Monthly archives: February, 2014

ERM Software Solutions

Looking to Measure the Effectiveness of your ERM? Read on

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Organizations are becoming increasingly aware of the value of managing risks. And the regularity with which financial disasters seem to be hitting the markets, certainly has companies convinced that performing in business is not possible without taking risks. Enterprise Risk Management (ERM) helps an organization counter risks and other critical issues. ERM enables recognizing events…

Looking to Measure the Effectiveness of your ERM? Read on was last modified: November 3rd, 2014 by Fadi Al-khatib



Careweb Internal Audit solution

Why Risk Based Audit is Essential in ERM?

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Risk based internal audit has become more and more desirable for businesses. Organizations need to figure out what really matters to them, what are the undesirable for their business and above all, what are the key risks that their organization can be subjected to as well as their impact. The main objective of internal auditing…

Why Risk Based Audit is Essential in ERM? was last modified: October 10th, 2014 by Fadi Al-khatib



Enterprise Risk Management Best Practices

Enterprise Risk Management Best Practices

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

Profound understanding of the various aspects of Enterprise Risk Management is crucial to anticipate, manage and mitigate risks around your business activities. It is essential to understand the best practices to enhance business performance and ensure success in ERM implementations. Track and monitor on a regular basis It is imperative for the leadership team or…

Enterprise Risk Management Best Practices was last modified: October 10th, 2014 by Fadi Al-khatib



Enterprise Risk Management and Crisis Management

Enterprise Risk Management and Crisis Management

Fadi Al-khatib

Manager at CAREWeb
Fadi has BA degree in Accounting, and he is a Certified Operational Risk Executive. He has more than three years practical experience in the field of internal audit in one of the biggest banks in Jordan Before joining Grant Thornton in 2008 as a Senior Consultant, where he has conducted audit assignments in several companies, branches and business units.  Fadi has participated in the preparation and execution of many CRSA workshops and the implementation of Operational Risk Management systems for large clients in various industries.

The primary goal of Enterprise Risk Management is to boost operational effectiveness by improving business processes and mitigating potential losses. The major challenge lies in bringing diverse departments with varied requirements to communicate with each other and share information in a unified system. In addition to ERM, it is essential for companies to have an…

Enterprise Risk Management and Crisis Management was last modified: September 9th, 2014 by Fadi Al-khatib



Mistakes to Avoid While Choosing ERM Software

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software

Mohammed Nasser Barakat

Partner at CAREWeb
(Mohammed Nasser) Barakat, is the BRS Service Line Leader for the ME region. Nasser has an MBA in Professional Accounting and a BS Degree in Banking and Finance.He is a Certified Public Accountant in Colorado State, USA, a Certified Control Self Assessment Practitioner and a Certified Fraud Examiner. Find me on

Many companies are increasingly turning to ERM to exercise greater control over their business and to gain a competitive advantage. Companies have begun to invest more in formal Enterprise Risk Management solutions, but often a poor implementation strategy has resulted in mixed results. Although an ERM solution provides many benefits, the organization needs to be wary of…

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software was last modified: September 9th, 2014 by Mohammed Nasser Barakat



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