Risk Management

Safety and Quality

A better way to reduce errors and quality problems

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The Challenge

Safety is a fundamental part of an organization's success. Regulatory bodies and internal standards require collecting a wide range of safety and quality data.

The VizMetrics solution

A single, unified view of safety and quality metrics

Sample Metrics
  -   errors and near-misses
  -   communication effectiveness
  -   best practices implementation
  -   metrics reported to standards bodies
  -   events, by type and department
Results
  -   reduce cost of errors
  -   faster communication of key safety initiatives and progress toward goals
  -   improve quality of care
  -   improve quality scores shown to public
Production and Downtime Metrics

A better way to increase output by identifying production areas that are lagging, impaired, or suffer from recurring downtime.

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The Challenge

In a business with several production locations and multiple products, trends may not emerge until after production has been impaired and revenue forgone.

The VizMetrics solution

A single, unified view of all output areas with historical trends by product, over various time periods

Sample Metrics
  -   daily production from each location
  -   downtime, by location
  -   start-up time for new production
  -   root causes of downtime
Results
  -   increased revenue from more rapid resolution of production impairments
  -   increased revenue by identifying downtime patterns and resolving them
  -   reduce losses from underproduction by sharing best practices between production areas
Fraud & Loss Prevention

A better way to improve performance across multiple locations or departments using a head-to-head comparison

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The Challenge

Since different types of risks are managed by different groups, there may not be a way to assess overall risk that affects the entire organization

The VizMetrics solution

A single view which combines metrics for all possible fraud and loss areas

Sample Metrics
  -   fraud attempts: number of events, by type
  -   fraud prevented, by type
  -   industry benchmarks and internal targets
  -   Losses, by type, with monthly trends
  -    Prevention activities
Results
  -   reduced fraud losses
  -   faster identification of trends and unfavorable correlations
  -   ability to rapidly communicate results of prevention and mitigation efforts with staff
Commodity Trading

A better way to rapidly communicate positions and risks

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The Challenge

Traders and analysts need to absorb large quantities of information quickly and using many different pages for a briefing wastes valuable time.

The VizMetrics solution

A rapidly generated view which summarizes positions and other inputs for trade decisions

Sample Metrics
  -   fundamental indicators (inventory levels, weather, supply, demand projections)
  -   current positions, by delivery channel
  -   price trends
  -   transportation costs, by type
Results
  -   reduced cost of generating daily reports
  -   faster absorption of large amount of data by traders
  -   improved insight into trends and correlations
Cash Management

A better way to ensure that your organization's cash is being invested to generate the highest return

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The Challenge

With several cash management options available and constantly changing interest rates and cash needs, you need to see how cash is being used and how it can be invested for maximum return.

The VizMetrics solution

A single view of projected cash needs and all the ways cash is being invested

Sample Metrics
  -   cash levels in particular securities and accounts, with trends over time
  -   interest rates for each type of cash investment, with trends over time
  -   forecasted cash needs
Results
  -   higher investment returns from improved cash management
  -   instant visibility into overall cash allocation