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GOAT Risk

Simple, low cost risk software for non-risk experts

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GOAT Risk Reviews

Overall rating

4.7

/5

28

Rating criteria

  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.25/10

Reviews by rating

Pros and cons

Fantastic customer service, very responsive and even a personal call from the CEO.
GOAT offer great follow up support to help with any queries during the initial set up phase and beyond.
User friendly interface and processes, fast onboarding, excellent customer service.
It does not include a archive function for closed risks. It is important to also have a overview of risks that is sorted/mitigated during and not at least in the end of a year.
In the controls description field not enough of the text is visible while typing. Inability to delete templates.
No possibility to have geography categorisation , not convenient for large group if it is to be cascade in different regions and production site.
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28 reviews

Recommended

AR
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Verified reviewer

Retail, 10,001+ employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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A great tool to embed risk management within a large organisation

Reviewed 3 years ago
Pros

- Ease of use - Pricing model - Tips in the system of how to get more out of the software

Cons

In some ways, it's simplistic nature can be a limitation. But overall, in a generally immature risk environment the simple nature allows for greater adoption making it accessible to non risk experts

SH
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Steven H.

Gambling & Casinos, 501-1,000 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Do more for less!

Reviewed 3 months ago

GOAT Risk is a perfect for our current needs. It's a great tool that we are using to map out our risk landscape in a structured and comprehensive manner. The software provides a low cost option to build out your risk management framework on your own terms, and can help avoid costly consultancy and implementation fees associated with the bigger GRC platform providers. The service from [sensitive content hidden] and the Team is exceptional.

Pros

The most impactful feature by far is the level of customisation available straight out of the box, particularly with the Enterprise PRO subscription. This is of immense help if you are iteratively building out risk profiles for the first time. GOAT Risk couldn't be easier to use and is super intuitive for risk and non-risk professionals alike.

Cons

The Enterprise PRO version would benefit from the addition of an individual control RAG rating, in addition to the overall control effectiveness rating. This will help Managers better identify control hotspots at a glance.

Vendor response

Hi Steven. Thanks for taking the time to write such a comprehensive and helpful review. Everyone here at GOAT Risk really appreciates it! We've noted your comments regarding the individual control RAG rating and will let you know if/when system development in this area is planned.

FA
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Faizah A.

Financial Services, 5,001-10,000 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Great product, as a non risk expert

Reviewed 3 years ago
Pros

Ease of use and ease of deployment, no training needed whatsoever

Cons

Some of the functionality was a bit basic but that's also a pro

JP
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James P.

Higher Education, 11-50 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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GOAT risk management - user review

Reviewed 10 months ago

Overall my experience so far has been very positive. It is a very quick and easy system to use, and capable of handling our existing risk methodology, with options for further development as our risk maturity improves.

Pros

I most liked the reporting options which allowed me to assign risks to more than one reporting structure (e.g. risks are tagged to the profile of their individual register, but can handle multiple 'tags' which allows me to extract by committee as well (to multiple committees where required)). Also it was really easy to set up, and it is really good value for money

Cons

There are options for reporting, but it would be great to be able to create and add your own reports and edit the report templates. Once extracted i am manipulating the data in microsoft office to display it according to our own reporting templates (e.g. in excel and powerpoint)

Vendor response

Thanks for the review James, its great to hear how GOAT is being used and adding value in your business. It's also valuable input to hear where we can improve.

JS
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Jørgen S.

Information Technology and Services, 11-50 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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GOAT is simple and straight to the point

Reviewed 2 years ago

We need a good risk evaluation tool that makes it simple to create and get an overview of the risk in our organisation. This is both for our ISO 27001 certification, which GOAT helped us get in place, and in general. We tried several competitors, and they all made it so complex.

Pros

It is very simple and easy to use. The limited features are straight to the point, not a whole lot of admin, categories, or other distractions. It is even possible to turn off the features we don't use, so they don't get in the way.

