitoring views at all levels of the organization.
Stay on top of the overall risk status and drill down into details transparently.
Risk management process. How LATO is used?
Choose a risk classification model and establish risk practice, identify of your company's risks by topic/responsibility area.
Risk assessments and mitigation actions.
Follow-up and review: Management, processes, teams
Examples of LATO Risk tool views
Prepare risk management model
Set and structure your organization's risk management framework effortlessly on a single page.
Set categories like strategic business risks, operational risks etc. Select suitable risk topics for your organization that drive and assist in identifying risks across the organization.
Risk identification process
Effortlessly identify and assign risks bottom-up or top-down by risk category across organizations and processes. The identification makes risks visible and accumulates under company's key risk categories and topics. Risks identified are broken down into clear and manageable risk structure.
Risk assessment and mitigation actions
Perform a risk assessment using a selected scoring scale, e.g., 1-4 (probability and impact) and/or more simply with a traffic light system. Interpret the significance of the risk and draw conclusions. Plan and assign any necessary risk mitigation actions for implementation.
Advanced risk monitoring
Utilize up-to-date risk assessment data in risk reviews in the executive team and business/process units. Get to the issue quickly. Drill down and filter easily out the risk topics and areas that need to be discussed and assessed.
Document and agree on proactive or corrective decisions directly in the LATO software. Check back the history in audits.
LATO Tools SaaS for one or many management process flows
See also:
- LATO Strategy tool: Strategy, goals and business planning
- LATO OKR tool: Objectives and key results
- LATO Project tool: Programs and project portfolios (PMO)
- LATO ESG tool: Sustainability goals and reporting (ESG / CSRD)
With integrations seamlessly part of your system architecture
E.g. SSO - Azure AD user provisioning and syncing - Teams newsfeeds and views - LATO JSON API services (e.g. Power BI)
Read how our customers use LATO
LATO has helped over 100 organisations in strategy planning, strategy execution and strategy follow-up.
In LATO we believe that transparency, employee contribution and systematic goal and action planning and follow-up is the key for successful strategy implementation. This is why we created a tool that solves all this with speed and accuracy.
