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ADD Balanstest app for iPhone and iPad


4.7 ( 47 ratings )
Business
Developer: Well Communications
Free
Current version: 1.1, last update: 7 years ago
First release : 21 Jan 2013
App size: 12.47 Mb

ADDs balance test takes companies’ financial balance sheet as a starting point and runs through any type of risk that (can) threaten(s) their survival. More specifically, general risks inherent to terrains and buildings, plants & machinery, fleet, management of inventories and orders are included in the test. But the balance test also examines specific risks such as intellectual property, reputation damage, credit management, production downtime, ICT risks and the protection of staff and manager(s).
ADDs balance test offers companies a first indication of the risks they face and how they deal with them today. The aim is for companies to be able to immediately see which risks require particular attention when it comes to business continuity. Multiple choice questions result in a survey of the companies risk policy starting with the financial company balance sheet. The result is a comprehensive report calling attention to specific risks. A score of 70% per risk unit in the balance test is a minimum. Once below the limit of 70% companies run a really risk of bankruptcy when something goes wrong in that business aspect.