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Enterprise Risk Management (ERM): encompasses more than mere rule-based procedures. It encompasses sound governance, best practices, and strict adherence to compliance regulations. It addresses a wide range of risk categories, such as operational risk, credit risk, market risk, liquidity risk, country risk, and numerous others. ERM aims to proactively identify, assess, and manage risks throughout an organization to safeguard its long-term sustainability and success.

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ERM Scope

Risk Management made simple and Attractive

Risk Management has many components, and each component has many elements. AFSS - ERM Solution accepts data from third-party sources as well as generates its own data for ERM processing at portfolio, entity, and group consolidation levels depending on User definitions and requirements. Users can define risk limits and trigger rates. Training is offered on risk elements and synergy as a group.


Enterprise Resource Planning (ERP): involves a systematic approach to managing risks by identifying and evaluating various risk elements or groups of elements. Upon conducting risk assessments, users are empowered to define appropriate response strategies. These strategies may include determining acceptable risk levels, allocating risk among participants or different business areas, implementing mitigation measures, and outlining potential actions to avoid risks altogether. ERP enables organisaations to proactively address risks and enhance their overall risk management capabilities.

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ERP Scope

AFSS - ERP modules is flexible to adapt to any industry from data registration defined by User classification, management, reporting and retainment. AFSS -ERP Solutions is made of many modules including financial data management, payroll, personnel and procurement management tools. It is adaptable to local market rules.

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