Essential ERM Reviews

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies. The indicators are easy to track and monitor. The workflows and other functionalities improve decision making and collaboration. It can be implemented in a very short time (2-6 weeks) even without IT implementation experience and their team is prompt and responsive. Its a must have as risk assessments should be dynamic and risk data are quickly changing. An entity can use every day to know whats top of mind or emerging risks and escalations that must responded to.

Because audiences are different, report customizations would help.

This program is considered very wonderful for several reasons, firstly that it provides new methods in the ways of managing business and institutions and facilitating communication by providing a suitable software environment to complete businessIt and is easy to use and its intervention in the work is very useful

There is one thing I did not like that it takes more time than I expected to master it, but after you master it, it will be comfortable to use

Our initial introduction with Essential ERM was very positive. They listened to what we already have in place and clearly demonstrated what their solution could offer. This is a very comprehensive package, that can be started in a small way and then extra added as and when the business users become more familiar. The demonstration went through the full offering and it was easy to understand how it could fit within our businesses. The analytics reporting is excellent and ideal for high level reporting to Boards or individual business units.

From the experience we have using the trial and demo, we could not think of any cons.

The optionality of the tool within the individual modules.

I would like a bit more control over the format of printable reports but this is very minor.

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. It allowed me to find issues that I would otherwise have missed, or forgotten about. Not to mention that is super easy to use!

Despite the lack of issues with essential ERM, since the program worked great, the part I dislike most is that Essential ERM highlights a lot of the issues, mistakes, or problems that have been hidden from me. Highlighting my issues only shows that the way to improve this part I dislike is solely on me now.

It was the perfect solution to increase our risk management maturity. We have a much clearer view of our program and risk profile after we started using the tool.

There could be some more reporting options and report types, but overall it fulfill our needs very well.

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

Haven't used it enough to determine how "real time" customer support is. But overall, Miles and his team have a great Risk Management tool here.

Essential ERM is easy to configure and use. Manual processes can be automated to make ERM administration and reporting much more efficient.

Transitioning from another application or manual risk tracking requires some effort to enter all of the data for the first time. However, the efficiencies after initial configuration and data entry quickly outweigh the effort and time for initial entry.

The product is easy to use and to implement.

Would love integration with audit software.

I found it easy to use, and especially like the way we can integrate it - with our strategy and with our work plans, so it is a living process.

Truly, I don't find anything missing. We've had great support, the site is fast and reliable and secure. I like the way they stay on top of the ERM trends and keep improving the product.

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

As it is a developing piece of software there are some features that are still to be added, such as the reporting capabilities, but the response to ideas and queries has been excellent, and I'm confident things will continue to grow/improve!

This software is simple while providing the essential requirements to enable leaders to identify and manage risks, adding valuable insights to help them be more successful.

Creating and maintaining a valid value added risk assessment is challenging. Leaders and teams often struggle to identify and describe risks in ways which add value. Libraries and industry data can provide management with a reference point and in identifying "blind spots". Effective risk management is being able to consider the unlikely and undesired, biases get in the way. Essential ERM provides a solid database. Management may face bias challenges.

The software is seamless, very easy to implement and extremely user friendly. There is no clutter and any complicated functionality. Very easy to configure and has very good reporting options.

The product needs more reports, but I am sure they are being developed and will be part of the upcoming releases.

Methodology - Bow Tie.
Voting capability.
Risk event views.
Reporting views.
Ability to see and address gaps

Big issue - If I have the same action repeated for several risks it shows up as different actions.
Minor issue - Lack of printable /sharable risk event view (when needing to share outside of software, e.g. in a meeting)

- User friendly
- Great Bow-tie functionality
- Great pricing

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

Ease of use,
User friendly
Easy to create risk categories
Easy to conduct analysis

Some of the features are under development. Although, the development team is very recptive to suggestions

The software was easy to use and update information.

Doesn't integrate with GRC systems (it wasn't designed to!)