Government, Regulatory & State Owned Enterprises

Management of government organizations has become a far more complex undertaking in the past few years given increased government scrutiny by internal departments, audits, and external stakeholders, public private partnerships and advocacy groups.

Some of the largest challenges faced today include:

• Environmental, Health & Safety Hazard and Risk Management
• Access to capital, liquidity and credit
• Quality and Stakeholder management
• Maintenance of aging infrastructure
• Increased regulatory pressures such as compliance and social responsibility
• Preferential procurement policies and vendor management

It is in this environment that the leadership of the organization and its risk and compliance officers need to operate effectively and efficiently.  The challenges posed lead the risk and compliance function to require solutions that will:

• Meet regulatory requirements within cost and time constraints such as Environmental, Health and Safety Acts, Labour regulations and more.
• Manage quality, BOT (Build Operate Transfer), public private partnerships factors and stakeholders
• Contract & Project Risk Management
• Obtain a single integrated view of risk and compliance across the organization
• Accurate modeling and management of capital projects and investment governance 
• Containment of internal and vendor fraud
• Vendor Risk Management

In order to meet these challenges, Cura's Enterprise GRC Platform has been developed to assist customers achieve their strategic objectives and maintain advantage in this highly regulated environment.  Cura's proven success in the sector is evident from its long list of customers that include Dept. of National Treasury (SA), Dept of Treasury & Finance (Victoria, Aus), Transport Infrastructure Development Corp. (Aus), Country Fire Authority, VicForests, Transnet, Eskom, Road Accident Fund (RAF), Dept. of Minerals and Energy (DME), Dept. of Transport (Aus), State IT Agency (SITA) and Federal Home Loan Bank (Office of Finance, US).

Cura solutions will assist your organization in:

• ERM Best Practice - Easy to use risk management information system that deals with identification, analysis, ongoing management and treatment of risks, RCSA's, full alignment with ISO 31000, and integration with quantitative, project management and BowTie analysis.

• Centralized Information Store - for all risk and compliance related corporate information.

• Advanced Reporting - covering reports and dashboards that range from local stakeholder related data right through to advanced aggregation, audit committee, risk committee and ultimately board reporting needs.

• Quantitative Modeling and Analysis - providing key capabilities around modeling of capital investments, project risk management, investment analysis as well as what if's and scenario analysis.

• HS&E - Health, Safety and Environment are key aspects that are driven by regulatory pressures. Using Cura features that enable easy capture, recording, investigation and audits of the HS&E issues that arise, the organization will benefit from the lessons learned and reduce overall risk and cost.

• Audit management - Using Cura's Audit Module, the diverse aspects of all audit needs are catered for.  Whether it is revenue related, process, health & safety or IT related, Cura Audit's ability to deal with disparate audit requirements and consolidate results brings efficiencies in time and cost.

Related Information: 

• Data Sheets
• Case Studies
• White Papers

To find out more about Cura's capabilities in this sector, please contact us .