Optial Pricing, Features, Reviews & Comparison of Alternatives

Optial

Multi-module SaaS including risk & compliance management

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Optial overview

Optial is a flexible, multi-module software platform for the management of key business assurance measures, spanning Enterprise-level EHS, risk and compliance, plus auditing and beyond. Deployed across multiple industry sectors including banking, manufacturing, retail and insurance, Optial solutions for incident management facilitate the capture, assessment and investigation of events before categorizing severity, prioritizing and analyzing trends to identify root cause. The risk management module then utilizes risk registers to identify and store risk data with attachments, linking risk records to key controls, loss events etc.

Risk assessments are generated automatically, manually or ad-hoc to customizable workflows and assigned to the right people, supported by notifications and reminders on unfulfilled completion. Track key risk indicators (KRI), KPI’s and key control indicators (KCI’s) over time and leverage scenario analysis to determine worst and best case impacts, predicting expected loss etc. Comprehensive multi-language, fully exportable risk reporting options allow data to be viewed with dashboards, heat-maps, trend charts, tables and more. Optial’s subsequent modules for compliance, audit and business continuity enable organizations to monitor internal controls for meeting standards, raise action transparency and manage business activities.
www.optial.com

Pricing

Pricing options
Subscription
Value for money
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Devices

Business size

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Markets

United Kingdom

Supported languages

English
Optial screenshot: A dashboard-based report visualizing an example current status of a risk management framework Optial screenshot: Risk evaluation heatmap and matrix report illustrating the distribution of riskOptial screenshot: Information pertaining to an open risk assessment currently in progress Optial screenshot: An example list of risk definitions shown within a risk registerOptial screenshot: Example of an incident entry form with multiple input fieldsOptial screenshot: Example incident categorization report showing loss event distribution and loss event severity distribution data

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Optial pricing

Pricing options
Subscription
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Contact Optial to request a demo & full pricing information.

Optial features

Auditing
Automatic Notifications
Compliance Management

API (418 other apps)
Activity Dashboard (311 other apps)
Activity Tracking (193 other apps)
Audit Trail (172 other apps)
Custom Fields (185 other apps)
Customizable Reporting (248 other apps)
Data Import/Export (243 other apps)
Document Storage (182 other apps)
Inventory Management (194 other apps)
Inventory Tracking (197 other apps)
Invoice Management (180 other apps)
Monitoring (185 other apps)
Multi-Location (163 other apps)
Real Time Data (219 other apps)
Reporting & Statistics (224 other apps)
Third Party Integration (220 other apps)
Workflow Management (210 other apps)

Additional information for Optial

Key features of Optial

  • Analytics
  • Corrective actions (CAPA)
  • HR data interface
  • Legal risk
  • Multi-year planning
  • Project management
  • Reputational risk
  • Task & risk ownership
  • Workpaper management
  • Internal controls management
  • Audit management module
  • Business continuity module
  • Monitoring of internal controls
  • Assign incident ownership
  • Dashboard-based reporting
  • Incident capture and analysis
  • Custom risk registers
  • Automated risk assessment tools
  • Automatic risk notifications
  • Compliance documentation
  • Notifications
  • Exceptions management
  • Multiple projects
  • Scenario planning
  • Heatmap
  • Charts
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Benefits

Optial is a SaaS platform with multiple modules providing Enterprise-ready capabilities for business assurance, including incident, risk, compliance and audit management.

Incident management tools enable events to be captured and attributed to defined categories, prioritized and then investigated and analyzed to establish root cause.

Identify and store risk data in a consistent form, using key risk indicators (KRIs) to alert on changes, scenario analysis and automated risk assessment to assign customizable workflows.

Compliance module uses control repositories to track and manage controls through a lifecycle while creating checklist templates for regulations, procedures and practices.

Pre-configured audit module for delivering findings to managers, plus business continuity tools for managing repositories and business impact analysis.