PYX4 Risk logo

PYX4 Risk

by PYX4
No reviews yet
ActiveAvailable globally
Quick facts
VendorPYX4
Year launchedN/A
StatusActive
LocationPYX4, At Newton Offices, 55 ter Av. René Cassin, LYON 69009, FRANCE
Countries servedGlobal
Languages3
IntegrationsN/A
Free tierNO
Free trialYES
Contact salesYES

About PYX4 Risk

PYX4 Risk is a risk management and control software. It helps organizations identify, evaluate, and prioritize risks, characterize control systems, and engage teams in implementing action plans.

PYX4 Risk is a software module within the PYX4 suite designed for organizational risk management and control. It enables businesses to identify, characterize, and evaluate risks based on their potential impact and likelihood. The platform promotes a collaborative approach by allowing teams to be assigned roles and collectively engage in creating and executing action plans. Key features include customizable risk declaration forms, dashboards for monitoring risk treatment and trends, and the ability to compare evaluations over time to measure the effectiveness of mitigation strategies. The software is a cloud-based SaaS solution. While the company offers a 14-day free trial, detailed pricing information is not publicly available and requires contacting the sales team. Support is provided through training and workshops, and a user community is available for peer-to-peer best practice sharing.

Pros & Cons

Pros
  • Provides a structured methodology for identifying, evaluating, and prioritizing organizational risks.
  • Encourages team collaboration through role assignments and shared action plans.
  • Offers customizable forms and dashboards for tailored risk monitoring and reporting.
  • A 14-day free trial is available for evaluation without a credit card.
  • Part of a larger suite of tools for process management and continuous improvement.
Cons
  • Pricing is not publicly available, requiring direct contact with the sales team for a quote.
  • The software is part of a larger suite, which may be more complex than needed for simple risk tracking.
  • No dedicated mobile applications for iOS or Android are mentioned.

Features

Key features

Risk Identification

Provides a clear view of risks that could weaken the organization and allows for characterization of existing control systems.

Risk Evaluation

Utilizes a methodology to assess risks based on potential impact and likelihood, enabling prioritization of the most critical risks.

Action Plan Management

Engages teams in creating and implementing action plans to address identified risks, with tracking available through PYX4 Improver.

Customizable Forms

Facilitates risk declaration through fully customizable forms to encourage employee participation.

Customized Dashboards

Allows users to monitor risk treatment, criticality, trends, and response strategies through tailored dashboards.

Additional features

Homogeneous Evaluation Criteria

Define consistent evaluation criteria, impact types, and likelihood levels aligned with the organization's terminology.

Successive Evaluation Comparison

Compare different risk evaluations over time to verify the effectiveness of implemented actions.

Real-time Notifications

An automatic notification system keeps teams informed about the progress of ongoing actions.

Collaborative Interface

Involves business experts who can collaborate directly via the interface for specific risk assessments.

Role Assignment

Empowers teams by assigning specific roles within the risk management process.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
3
Interface languages
—
Billing currencies

Interface languages

EnglishFrenchSpanish

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