1RS- 1st Risk Solutions

Many businesses are feeling the squeeze and are looking at every possible avenue to cut expenses. But is insurance the right place to look? Many local authorities are doing just that. Increasing policy deductibles might save money in the short term, but could come back to bite them in the long term. This approach comes with greater financial risk if a claim arises. This article recommends that local authorities conduct risk assessments and employ effective claims management to mitigate these risks: https://bit.ly/4atT1Yk #Risk #RiskManagement #Insurance #LocalAuthorities

Don't let CASS compliance slow you down! Built by GRC experts, our dynamic CASS solution automates the process, saving you valuable time and resources. Effortlessly demonstrate your CASS management framework to senior managers, auditors and the FCA. You won't believe how you managed without it: https://bit.ly/3vCyr93 #CASS #Compliance #Risk #GRC

Should organisations buy an AI system, or build one itself? There a lots of things to consider. AI is undoubtedly the future, but with it comes many risk and compliance concerns, namely about the use of data. Researching and developing your own system is always very expensive and time-consuming. If you're looking to simply automate your risk management and compliance, you should have time and money by contacting 1RS today: https://go.ey.com/3IxCp5j #AI #Risk #Compliance #RiskManagement

We've had some very bad flooding in the UK recently, and with climate change, we'll sadly surely see a lot more of it. Did you know that just one inch of water can cause $20,000 worth of damage to a business? Loss of equipment and operations can cause untold damage, so having a flood policy in place is an absolute necessity today. Every organisation needs a disaster recovery plan. See what would be in yours here: https://bit.ly/3xIpGdS #Flooding #ClimateChange #Compliance #RiskManagement

Recently, the FCA announced that it is looking to be more transparent with its investigations. New changes would mean naming (and potentially shaming) companies that were under investigation. They believe this will boost effectiveness and accountability while deterring misconduct, but is that the case? Naturally, more transparency is a good thing, but in particular small firms could be hit hard if they are mistakenly investigated. What do you think? https://bit.ly/3JbXD9s #FCA #Compliance #RiskManagement #GRC

Any company that relies on R&D must be careful of recent changes to tax relief. At the beginning of this month, a merged scheme came into effect which aims to streamline incentives but could end up causing confusion. Not only that, but some firms might be losing out compared to the previous incentives. If you have an R&D department, don't get caught out. Make sure you read this analysis: https://lnkd.in/eDacZJhQ #Tax #R&D #Compliance

1RS is your one-stop shop for SMCR compliance. Our powerful solution empowers you to: ✅ Effortlessly assign & track responsibilities for all senior managers. ✅ Simplify compliance workflows and automate key tasks. ✅ Easily use regardless of organisation size Get a free demo today and discover how 1RS can transform your SMCR compliance: https://bit.ly/3L2SKhe #SMCR #Compliance #GRC #RiskManagement

Since 2016, 1RS has been providing world-class risk and compliance solutions. With over 50 years of cumulative experience, you know that you're in safe hands. We've made it our mission to streamline risk and compliance, and our awards and happy customers attest to our success. Get in touch and let's simplify your life as well: https://1rs.io/company/ #CASS #Compliance #GRC #RiskManagement

Continuous improvement means continuous change. We're fortunate enough to live in an era with incredible software tools that can help us manage these changes, although sometimes implementing these tools is easier said than done. That's why 1RS worked so hard to make our total risk and compliance solutions so intuitive and easy to embed in any organisation! This article lists some more top tools that could help you out if you're changing things up: https://bit.ly/4aunzZH #ChangeManagement #Compliance #Software #Tech

Isn't it about time you ditched the spreadsheets? Embrace simplicity and efficiency with ERIC, our proven GRC solution! With an effortless interface, real-time alerts, and dynamic dashboards, ERIC will put your compliance on autopilot. Experience the ERIC difference. Automate your GRC today! https://bit.ly/3lpOmly #CASS #ERIC #GRC #Risk