GOAT Risk Reviews
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55 Reviews
- Industry: Retail
- Company size: 10,000+ Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 10.0 /10
A great tool to embed risk management within a large organisation
Reviewed on 16/10/2020
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
Reasons for Switching to GOAT Risk
- Ease of use - Pricing model - Simple implementation - No training required- Industry: Health, Wellness & Fitness
- Company size: 1,001–5,000 Employees
- Used Monthly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Reporting Risk to the Board
Reviewed on 11/12/2023
Pros
It sits on top of our existing reporting and does not add to the workload by creating a seperate standalone system
Cons
The hardest part is not the system but the education of users to understand how to use it. We had a lightbulb moment where we nailed down the interaction between the register and the other reporting so that it was fed from the other reports rather than competed with them.
Response from GOAT Risk Solutions
Hi Doug. We just wanted to say thanks for taking the time to leave this helpful and positive review. It's really appreciated. Great to hear about your 'lightbulb' moment with regards to reporting too! Just let us know if there's anything we can ever help you or your growing user community with.
- Industry: Mechanical or Industrial Engineering
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
GOAT Review
Reviewed on 20/12/2024
Fit for purpose but needs AI to remain relevent in 2025
Fit for purpose but needs AI to remain relevent in 2025
Pros
Easy of use, interactive and an exceptional GUI. Quality Product.
Cons
Would like the analysis to be displayed in a BowTie format. Needs AI integration
Reasons for Choosing GOAT Risk
GOAT recommended by another user (Centamin)Switched From
Essential ERMReasons for Switching to GOAT Risk
Great GUI, Great Team, ease of use, its fit for purposeResponse from GOAT Risk Solutions
Many thanks for taking the time to write this detailed and helpful review Adam. We look forward to discussing AI further with you in 2025. Best wishes for the festive season.
- Industry: Financial Services
- Company size: 11–50 Employees
- Used Monthly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Chief Risk and Compliance Officer at Fennech Financial LTD
Reviewed on 20/12/2024
It is easy and intuitive to use and non risk folks can use it too! I have been recommending to my...
It is easy and intuitive to use and non risk folks can use it too! I have been recommending to my clients and network.
Pros
Simple, effective what it does, and well priced.
Cons
I think GOAT risk is very well suited for what is does and its market positioning.
Response from GOAT Risk Solutions
Hi Julien. Thanks for taking the time to write and post this review. We're thrilled to receive such positive feedback :) Best wishes for the festive period and we'll speak in 2025.
- Industry: Hospital & Health Care
- Company size: 2–10 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Feedback for Goat
Reviewed on 13/12/2023
Excellent -ease of use and fully supported
Excellent -ease of use and fully supported
Pros
Affordable and easy to use. Great support too
Cons
Nothing to mention that had any significant impact
Response from GOAT Risk Solutions
Hi Tayna. What a lovely review! Thank you so much :-)
It really does mean a lot to us as we grow our business. Hope to speak with you again soon and best wishes for the festive season.
- Industry: Public Policy
- Company size: 11–50 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
One home for Risk Management
Reviewed on 30/11/2023
Pros
This is a great piece of software that has helped us engrain risk management in our decision making and helped our reporting requirements to committees that run/govern our organisation.
Cons
We are happy overall with this software.
Reasons for Switching to GOAT Risk
Mainly the price point was the key benefit of this package.Response from GOAT Risk Solutions
Thanks for leaving us such a glowing review Marian! Everyone here is really delighted to hear that the system is helping you to embed risk management and improve decision making. Exactly what it's designed to do!
- Industry: Financial Services
- Company size: 201–500 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Enterprise Risk and GOAT
Reviewed on 04/08/2023
Great product and very easy to set up and use.
Great product and very easy to set up and use.
Pros
The ease for all people throughout the company to use the product and update the risks. Whether they are risk professionals or new to risk management.
Cons
More information could be displayed on the screen but instead there are blank spaces.
Response from GOAT Risk Solutions
Thanks for taking the time to write us such a positive review Mark - that's much appreciated. We're delighted to hear how GOAT Risk™ is helping both risk experts and non-risk experts alike to get hands on with risk management there.
