Essential ERM vs. Ideagen Risk Management

Essential ERM® is an easy and cost-effective web-based risk management tool used by organizations in over 20 sectors and 70 countries. It can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically.

Ideagen Risk Management is a cloud-based enterprise risk management platform for risk and compliance teams. It gives them one system for registers, assessments, controls, actions and board reporting, in place of spreadsheets and disconnected tools. Problems it solves • Risk data spread across spreadsheets and legacy systems, with version control issues and no audit trail • Board and executive reporting that takes days to compile • Risks, controls and actions managed in separate places, so gaps go unnoticed • Risk teams chasing overdue actions and assessments by hand Key features • Risk