Case Study: Mölnlycke Healthcare strengthens enterprise risk management with Sword Achiever

Mölnlycke Healthcare Establish the Foundation for Enterprise Risk Management

Mölnlycke Healthcare, a leading global provider of surgical and wound care products, faced challenges with its outdated and labor-intensive risk management system. The solution lacked transparency, visibility into global risk levels, and the ability to show dependencies between risks. They needed a more controlled and automated approach to enterprise risk management. To address this, they selected the AchieverPlus Risk Management solution from vendor Sword GRC.

Sword GRC implemented its solution, which provided a standardized framework for assessing risks based on severity and probability. The deployment introduced electronic workflows that sped up risk assessments and approvals, eliminating manual processes. This resulted in higher visibility of risk across the organization, more efficient processes, and the establishment of a single source of truth for risk data. The scalable system also provides a foundation for managing future compliance and regulatory needs.

Mölnlycke Healthcare

Bill Mennenoh

Global Risk Management Director