As the FDA, EMA, and other regulatory bodies worldwide continue their intense scrutiny of quality professionals, risk management is becoming the strongest, most comprehensive way for regulated organizations to benchmark compliance in their quality processes. However, risk management can be confusing for those who are unfamiliar its policies. It can also be expensive to set up and manage risk management software throughout an organization. MasterControl provides an easy-to-use online risk management software solution that guides regulated companies through every phase of the risk management process.
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MasterControl's software can be accessed quickly and securely through your company's existing web browser. There are options to host the server at your company or have us host it for you so there is no need to manage additional server infrastructure. If you need a robust solution that will enable you to identify, document, treat, and monitor risk - MasterControl's online risk management solution may be right for you.
Mounting compliance pressures, supply chain complexity, and consumer demand for newer, higher quality products has made it difficult for regulated organizations to stay competitive. As a matter of survival, many organizations are reorganizing their approach to risk and applying risk-based methods, such as risk assessment and risk management, to their business processes to keep up with today's tumultuous business landscape. While this can be quite a challenge, an online risk management solution can simplify the process significantly. What's more, it can do it for a fraction of the start-up cost of a traditional premise-based risk solution.
While there are many benefits to be gained by implementing an automated on-premise risk management program throughout your organization, including the amount of money you'll save in the long run due to fewer penalties and increased efficiency, there is no denying that the initial capital outlay can be cost prohibitive for some organizations. That is why MasterControl offers both a premise-based and an online risk management solution.
Deployed over the Internet, for a low quarterly fee, MasterControl's online or cloud-based solution allows you to quickly implement and enjoy the same powerful MasterControl system leveraged by hundreds of regulated companies worldwide - not a "watered-down" or "lite" version - to achieve your compliance and business goals. If your company is under pressure to comply with stringent regulatory requirements but also concerned about the large up-front infrastructure costs and resource requirements associated with traditional on-premise software ownership, MasterControl's online risk management solution may be just what you need.
MasterControl Risk™ is a web-based software solution that unifies all risk-related activities and documentation in one centralized repository. Part of the MasterControl suite of quality management products, MasterControl Risk is offered as both an on-premise and online risk management solution, and is designed to integrate risk management with other critical quality processes, including document management, audit management, CAPA event management, and supplier management. MasterControl's risk solution offers compliance professionals "one-stop shopping" for all risk-related practices throughout an organization. Consider the following features:
Whether you decided to go with a premise-based or a subscription-based online risk management system ultimately depends upon the specific needs and goals of your business as there are advantages to both. As you begin to explore what's possible in a subscription or cloud-based environment, you should start examining some of the fundamental questions about the role technology plays in your business. While the opportunity to avoid the large initial investment in software licenses and infrastructure costs is one of the biggest advantages of opting for a cloud-based risk solution, it is far from the only one. MasterControl's subscription-based online risk management solution offers the following additional benefits:
To learn more about MasterControl's hosted or on-premise online risk management, please contact MasterControl representative.