Once the relevant risk alerts are received on the company dashboard, the company needs to decide whether the alert needs to be acted upon or not. Various parameters including severity, location and total impact helps one make the decision better.
Alerts come with recommendations on mitigation plans, alternative courses of action, etc. attached to them. You can either choose to follow the recommendation or you can manually chalk out a mitigation plan to address it, or it could be a mixture of both.
Lythouse has developed a safety solution to solve the problem for business continuity and employee safety. The risk matic platform monitors all the risks around human, revenue and infra and gives alerts so that businesses can take action and minimize losses faster and as much as possible.