Cons

The set of reports and options on the reports could be larger.

Vendor response

Thanks so much for the review @Jorgen. It's funny how simplicity is one of the hardest things to achieve with software because the inherent trade-off is to limit features and flexibilty. The report options are a case in point, it is very simple in that there are only a handful of report options to choose from which we feel are the staples but if you have other report ideas and options you'd like to build in, we can speak about custom developments whenever you are ready.

OC
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Oscar C.

Mining & Metals, 501-1,000 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great ERM Solution, personalized customer support

Reviewed 3 months ago

The GOAT implementation was successful and the users are updating their risks on the software on a weekly basis. GOAT is helping us a lot to create GMV's Risk Management culture.

Pros

User friendly interface and processes, fast onboarding, excellent customer service

Cons

There is no specific feature that I liked the least. The product is great.

SD
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Stuart D.

Professional Training & Coaching, 1-10 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Goat Risk Leadership

Reviewed 3 months ago

Our client was working with an excel spreadsheet as their risk register and it was ineffective in supporting risk management, leadership and capability in the organisation. The Goat Risk platform has allowed this business to have a clear line of sight of risk, owners and controls that is up to date and most importantly the leadership from Board through to frontline have altitude control and can review designated risks in real time. This has reduced cost for the business and allowed for greater transparency for the business and regulators in that industry.

Pros

The platform is easy to use, dynamic and supports the teams to understand and effectively lead and manage risk in the organisation. It allows non risk experts to achieve a capability and understanding of their critical part in the risk environment.

Cons

No issues with the Goat Risk platform at all.

SW
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Susie W.

Insurance, 51-200 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Easy to use and very cost effective.

Reviewed 4 months ago

The system is intuitive, when we have needed support it has been easy to liaise with someone and it has really helped with managing operational risk at our business.

Pros

The product is very easy to use and it was really helpful that we were able to trial it before we signed up.

Cons

It would be good to have recurring actions on there.

Vendor response

Hi Susie. Thanks for making the time to leave such a helpful review. I will, if I may, drop you a separate email, just to ask if you'd like to find 5 minutes to discuss the 'recurring actions' mentioned.

CT
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Carmen T.

Financial Services, 501-1,000 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great Product

Reviewed 3 months ago

Goat has simplified our risk management process and its ease of use has changed the risk culture throughout our organisation. I would highly recommend this product.

Pros

It includes risk theory without being overwhelming. We have noticed that people with no formal risk management training were able to use the product.

Cons

None, the developers are always open to suggestions.

Vendor response

Hi Carmen! Thank you so much for taking the time to write and leave us such a positive review. We're really delighted to hear that the tool has simplified your process and improved risk culture. Warmest regards, Scott.

TW
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Tina W.

Financial Services, 51-200 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Goat risk review

Reviewed 4 months ago

It's an excellent product that has enabled risk management to become embedded in the business. This is a direct consequence of its simplicity and ease of use. Our team loves Goat.

Pros

This software is easy to use and intuitive.

Cons

I cannot think of anything.

Vendor response

Thank you for such a glowing review Tina! We're so delighted you and the team there are enjoying GOAT Risk :-)

AG
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Angelique G.

Construction, 51-200 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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GOAT Risk Review - Paul Davis Restoration, Inc.

Reviewed 10 months ago

We have found GOAT to be a useful, cost-effective tool as we are maturing our Risk Management program.

Pros

Overall the tool is very easy to use and implement, especially for small to medium-sized organizations looking to "get off spreadsheets" and manage and report risks in a more automated fashion. The tool allows us to create multiple Risk Profiles specific to our organization's requirements. For example, we started with a risk profile for our franchisee network and are planning on additional risk profiles...

Cons

The standard reports are a great out-of-the-box solution. And yet, we are finding the need for some custom reporting to support the requirements of our Senior Leadership team and other stakeholders.

