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BarnOwl

BarnOwl for the Mining Industry

The challenge

Mining organisations face an increasingly complex and challenging business environment with more and more pressure to remain competitive whilst ensuring long-term sustainability. With increased regulations concerning safety, social responsibility, clean air and water, and the environment, and the need to drill deeper, it is imperative that mining companies adopt integrated GRC, quality, and health and safety management solutions to strengthen business operations, and enhance reputation and credibility.

Typical business challenges facing mining organisations include:

The solution

There is a need for an integrated approach to risk management in order to minimise the ramifications of actions (risks) taken in one area of the business affecting another area of the business and ultimately affecting the success of a project. The embedding of risk management procedures and practices across an organisation in a non-siloed manner is, therefore, critical to ensuring relevant awareness is raised across departments and functional areas.

A flexible risk management framework is critical for meeting the needs of a complex and dynamic industry such as the mining industry. Organisations need an effective way of prioritising and managing risk across the organisation as well as complying with local and cross-border legislation, standards and mandates. Proactive risk management also involves the documenting and managing of lessons learnt, incidents / near misses. In addition, the identification and ongoing monitoring of risk mitigation plans is critical to effective risk management.

An organisation’s risk and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of the value creation process. (King IV™ Principle 4)

How BarnOwl addresses the challenge

BarnOwl GRC software streamlines your GRC processes, integrates risk, compliance and assurance information on a centralised platform, standardises risk and control taxonomies and offers the flexibility and scalability required for your changing business environment. BarnOwl:

The Benefits of using BarnOwl

The benefits of using BarnOwl include:

Links to References, Case Studies and Resources

BarnOwl is a fully integrated governance, risk management, compliance and audit software solution used by over 200 organisations in Africa, Europe and the UK.

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For every industry, no matter the size of the business, BarnOwl is the ultimate GRC and the audit software solution to assist you in the achievement of your strategic goals with a high degree of confidence.

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