- Industry: Import & Export
- Company size: 51–200 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
GOAT Risk Review
Reviewed on 26/07/2024
As a small company with a diverse, extensive and complex range of risks, we were looking for a...
As a small company with a diverse, extensive and complex range of risks, we were looking for a flexible, adaptable solution to help us document, manage and report on risk. The GOAT system more than meets our needs, at the same time providing exceptional value for money.
Pros
Whilst GOAT is set up with a standard configuration, the flexibility to revise and adapt the system to meet your own specific needs is a major plus!
Cons
My only minor criticism of the system relates to the reporting module which does not have the facility to output into Word or Powerpoint; in my eyes this would be beneficial.
Response from GOAT Risk Solutions
Thanks for taking the time to leave such a helpful and comprehensive review Colin. We've captured your comments relating to reporting, and will make sure to keep you informed of any system developments planned in this area.
- Industry: Information Technology & Services
- Company size: 1,001–5,000 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Cost Effective Solution for ERM
Reviewed on 04/04/2024
Pros
The GOAT Team are continuously improving he product based on feedback
Cons
Formatting issues with text input sometimes impacts reporting tools
Response from GOAT Risk Solutions
Thanks for leaving us such a wonderful review Dougie :) With regards to the formatting issues, we're assuming this is relating to where text is being copied and pasted between fields? We'll drop you a private message in this regard.
- Industry: Semiconductors
- Company size: 501–1,000 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Review of Software GOAT Risk Management
Reviewed on 08/07/2024
Pros
The Software GOAT Risk Management offers an attractive user environment. The integrated risk assessment and selection of control measures work excellently. Additionally, the control matrix functionality provides a clear overview of the implemented control measures. In summary, it’s a valuable tool for effective risk management!
Cons
While GOAT Risk offers an easy-to-use platform for risk management, there are some limitations in its reporting capabilities. Improving the reporting functionality could enhance the overall user experience and provide even better insights for decision-makers.
Response from GOAT Risk Solutions
Thanks for taking the time to write such a kind and helpful review Chiel - it's very much appreciated. Thanks also for your suggestions for improvement which have been duly noted on our development radar.
- Industry: Biotechnology
- Company size: 501–1,000 Employees
- Used Daily for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
The Only Option!
Reviewed on 08/08/2023
The problem with conventional risk management toolsets is that they are usually built around GRC...
The problem with conventional risk management toolsets is that they are usually built around GRC tools that require huge amounts of configuration before handing over to the client and constant support throughout the use of the product. They are often complicated to use, require users to undergo substantial training, and cost an absolute fortune. GOAT Risk is the exact opposite of this!If you're looking for a completely customisable risk management tool that doesn't require any support and comes jam packed with features straight out of the box at an incredible price, there is no other option. This tool is incredible and the team at GOAT are so helpful and willing to chat at any time.
Pros
OUT THE BOXStraight out of the box this tool is packed full of customisable features that allow you to manipulate the tool to fit seamlessly into well established risk management processes and procedures and instantly take you away from endless spreadsheets. Within 15 minutes I had our current risk assessment template configured in the software and was inputing data to test out how reports would export.TEMPLATESThe templates feature allowed me to push the customisation to not only include Open, Accepted, and Closed risk registers as well as risk assessment processes, but I could also utilise the customisable templates to create Remedial Action Plans to track actions from Audit and IT Health Check reports, Third Party Risk Registers to track security assessments carried out on partners and suppliers along with any incidents that may have an impact on their overall risk rating, and even Continual Service Improvement Plans to track progress on improvement projects. REVIEWING AND UPDATINGAll actions/risks are assigned to someone and the simple notification email including a link that takes the owner straight to the update section is so useful and increases risk engagement from none risk team members exponentially. This is invaluable, and due to the way that GOAT has been developed requires no configuration other than adding the users email address.
Cons
Dashboards have fairly limited customisation in comparison to every other feature in the tool.
Response from GOAT Risk Solutions
Hi Dan,
Thanks for taking the time to leave such a comprehensive (and glowing!) review. It's really appreciated :-)
We hope it will help other buyers in the market for a simple, yet effective risk platform at a sensible price with their decision process.