Vendor response

That's a great review Angelique, thank you very much for taking the time to explain how you use it in your organisation. I'll be in touch to see if we can help you further on the reporting perhaps on a custom development basis.

LM
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Lisete M.

Investment Management, 51-200 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Easiest RM system to use

Reviewed 4 months ago

Love how easy and simple the system is to use/navigate, the flexibility to change/amend almost all existing fields is a bonus as you can align to your own terminology .

Pros

Its intuitive, easy to navigate and find your way around without much training required. The Dashboards and Risk Register reports are great providing a clear view of the risk assessment, risk exposure and all linked items (such as actions, controls, KRIs) in one place.

Cons

Control assessment/rating is at all controls only rather than each control separately, No Risk Event reporting directly into the system, additional boxes to record relevant risk event data, and reporting extraction into EXCEL not just PDF

Vendor response

Hi Lisete. Thank you for leaving us a review. That's very much appreciated. I know our CEO, Danny, has dropped you an email to organise a catch up call.

JC
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Jennifer C.

Government Administration, 5,001-10,000 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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GOAT Review

Reviewed 2 years ago

We are introducing GOAT to centralise the recording and reporting of risks across the organisation. In turn, GOAT will help improve the risk culture and awareness of risk across service areas, especially where there are relationships and interdependencies.

Pros

I like that the software is intuitive and simple to use without over complicating the risk information which is needed from each risk owner.

Cons

Due to the fact we have to create multiple reports with multiple contributors with varying formats, the pdf reporting functionality doesn't suit our reporting processes. Having the ability to download the report into Microsoft word would allow us to better customise the risk report, dependant on the audience who is reviewing it.

RS
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Russell S.

Oil & Energy, 51-200 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

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A simple. but, powerful tool that allows risks to be taken out of a spreadsheet and shared.

Reviewed 2 years ago

Risk Register preparation at enterprise level.

Pros

Very simple to deploy and use, the ability to assign the risk and actions to risk owners and have the program automatically follow them up is appreciated.

Cons

The ability to tun on and off the three types risk (treated, untreated and target) will reduce clutter when presenting risks to the board or in other formal presentations.

Vendor response

Thanks for the review @Russell, great to hear that you find it a "joy to use" because we need to make risk management engaging and fun for your stakeholders. You might be able to try adding a drop down menu in the templates to address the different types of risks but if this doesn't quite do it, then let me know if you want to discuss a small custom development project. Danny

IP
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Ian P.

Utilities, 51-200 employees

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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GOAT review

Reviewed 3 years ago

Excellent!

Pros

Its ease of use and the guidance built into the software. The built in reports

Cons

In the controls description field not enough of the text is visible while typing. Inability to delete templates. Inability to copy or duplicate a risk

RA
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Rob A.

Philanthropy, 11-50 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great product

Reviewed 3 months ago

Refreshingly simple with some powerful outputs

Pros

Easy to use and simple to navigate around

Cons

Not applicable - I think the system is great

Vendor response

Thank you for taking the time to leave us such a positive review Rob. We really appreciate it.

AB
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Alan B.

Hospital & Health Care, 51-200 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great product, simple to use, efficient and cost effective.

Reviewed 10 months ago

I have found GOAT ti be a really useful tool that has allowed us to evolve from the old spreadsheet recording system. It makes the management, oversight and reporting of risks more collaborative and straight-forward.

Pros

The application has been very simple to implement within the company, and the support from [SENSITIVE CONTENT] has been great. It is an intuitive product and our managers have been able to pick it up with minimal training. Having the ability to create and use custom fields has been useful for us.

Cons

Not being able to add our our titles to custom reports was disappointing, however I can completely understand the limitations following a chat with [SENSITIVE CONTENT]. We have found a workaround, which meets our requirements locally.

Vendor response

Thanks for this honest review Alan, we love that you see the flexibility of GOAT and are open to these workarounds.

MS
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Mark S.

