Risk Management
Overview
In the construction industry, as much as 65% of insurance claims are related to business losses, as opposed to the direct costs of industrial incidents and accidents. With that in mind, robust risk management is necessary to properly prioritize and mitigate project and overall business risk. A centrally accessible risk register is essential for project management. Take it a few steps further by:
- Linking risk mitigations with the person or role responsible for it
- Automating equipment alerts to the relevant person
- Configuring decision thresholds so that issues are escalated to the next managerial level automatically
- Monitoring performance from dashboard, in the office and remotely
- Up-to-the-minute analytics create fast responsiveness to issues in the case of process breakdown.
Risk mitigation capabilities are also possible beyond project management. in the order lifecycle. Similar to lead scoring, configuring automated risk scores can be used in the order lifecycle:
- Order tracking
- Repeat orders
- Unusual orders
- This can prevent fraud from entering order processing and minimize risk in order management.
Outcomes
Improved safety and quality record
Clockworx keeps your business safer and audit ready with track and link documentation; automated warnings, notifications, and updates; across-company compliance reporting.
Clear compliance with internal & external regulations
Regulations are complex and can seem conflicting, especially when operating internationally. Make it manageable with Clockworx.
Challenges
Managing Compliance
Create an audit-ready environment with full workforce buy-in thanks to a collaborative toolkit from Clockworx.
Managing Decrease In Productivity
Bypass sluggish communications and tackle bottlenecks in productivity with immediate data and live performance insight on the Clockworx dashboard.
Managing Supply Chain Instability
Clockworx inventory management and production and delivery controls help you keep your side of the supply chain stable.
Managing Automation Challenges & Digital Transformation
Overcome automation hesitancy by linking legacy software with Clockworx for streamlined processes.
Managing Workforce Productivity
Implement the Clockworx dashboard to stay focused on the tasks that matter to each person in each department.
Managing Obligation
The Clockworx toolkit brings obligation management under control to mitigate risks in breach for heavily regulated industries.
Products
Bespoke (Custom) Solution
Clockworx is truly bespoke to every client’s needs. We integrate your own software applications, workflows and processes to build the system you need to implement your strategy and accomplish your goals.
Workforce Management / Scheduling System
Automate HR tasks and employee performance management with Clockworx. Customizable, role-based access to data protects personal information at every stage.
Revenue Optimization
Maximize growth potential with improved production and delivery communications. Keep customers happy with Clockworx automation throughout the sales lifecycle, from lead picking to bespoke product selection to faster issue resolution.
Permit | Obligation Management
Stay on top of complex contracts, regulations and community commitments. Renewal automation and centralized documentation make it easy to be organized. Be audit ready, and create robust compliance culture with Clockworx.
