Decision Time Risks logo

Decision Time Risks

by Decision Time · Since 1983
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SoldAvailable globallyCloudOn-premise
Quick facts
VendorDecision Time
Year launched1983
StatusSold
LocationThe Mailbox, Level 3, 101 Wharfside Street, Birmingham, B1 1RF
Countries servedGlobal
Languages8
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Decision Time Risks

Decision Time Risks by Decision Time is a comprehensive software solution designed for integrated risk management, focusing on helping organizations identify, assess, and mitigate risks effectively.

OneAdvanced’s Decision Time Risks, now integrated within its Governance and Risk Management suite, is a robust platform designed to help organisations centralise, assess, and manage risk in a structured and strategic way. It stands out for bringing risk registers, reporting, ownership tracking, and decision support into a single environment, which reduces the reliance on scattered spreadsheets and disconnected tools. The system’s use of configurable risk registers allows organisations to tailor the platform to their specific frameworks, whether they are managing operational, strategic, or project-based risks. One of its strongest aspects is the clarity it provides through visual tools like RAG status indicators and dashboards, which make it easier for stakeholders to quickly understand risk exposure and take informed actions. The platform also supports accountability by assigning risk ownership, setting review dates, and tracking actions with automated reminders. Additionally, its integration with broader governance features such as meetings and objectives helps align risk management with organisational decision-making. While it is highly feature-rich and suitable for structured governance environments, smaller teams may find it more comprehensive than necessary.

Pros & Cons

Pros
  • Ability to easily identify risks and evaluate their potential impact
  • Integrated platform for managing risks across different departments or business units
  • Customizable risk assessment tools and methodologies
  • Centralized repository for storing risk-related information and documentation
Cons
  • May require onboarding and training for teams unfamiliar with formal risk frameworks
  • Customisation can take time depending on organisational complexity
  • Best value is realised when widely adopted across the organisation
  • May feel feature-rich for smaller teams with simple risk needs

Features

Key features

Centralised Risk Registers

Captures and manages all organisational risks in one unified system for better visibility and control.

Risk Assessment & Scoring

Supports qualitative scoring and categorisation of risks to prioritise mitigation efforts.

Real-Time Risk Reporting

Provides dashboards, heatmaps, and reports to quickly visualise the risk landscape.

RAG Status Indicators

Uses Red, Amber, Green status tracking to indicate risk severity and control effectiveness.

Risk Ownership & Accountability

Assigns owners, review dates, and actions to ensure responsibilities are clearly defined.'

Additional features

Multiple Risk Registers

Manage strategic, operational, and project risks across separate or combined registers.

Configurable Frameworks

Adapt the system to match organisational risk methodologies and governance structures.

Risk Categorisation

Group risks by type, department, or category for structured organisation.

Change Tracking

Monitor updates to risks over time with visibility into modifications and progress.

Action & Control Management

Link risks to controls and mitigation actions with tracking capabilities.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
8
Interface languages
8
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussian

Billing currencies

🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇪🇺EUR🇬🇧GBP🇯🇵JPY🇺🇸USD

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