Real Estate, 201-500 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

GOAT Risk Review

Reviewed 3 months ago

Very Good

Pros

Goat Risk is simple to use, and really helps my day to day management of risk. It really is a great resource!

Cons

Vendor response

Thanks for your review Mark. We really appreciate your time, and of course the positive feedback!

BE
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Brett E.

Education Management, 201-500 employees

Used monthly for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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One stop shop Risk Management

Reviewed 4 months ago
Pros

A great product to keep on top of risk management issues for our business

Cons

It would be great to keep growing the reporting options

Vendor response

Hi Brett. Thank you so much for taking the time to write this positive and helpful review. Danny, our CEO, will reach out separately via email with regards to growing the reporting options. We're all ears and are very interested to learn more about what additional functionality you would find helpful. There have also been some system developments in this regard that might already fit the bill! Best wishes and thanks again, Scott.

NB
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Natasha B.

Fishery, 11-50 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Fantastic Risk Management Tool

Reviewed a year ago

A very positive experience with GOAT, easy to use tool, I can get all my team on board and adding all their department risks so we all have visibility and can support one another. Fantastic customer service, very responsive and even a personal call from the CEO.

Pros

Exceptionally easy to use tool, no training required.

Cons

None identified so far, we're still learning as we go along.

Vendor response

Thanks so much for your positive review, you're such a great champion of our product!

KB
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Kirsten B.

Computer Software, 11-50 employees

Used monthly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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Goat Risk is a good risk management software alternative for SMBs

Reviewed 3 months ago
Pros

It is relatively easy to set up and start using. And the standard reports are really useful!Personally I like the "Trend and Executive Summary" part as this is what I use in my reporting to the board and owners. Support from the vendor is excellent. They respond very fast to any question or issues.

Cons

It does not include a archive function for closed risks. It is important to also have a overview of risks that is sorted/mitigated during and not at least in the end of a year.

AR
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Verified reviewer

Real Estate, 201-500 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Simply brilliant

Reviewed 3 years ago

This is easy to use and provides great reports to facilitate the board but in and understanding of risk registers. It is presented very well. GOAT offer great follow up support to help with any queries during the initial set up phase and beyond. I genuinely believe that this is a top class product developed by people who understand risk but also the need to simplify its delivery. Simply brilliant

Pros

The thing I like most is the ease of use but also the visual outputs / reports it provides without any set up needed.

Cons

My least favourite thing about the product was setting up the initial templates.

Vendor response

Thank you for for the great review, we completely understand configuring the system is the least easy thing to do in GOAT as this is only done seldomly by the Administrator. You've probably figured it out by now but we also have a step by step guide to Creating Templates in our Training and Support section of the system.

AR
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Verified reviewer

Financial Services, 1-10 employees

Used weekly for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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The Goat..zilla

Reviewed 3 months ago

ERM risk management of the company and audit report

Pros

Easy to apprehend, easy to deploy, straight to the point

Cons

Still in the making, a few missing features and limitations

CK
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Charles K.

Insurance, 201-500 employees

Used weekly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

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GOAT Risk Solutions

Reviewed a year ago

You shouldn't compare GOAT Risk Solutions with other Enterprise solutions as this would not be a fair comparison. GOAT is intended to offer a more immediate inexpensive exploration into managing risk with opportunity to customise if further functionality is required.

Pros

Ease of use and immediate impact on categorisation of risk.

Cons

Lack of configurable options 'out the box'.

JW
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Jean W.

Food Production, 1,001-5,000 employees

Used monthly for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Great and simple toll

Reviewed a year ago
Pros

Really helpful in structuring the risk management approach, also, user friendly and very intuitive

Cons

No possibility to have geography categorisation , not convenient for large group if it is to be cascade in different regions and production site.

Vendor response

Thanks for your review Jean, great to hear you enjoying using GOAT. We can do categorisation through the templates but we will be in contact to make sure you are getting the best out of GOAT.