MIMS RM Benefits
The benefits of deploying MIMS RM include an increased chance of achieving company objectives, an improved ability to successfully manage major projects and the ability to demonstrate that business is being well governed.
Additionally an effective control regime will allow a reduction in the funds or premiums provided to cover unforeseen events. Finally, an ability to inform institutional shareholders about the risk management programmes in place has been shown to increase the value they attribute to that company. (Global study by ernst & young April 2007).
- Whatever the MIMS software meets your immediate needs, the benefits will extend far beyond the risk management department. Be sure that you consider all of possible software beneficiaries when building your return on investment justification.