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Crowe High Value Function for Integrated Risk Management

Crowe High Value Function for Integrated Risk Management

by Crowe LLP

A strategic approach to help organizations manage risk by prioritizing their most critical business functions

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First tracked: 2024-10-30 Latest: 2026-09-09 (0 installs)
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About

Crowe High Value Function for Integrated Risk Management, enabled by ServiceNow, provides a strategic approach to help organizations manage risk by prioritizing their most critical business functions. The offering simplifies the deployment and monitoring of an IRM program through a custom "High Value Function" table and workflow, along with advanced compliance assessment capabilities. By focusing on high-value functions, organizations can optimize operational capacity to manage risk effectively and strategically expand IRM across the enterprise.

Results/Outcomes:

- Streamlined and effective risk management: Improve risk management efficiency and effectiveness with a strategic, function-based approach.
- Improved organizational efficiency and collaboration: Enable better decision-making with clear, prioritized risk insights for critical business functions.
- Enhanced risk oversight and regulatory compliance: Enhance compliance and regulatory reporting with streamlined, automated processes and advanced monitoring capabilities.

Key Features

Functional Features:

- Ability to test multiple controls within a single assessment
- HVF Criteria Assessment (pre- built) to determine if a function qualifies
- Visibility into all dependencies around high value functions

Technical Features:

- Performance Analytics Dashboard
- Scheduled review cycle
- Criteria assessment is configurable based on client
- User friendly method to map entities

ID: 84664aa11bfc7d101ca3db91b24bcba8 · Updated: Sep 09, 2026