Essential ERM Reviews - Pros & Cons, Ratings & more

AuditBoard

Resolver

LogicGate Risk Cloud

Purpose-built enterprise risk management software featuring unique risk bow tie functionality, risk appetite frameworks and thresholds, strategy centric risk, board reporting module, heat maps and more. Upgrading your ERM program made easy.

Essential ERM

Web-based

Great team to work with and great tool. The whole process was a breeze, very supportive company.

It is a quality product that was easy to implement and teach to our BUs. Customer service is prompt and extremely helpful.

While Essential ERM does provide great training and support, the software is intuitive and easy to pick-up.

The customer service, particular from our Account Manager, has been excellent.

Minor issue - Lack of printable /sharable risk event view (when needing to share outside of software, e.g. in a meeting).

The software is flexible in meeting our needs and growing with us, as well as encouraging collaboration across our organization.

Appreciate the functionality for risk velocity and other prioritization factors; helps focus our regular reviews. Vendor is open to feedback and enhancing the solution.

Reporting functionality needs to be developed more. KRI functionality missing.

Good easy to use Enterprise Riaks Management Application.

Essential ERM implemented a solution and engaged more like a partner than a supplier.

The software is harder to use if your organization has an established process or methodology, as the system has limited customization available.

Big issue - If I have the same action repeated for several risks it shows up as different actions.

It is easy to use and encourages true understand of the risks so you can address the reason the risk exists, not just the consequence.

It's user-friendly, intuitive and thorough. Everything works as you should expect, and the risk process has a very good flow.

Connects with what Risk Management needs. And as noted above - very easy to understand and access.

It allows both the risk function as well as the front line to understand the ERM framework and provide useful insights. Looking forward to the integration of voting coming soon.

At this time we are not solving any current problems because the software does not have the capability to provide us with management reports in dollars.  
Our experience with the software and the people at Tracker Networks has been excellent.  
Once reports are generated that are useful to the Board, and our regulators, we will be able to cease using an excel spreadsheet for our risk register.  Until then we will continue to populate and manage the manual process - so, unfortunately, we are doubling our work effort.


User friendly & supportive team

My overall expereiewnce has been excellent.  The Executive and Design Team have bene highly repsonsive to our suggestions for platform enhancements.  It has been an incredible journey with the team over the past several years with major benefits to the enterprise risk management world.

Essential ERM - Setting the Standard for Strategic Risk Management

Comprehensive review 

We have multiple organizations working on a large, multi-year shared program. Tool is used to manage the shared enterprise risks; all orgs have access and use it to review and document progress to mitigations.
Also use the tool for other internal risks; the added feature to allow segregation of risks by org or people is helpful.

Good solution that meets our needs

Essential ERM has created efficiencies in our risk tracking and reporting process. 

Good easy to use Enterprise Riaks Management Application

Allows me to uncover potential problems before they become real issues. Allowing me to plan, prepare, and be more productive!

Essential ERM is Fantastic, A Must Use!

Using the software gets you out of using spreadsheets, which is a definite plus. The ability to link risks to objectives is important for executives. The support for Essential ERM has been extremely responsive to questions.

Easy to Implement for ERM Beginners

Risk management.  We have many we have to deal with, as a result of the nature of our operation.

A great product

Trying to get a handle on management risk information from across differing entities in the organization proved to be a challenge. The solution was simple to use, efficient and great at reporting. Made an impact on communicating risk information.

Optrimizing Risk information 

We wanted to formalize and create a structure for our risk management process that engaged teams across the organization to easily & effectively add/change/delete risk events, and both assess and manage risk.  Essential ERM has proven to be a very cost-effective and adaptable tool to achieve our goal.  The company  understands the needs of the not-for-profit sector and have been very committed to our success.

The business problems we are solving with ERM is creating engagement with our teams who have responsibility for assessing and documenting risks within our ERM process. Those with little prior experience in SOX or other types of risk evaluation find the tool intuitive, logical and provides the ability to link the outcomes in a more streamlined and visual fashion.

Tracker Business Partner review

Fantastic. It is a quality product that was easy to implement and teach to our BUs. Customer service is prompt and extremely helpful.

Essential ERM, excellent customer service and flexibility for ERM processes

The customer service, particular from our Account Manager, has been excellent

A solid, intuitive, developing risk management tool

Easy to use and focused risk management solution

Very happy with the tool! Essential ERM helps automate the process which people go through to identify, prioritize and manage the risks of their organizations. It allows both the risk function as well as the front line to understand the ERM framework and provide useful insights. Looking forward to the integration of voting coming soon!

Essential ERM - Your company's 1 stop for everythign ERM

Essential ERM software review

I am using Essential ERM in support of my consulting practice.

Essential ERM Reviews

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