Improving the business processes of an enterprise based on risk assessment

In this article, the author systematizes approaches to assessing the risks of market entities and provides recommendations for improving business processes through the inclusion of digital solutions. Having studied the foreign and domestic experience of introducing digital tools for risk assessment in the activities of an economic entity, we have identified two priority areas, in particular, we have considered existing software products for money intermediaries and for enterprises in the real sector of the national economy. The competitiveness of the enterprise in the market and the efficiency of using the existing aggregate potential of the enterprise depend on the choice of an information product, which confirms the relevance of the research problem. Taking into account the specifics of the activities of enterprises in the industrial sector, their multitasking and the complexity of the technological process, it is necessary to predict the risks associated with external challenges and internal factors affecting the performance of a market entity when developing an enterprise development strategy. Significant for improving the efficiency of the enterprise management system is the choice of an approach to risk assessment, a system of criteria and indicators that would allow assessing risks in any area of the enterprise, but in a comprehensive manner. We have provided a comparative description of approaches to risk assessment in the activities of enterprises, applied digital products and their comparative characteristics in order to simplify the choice when making a management decision by a senior and middle-level manager and prevent the occurrence of risky events.