The business impact analysis (BIA) and risk assessment are critical elements of business continuity planning that don’t need to be further complicated by your business continuity software. The Planning Portal will streamline these recurring activities and save your team time, money and frustration!

This module supports either a survey or interview-based analytic approach – so there’s no need to change your current method for data gathering! Further, it identifies key process, application and supplier dependencies, which can be viewed all on one page or using interactive dependency maps that track the dependencies across multiple layers. This module also enables the identification and documentation of key threats and vulnerabilities for individual processes and facilities, and further, produces a risk rating for each dependency, which can be easily expanded and integrated into your organization’s overall enterprise risk management (ERM) practices. 

The Planning Portal’s workflow capability streamlines your business impact analysis and risk assessment efforts because it allows administrators to easily track what items have and have not been started, updated, completed,  reviewed and approved. After the completion of the BIA process using The Planning Portal at a large US bank, one senior manager commented, "This year's BIA was a tremendous step forward on a number of levels. The Planning Portal gave us the flexibility and ease of use we always wanted. Our timeline to develop the questions, execute the survey and validation processes, and produce the BIA results was shortened by over two months. The efficiency gains in the process, along with the cost and time savings in the BIA development effort, resulted in us doing much more with less and that is a huge win for the contingency planning team and the company as a whole.” Read Why This Large Financial Institution Decided to Automate Their Business Impact Analysis

Are you ready to increase the efficiency and effectiveness of your business impact analysis and risk assessment? Contact us to request your demo of The Planning Portal today!

Additional Resources
Learn about just one of the cutting edge BIA approaches supported by The Planning Portal: Maximum Tolerable Period of Disruption: What it is, where did it come from, and why is it important to your organization?