Manual Risk Management, or Spreadsheet Programs - the Masked Nemesis of Risk Management

The benefits of using risk management software, RM Studio as opposed to Spreadsheet Programs

Who doesn’t love Spreadsheet Programs? Where else can you go and analyze your family budget, create descriptive statistics on production, or manage your risk? Wait, what was that? Manage risk with a Spreadsheet Program? Some of you may be scratching your head and asking how is that possible, others may be shyly looking away with a small amount of guilt churning in your stomach. 

Rest assured dear reader, it is alright to be on both sides of this coin. We admit, here at Stiki, we started our risk management process towards ISO 27001 certification in a very popular Spreadsheet Program. We quickly learned that entering formulas, checking cell links, ensuring proper formatting, and risking human error in our certification auditing preparation was a risk in and of itself. This was the inspiration behind RM Studio, to offer a holistic solution to the risk management process.

Since the development of Risk Management Studio, we have been fighting a winning battle against Spreadsheet Programs as a tool for risk management. Spread Sheet Programs leave users with countless worksheets, formatting headaches, and the need to create threats, asset categories, evaluation criteria, and much more. We often find that our users start their risk assessment in Spreadsheet Programs, but quickly find themselves utilizing their favorite search engine late at night after entering thousands of fields of data (and not to mention spending countless work hours away from their families, and downing an equal number of coffees) to find an alternative to their favorite Spreadsheet Program.

We know this pain; we understand the challenges with preparing for an audit or certification in Spreadsheet Programs. One of the most common question asked by Spreadsheet Program users is “How do you develop the proper reports, such as the Statement of Applicability, with the data that is in X worksheets in three separate workbooks?” RM Studio addresses these problems and streamlines the process. From click of a button reporting, to integrated threat libraries, RM Studio will allow you to focus on your business during the risk management process.

RM Studio, Simplifying Risk Management