Digital SRM = increased productivity
HawkSight has worked with some of our users to assess the time saved to develop a standard safety & security risk assessment using a digital platform compared to a manual approach using software such as Word and Excel.
This comparative analysis considers two scenarios:
Initial SRA report
63% saving in time
The time it takes to develop an initial SRA report from scratch. The digital assessment includes the time to configure initial baseline risk data, informing all future risk reporting.
SRA report update
89% saving in time
The time it takes to update an exiting SRA report, for example, to fulfil annual risk reporting requirements.