Having previously managed all our Corporate risks via spreadsheets we are currently migrating our risk registers onto the Symbiant Risk Management System.The capabilities of the software are allowing us to considerably enhance the level of risk maturity across the University. It is allowing us to transform the management of our organisational risks to the extent that our Risk Management Policy is now being reviewed to ensure it takes into account the potential of the new software. As a Higher Education Institute our risks are, on-the-whole, assessed and evaluated on a qualitative rather than quantitative basis – Symbiant is able to accommodate this and allows us to clearly link risks to our non-financial, academic objectives.Symbiant is also proving highly customisable to our needs with staff finding the user interface intuitive and familiar. This has considerably reduced the training and support burden as we roll it out. The extremely comprehensive reporting suite allows our schools and business units far more freedom and scope to identify and record their local risks since the large amounts of data generated can be easily and almost instantly reported upon in many ways including heat maps and colour coding. This is enabling our risk management to become far more comprehensive. Updates and improvements to the software are regular and reliable with Symbiant having introduced some minor requested enhancements within just a few days.
We use Symbiant Risk Suite to help us identify, assess and treat risks for a wide variety of business initiatives including change management, acquisitions, new product development and customer projects. Risk Suite provides us with a way to automate our risk management process, we operate globally and it is difficult to arrange meetings to suit several time zones, Risk Suite’s on-line, highly collaborative software overcomes this issue and allows us to get input from a wide range of stake holders in a very rapid and simple way. Having such wide participation in our risk workshops, in a cost effective and efficient way, has allowed us to execute our projects more successfully
Symbiant Tracker has allowed us to record progress against recommendations and produce status reports in an extremely efficient and effective manner. Implementing and configuring the system was straight forward and positive feedback has been received from business users who have found the system to be extremely easy and intuitive to use when updating status for their recommendations. As testament to the effectiveness of the system it is also being used by other departments in the company to track actions, including Compliance for any actions arising from their compliance monitoring programme. Whilst the benefits will apply irrespective of the size of the audit team, for a small internal audit department selection of a recommendations tracking system that required minimal resource to set up, maintain and produce reports was essential and choosing Symbiant Tracker has proved to be a sound decision
Secure Trust Bank
A very smooth implementation we are more than satisfied with Symbiant.
Orbit Housing Group Limited
Symbiant came highly recommended to us and it is a product which is easy to set up and implement. Once set up it works on its own with minimal maintenance and provides up to date reports on the status of recommendations. Reporting to management and the Audit Committee is much easier and enhanced due to the facilities available in Symbiant.
We selected Symbiant to ease the administration of tracking issues and recommendations. What particularly appealed was the ability to use it across the company intranet to raise visibility and access. End users introduced to the emailed recommendations functions have found it a positive system to use and respond to.
From the free trial period to the final implementation Symbiant were excellent and exceeded our expectations, we are extremely satisfied.
We have been using Symbiants' risk software for 10 years now and have been impressed with the high level of service and the outstanding features of the software. You would struggle to find better so don't be put off by their incredibly low pricing.
Symbiant have made life much easier for us, the workflow-based software is a massive leap away from spreadsheet-based action tracking and really helps drive action ownership and completion.
The Innovation Group Ltd
Having implemented Symbiant into our global business a year ago it has provided the complete solution we required to manage our risk and internal audit functions. It’s a powerful tool, very user friendly and supported by a great team. It’s a product I would certainly recommend!
The Derbyshire Building Society
When we were looking for a new action tracking solution to replace our excel based system we looked at all the key providers. Symbiant proved to be the instant leader for features, ease of use, reporting and value for money. It is an excellent and well thought out solution. A refreshing change in this day and age.
The Institute of Chartered Accountants in England and Wales
We are very impressed with Symbiant. Its simplicity and ease of use aligned with its flexibility and extensive reporting capabilities make it a very useful tool.
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