Explore Essential ERM
Essential ERM is an innovative and user-friendly solution in the Enterprise Risk Management category designed to simplify and operationalize risk management for organizations of any size and sector. Built with senior executives and business managers in mind, it eliminates unnecessary complexity by providing an intuitive interface and practical features aligned with COSO and ISO risk frameworks. Essential ERM helps businesses identify, track, and mitigate risks effectively while aligning with strategic objectives. Explore exclusive deals. For more solutions, consider Sprinto.
Why Use Essential ERM?
Choosing Essential ERM provides several key benefits:
- Ease of Use: Designed to eliminate complexity, Essential ERM can be configured and operational within minutes, requiring no prior risk management expertise.
- Comprehensive Risk Management Tools: Equipped with unique features like bow-tie diagrams, automated voting, strategy-based risk linking, KRIs/KPIs, heatmaps, and action plans.
- Dynamic Reporting: Generates detailed, real-time reports with easy data export capabilities for deeper analysis.
- Scalable Configurations: Start with a basic setup to minimize learning curves and adopt additional advanced features as your risk management requirements grow.
- Confidential Risk Portfolios: Streamlines enterprise risk management by allowing multiple business units to manage risks independently while linking them for enterprise-wide oversight.
- Robust Security: Offers features such as two-factor authentication and optional integration with external tools like Active Directory and APIs for enhanced security and flexibility.
Who is Essential ERM For?
Essential ERM caters to a broad range of users and industries:
- Enterprises: Ideal for organizations wanting to consolidate risk tracking across divisions and maintain a real-time risk profile.
- Small and Medium-Sized Businesses (SMBs): Perfect for businesses transitioning from manual processes like spreadsheets to a structured and scalable solution.
- Consultants and Risk Managers: Provides the tools needed for better stakeholder collaboration, strategic decision-making, and improving risk visibility.
- Multinational Corporations: Supports global operations with multi-language interfaces in English, French, German, and Spanish.
Essential ERM is the ultimate solution for organizations looking to modernize and enhance their risk management processes with minimal setup. Its flexibility and intelligent features ensure efficient risk mitigation, cost savings, and improved strategic alignment, making it an indispensable tool in today’s complex business environment.
Essential ERM Satisfaction and Score
Essential ERM Score and Review
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Essential ERM Pricing and Features
Essential ERM Pricing
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Essential ERM Product Experience
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Steps to Cancel Essential ERM Subscription
Essential ERM Pricing
To cancel an Essential ERM product, follow these steps:
- Contact your system administrator or support team.
- Request the cancellation of the specific risk or feature.
- Use the “Suppress” link if available to remove the risk from the Risk Appetite Dashboard.
- Confirm the cancellation through the appropriate channels as set by your administrator.
Most frequent question about Essential ERM
Essential ERM is a web-based enterprise risk management software that helps enterprises automate the process of identifying, prioritizing, and managing top business risks. It includes features such as risk, root cause, and mitigation tracking, dynamic heat maps, action workflows, and risk bowtie support.
Essential ERM streamlines risk collection by eliminating manual data collection and automating reporting roll-up and drill-downs. It also maintains program integrity with automated change tracking and allows users to align risks to strategic objectives and desired business outcomes.
Essential ERM offers advanced features such as interactive risk bow tie diagrams, automated risk votes, RCSA automation, action plans, incident management, and compliance tracking. It also allows users to model their organization and manage user permissions, ensuring that users only see the information they have access to.
Essential ERM supports compliance by managing internal and external compliance effectively, automating the generation of reports to satisfy regulatory agencies, and facilitating SOX compliance through evidence tracking and control testing. It also provides real-time data for boards and committees to make informed decisions.
Features coming soon to Essential ERM include risk voting and multiple risk portfolio management.
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