Banking, Finance, Insurance and Securities (BFIS) Healthcare and Medicine Software Services

Canada Cority Recognized Tender

πŸ“„ Tender ID: 441409719 πŸ“… Published: 25 Jan 2019

πŸ“‹ Tender Overview

Cority the most trusted provider of environmental health safety and quality EHSQ software announced it has been recognized as an Operational Risk Management ORM software specialist in a new benchmark report by independent research firm Verdantix.The 2019 Green Quadrant Operational Risk Management Software provides a detailed fact-based comparison of the 17 most prominent operational risk management software vendors in the industry. Based on the proprietary Verdantix Green Quadrant methodology Cority placed in the top five overall based on capability scores that span 158 functionality criteria.As EHS executives move from a compliance-centric to a risk-centric perspective Coritys product roadmap is well aligned to support firms on this journey commented Malavika Tohani Principal Analyst Verdantix. It possesses a strong core platform along with a reliable software app covering the majority of the process safety processes and should be shortlisted by companies with an eye to improve their operational risk management initiatives.According to the report Verdantix found that Cority has key strengths in Incident Management and Emergency Response Cority scored strongly in incident management and earned the highest overall score for emergency response. Verdantix noted Cority received high scores in this area as it enables automatic notifications to alert the fire department create automatic business continuity actions search for similar incidents that may have occurred and assign corrective actions.Pre-start Up Safety Management and Management of Change Cority received high scores for both pre-start up safety management PSSR and management of change MOC. Coritys MOC solution includes 10 pre-built workflows covering personnel equipment process material and procedural changes. Users can configure up to 20 levels of approvals per change request and visualize the status of all change requests.Business Intelligence and Configurability Cority earned praise for being a highly configurable solution in terms of changing business rules role definitions and workflows to suit the needs of its customers. Cority also received high scores for its Business Intelligence solution and Predictive Analytics offering which enables organizations to benchmark their programs against third party data and perform a What-If Analysis.Our vision is to be the preeminent platform that organizations use to manage their risk compliance sustainability safety and worker well-being initiatives said Mark Wallace President and CEO Cority. This acknowledgment from the Verdantix Green Quadrant is validation of our strategy to continuously innovate so our clients can successfully reduce risk and achieve operational excellence.

πŸ” Key Information

πŸ“„
Tender Reference No.
441409719
πŸ“…
Publication Date
25 Jan 2019
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
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Location
Canada

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🧭 Quick Facts

Authority N/A
Country Canada
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Tender Type Procurement News
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