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Why Procon™?
Globalised business world has enabled a process by which organization can produce products / services at a place where the skills are available at the most competitive rates and market at a different geography where it is most profitable. However, this has its inherent challenges i.e. global supply chain, customer accessibility and dependence on micro and macro economic factors. The critical success factor for managing this globalised business model is the management of the process and associated tools to set real time information on Performance, Risk & Compliance of the organization entities.
Procon is a revolutionary product available in the world that provides complete performance, risk and compliance management solution with configurable graphical administration and reporting modules. Procon™ goes best with any businesses, irrespective of its nature and size. The solution enables the definition of a risk framework for your business and captures performance metrics for key business areas. Once a risk framework is in place, Procon™ offers real-time visibility via numerical and graphical representations of KPI values, colored risk-level indicators, and action email alerts to managers and business heads throughout the organisation lifecycle.
Procon™ solves:
Problems involved in Performance, Risk & Compliance managements of an organisation irrespective of its nature and its market base- regional, national and international.
- Enables the navigation from an overview for the organisation down to performance details for a collection of business entities (like projects, processes etc), an individual project, and an individual task and resource.
- Organisational development by reducing gap between actual results and desired results.
- Enhanced management control by means of data relationships display, process documentation, tracing data calculations, etc.
- Individual performance evaluation through formal documents and feedback delivery.
- Provides trending therefore prediction in performance at any indicator level.
- Comparisons between sub measures within KPIs and across different business entities.
- Identifying potential risks
- Assessing risk factors – qualitative and quantitative outputs
- Risks treatment solutions – avoid, mitigate, transfer & retention of risks
- Real-time alerts and trending on risk mitigation.
- Helping organisation in the global statutory/regulatory compliances.
- Legal guidance and fulfillment – through proper reports on relevant matters.
- Compliance level displays – through alerts on real time
- Maintenance of legal documentations – by uploading necessary files and documents relevant to the entity
- Auto escalation process for better management of all compliances.
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