neorm

As a part of the vibrant Chicago start-up space, NeoRM is an innovative and progressive platform designed to solve todays governance and risk management needs. By identifying who does what, when and how with dynamic reporting, firms can gain transparency around controls. Automating processes and eliminating the need for error prone spreadsheets and labor intensive and expensive governance tools. NeoRM promotes accountability by utilizing a closed loop top-down workflow approach allowing for all regulation and controls to be documented in a repeatable, automated model to make sure that tasks and responsibilities are properly delegated, and executed as intended. This allows everyone to be on the same page and greatly simplifies the risk management process. Unlike other existing workflow or GRC tools, NeoRM provides C-level executives automated reporting that articulates the enterprise wide risk management processes in place. Responsible parties are accountable through the entire platform without relying on manual procedures supported by spreadsheets and attestations being captured in emails. While NeoRM was not designed to tackle social problems, the vendor management governance capabilities available through this platform provide an amazing solution for corporations that need to create transparency and documentation in their supply chain to meet the various Anti-Human Labor Trafficking Regulations (UK Modern Slavery Act, FAR and California transparency in supply chain act). NeoRM will help your organization leverage their work on regulatory compliance to drive true value and ultimately to affect not only bottom-line costs but drive top-line increases through confidence in risk management.