Essential ERM

byEssential ERM

Essential ERM is a flexible, user-friendly enterprise risk management platform designed to help organizations identify, assess, and manage risks across their operations. It offers a secure, web-based application that enables businesses to make informed decisions, save time and money, and reduce risk while achieving strategic goals. Unlike traditional governance, risk, and compliance (GRC) tools, Essential ERM is purpose-built for enterprise risk management, providing a streamlined and intuitive user experience. The platform is configurable and scalable, allowing for quick setup and adaptability to the organization's needs. Key features include an interactive risk register, detailed risk records with scoring capabilities, risk relationships for structured reporting, action plans with automated reminders, integration with strategic objectives, a risk appetite dashboard, risk voting mechanisms, dynamic reporting, and key risk and performance indicators with automated alerts. Essential ERM is suitable for both new programs seeking fast deployment and mature ERM programs requiring scalable workflows and powerful reporting. It offers flexible packages tailored to the organization's size, industry, and risk maturity level.

Features

  • Interactive, spreadsheet-like risk register
  • Drag-and-drop reprioritization
  • Advanced filters for customized data views
  • Detailed risk records with categories and scoring
  • Contextual pop-up help tailored to the risk category
  • Integrated Bow Tie diagrams for visual scenario analysis
  • Linkage of parent risks with sub-risks
  • Auto-calculation of simple or weighted averages for scoring
  • Action plans tied to specific risks with automated reminders
  • Integration with strategic objectives
  • Strategy Dashboard for visualizing risks by business goal
  • Risk Appetite Dashboard with defined thresholds
  • Risk voting mechanisms with mobile and desktop options
  • Dynamic reporting with trend history
  • Board-friendly summary reports
  • Export options for BI tools
  • Key Risk & Performance Indicators (KRIs/KPIs) with automated alerts and email notifications

Product Details

Pricing
Subscription
Deployment
Cloud
Location
🇨🇦 Toronto, Canada
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