About Decision Time Risks
Decision Time Risks is a cloud-based risk management solution that enables businesses to identify, assess, control, and manage risks on a centralized platform. It allows users to create customizable categories to report, group or filter risks, score descriptions to identify risk types, and assign accountable owners for controls and actions.
Key features of Decision Time Risks include risk assessment/evaluation, automated email alerts, scoring, dashboards, and prioritization. It comes with visual dashboards, which enable users to assess, evaluate, and record scores for inherent, target, and residual risks. Businesses can assess risks based on several metrics such as impact on the business, likelihood that they'll occur, and more. Plus, businesses can utilize the platform to analyze risk profiles and maintain an audit log of all implemented changes.
Decision Time Risks allows users to send automated emails to owners and remind them about due dates, pending actions, and controls. It facilitates integration with Microsoft Excel, enabling users to push and pull data across systems.
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Supported Languages
Pricing starting from:
N/A
- Free Trial
- Subscription
Compare with Popular Alternatives
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Features
Total features of Decision Time Risks: 24
- Access Control
- Activity Dashboard
- Assessment Management
- Audit Trail
- Auditing
- Categorization
- Configuration Management
- Customizable Categories
- Data Visualization
- Deadline Management
- Email Alerts
- Email Invitations & Reminders
- Email Notifications
- Exceptions Management
- History Tracking
- Project Notes
- Reminders
- Remote Access
- Reporting & Statistics
- Risk Alerts
- Risk Analytics
- Risk Assessment
- Status Tracking
- User Management
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Reviews
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Write a Review!- Industry: Health, Wellness & Fitness
- Company size: 51-200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Embedding Risk Management at the Northern Ireland Social Care Council
Reviewed on 2019/11/14
Decision Time Risks has enabled cross organisational engagement and updating of risks which impact...
Decision Time Risks has enabled cross organisational engagement and updating of risks which impact on delivery of the organisational objectives. Connecting controls, gaps, actions, assessment and an owner has improved accountability for managing risk in real time. Regular reporting is now at a touch of a button and has saved time and resources with respect to reporting to Senior Leaders, Board Members and Government.
Pros
The software connected the importance of risk identification to delivery of the organisation objectives and provides a risk map that is intuitive to Senior Leaders and Board members. All staff find it easy to use and has enabled them to integrate risk into their activities and deliverables. The reporting functionality provides for an easy to read and understand approach to the Organisations Risk Assurance framework and supports the accountability process for decision making, audit and compliance.
Cons
Control and management of fields and drop down labels are held by Decision time and not the organisation.
Response from Decision Time
Thank you very much for your review, it is greatly appreciated
- Industry: Real Estate
- Company size: 51-200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Positive Experience from start to finish
Reviewed on 2019/11/14
Overall our experience with Decision Time was a positive one from initial discussions through to...
Overall our experience with Decision Time was a positive one from initial discussions through to implementation and post sales support.
Pros
We needed a comprehensive approach to business planning and risk management that aids management oversight of underlying activities and gives greater assurance to the management team and Board. The Decision Time solution meets our requirement and provides the appropriate degree of oversight without being onerous or resource intensive to complete. It's intuitive to use and easy to understand with good visual reporting.
Cons
Can't think of any issues that we have had with using the software, any initial issues were due to being new to the product and these were quickly ironed out by the support team.
- Industry: Civic & Social Organization
- Company size: 51-200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Decision Time user
Reviewed on 2020/04/14
Pros
Visual display of information and outputs.
Ability to drill down to the information
Intuitive and easy to use
Very receptive to feedback and ability to refine product to suit organisational need
Cons
Still a few suggested improvements to be implemented
- Industry: Government Administration
- Company size: 1 001-5 000 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Meetings Administration and Risk Register/Goals Modules
Reviewed on 2019/11/13
Excellent product and would highly recommend.
It has streamlined how the Council administers its...
Excellent product and would highly recommend.
It has streamlined how the Council administers its Plenary and Municipal District meetings.
Pros
The meetings administration module has streamlined how we prepare for the monthly Council meetings. It has reduced the manual workload that was involved in printing and posting hard copy agendas and documentation to our Councillors. It has good functionality, is easy to use and allows access to all previous meetings and documentation.
The Council has only recently started using the Risks and Goals module but so far, it is proving to be efficient and effective in how we manage and monitor our risks and goals.
Cons
Not being able to access the site owing to poor connectivity was an issue but this has been resolved by Decision Time with improved functionality that allows the user the make the documentation for a meeting available offline.
Response from Decision Time
Thank you very much for your review of Decision TIme platform
- Industry: Nonprofit Organization Management
- Company size: 201-500 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Decision Time Risks review
Reviewed on 2020/01/27
We have the e-governance module also, which we've found to be very beneficial, from the perspective...
We have the e-governance module also, which we've found to be very beneficial, from the perspective of the Board, to our experience as admins. It was a natural progression for us to purchase the Risk module, and we may consider purchasing the 'Goals' one in due course. We have found the customer care of Decision Time 'second to none', as they respond to any queries immediately, and are very responsive in addressing any issues or questions we may have. I would rate them 'excellent'!
Pros
Easy to use and update, especially like the fact that it has been adjusted to reflect our own policies and risk framework.
User-friendly for Board members to use - dashboard is clear and focused. One Board member stated it was 'one of the best' risk dashboards he'd seen.
Like the fact that strategic and operational registers are accessible in the same place, and that Board members can be refrained from viewing 'operational risks'.
Cons
Nothing I don't like, but discussed a few are areas that could be developed further, e.g.:
1. Easier tracking/movement reports/audit trail when risks are changed (for Board and for admin), which I understand is underway.
2. A need to distinguish between 'completed/on track' for actions (again, which is underway), as this confused the Audit Committee/Board
3. Maybe a function that would show the impact of the risk appetite against each risk (rather than just recording what it is)
Decision Time Risks FAQs
Below are some frequently asked questions for Decision Time Risks.Q. What type of pricing plans does Decision Time Risks offer?
Decision Time Risks offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Contact Decision Time for pricing details.
Q. What are the main features of Decision Time Risks?
Decision Time Risks offers the following features:
- Auditing
- Business Process Control
- Dashboard
- Data Visualization
- Exceptions Management
- Internal Controls Management
- Risk Assessment
Q. Who are the typical users of Decision Time Risks?
Decision Time Risks has the following typical customers:
Small Business, Large Enterprises, Mid Size Business
Q. What languages does Decision Time Risks support?
Decision Time Risks supports the following languages:
English
Q. Does Decision Time Risks support mobile devices?
We do not have any information about what devices Decision Time Risks supports
Q. What other apps does Decision Time Risks integrate with?
Decision Time Risks integrates with the following applications:
Microsoft Excel
Q. What level of support does Decision Time Risks offer?
Decision Time Risks offers the following support options:
Phone Support, Online Support
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