- Industry: Financial Services
- Company size: 501–1,000 Employees
- Used Monthly for 6-12 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Simple and Effective
Reviewed on 13/12/2023
The overall experience with GOAT is one which is positive. It is a system that will help drive a...
The overall experience with GOAT is one which is positive. It is a system that will help drive a stronger more embedded risk culture and help people manage their risks effectively. GOAT helps take away the mundane experience of excel and turn the risk identification into a more pleasing and engaging manner. This has helped massively with building a more proactive nature when identifying, scoring and reviewing potential risks to our business.
Pros
1. Easy to use for all layers of the business. this is a massive pro as it increases the awareness and visibility when conducting Risk Assessments.
2. The System provides fantastic reports which transport data from a profile to an easy to understand compound sheet helping the executive teams understand the risk data and take correct actions.
4. The interaction created through this tool helps create a stronger bond between risk functions and those risk owners - GOAT helps articulate Risk Management in a non-complicated manner
Cons
The ability to aggregate themes i.e., number of people risks identified in all profiles, or IT risks identified in all profiles. This would allow us to see those areas which have a number of risks associated to deep dive into the issues at hand. This has to be done manually at the moment but is still feasible to do with some guidance form the GOAT Team. other than that, there are no cons with this product
Response from GOAT Risk Solutions
Hi Reece. We just wanted to drop you a quick note to express our thanks for this detailed (and glowing!) review. We're really pleased you're enjoying the simplicity and effectiveness of the system, and hope to continue our partnership for many years to come.
- Industry: Higher Education
- Company size: 1,001–5,000 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
GOAT Risk Management
Reviewed on 21/12/2023
Pretty good with some niggles, although recognise that you get what you pay for!
Pretty good with some niggles, although recognise that you get what you pay for!
Pros
Mostly intuitive and user friendly.
Lets us choose who to give access to which risks.
Range of reports.
Cons
You can't customise the reports to deliver what we need for our committees. For example, would be good to have a report which ranks the risks based on the gap between the net and the target risks.
There are a few features that are not intuitive - for example, to save a report to your computer, you need to click on 'print' and to replace a user with a different user who is going to take on all of their risks, it is hard to find.
Response from GOAT Risk Solutions
Hi Ros (and a very Happy New Year to you). Thanks for taking the time to leave this helpful review. With regards to the net and target risk score gap report you mention, there is some advanced reporting functionality available in our 'Enterprise PRO' subscription.....
We'll drop you an email separately with more details!
- Industry: Nonprofit Organization Management
- Company size: 51–200 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great software and approach to risk managment
Reviewed on 27/12/2023
GOAT has been really useful for us and the level of support from [sensitive content hidden] and the...
GOAT has been really useful for us and the level of support from [sensitive content hidden] and the team has been nothing short of outstanding!
Pros
The ability to simplify risk management, allocate to users and move away from spreadsheets!
Cons
Some admin work can be 'clunky' but [sensitive content hidden] and the team have been incredibly responsive in taking on feedback and developing solutions!
Response from GOAT Risk Solutions
Thanks for taking the time to leave us such a glowing review Ben. Your ongoing support is highly valued by all of the team here at GOAT Risk, and we hope to continue our partnership with you for many years to come.
- Industry: Education Management
- Company size: 201–500 Employees
- Used Weekly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Simple, affordable risk management
Reviewed on 13/12/2023
Pros
Simple to use online system that allows us to focus on the content of the risk register rather than the administration.
Cons
The heat map can be a little messy with a lot of risks, but it's a lot easier than trying to produce in Excel or similar.
Response from GOAT Risk Solutions
Hi Karen. Thanks for leaving us this helpful review; your time is very much appreciated. With regards to the heat-map becoming over-crowded, some of our clients find it helpful to switch one or two of the scoring 'dimensions' off e.g. Gross/Inherent and/or Target within their template before then running reports. We recommend that individual Profiles should ideally contain no more than 12-15 Risks, but appreciate that subscription costs increase in line with the number of Profiles being created! Just let us know if you'd like to jump on a call at any time to discuss this area in more detail.
- Industry: Accounting
- Company size: 11–50 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Goatrisk review
Reviewed on 08/12/2023
Exceptional value for money and overall a great package.
Exceptional value for money and overall a great package.
Pros
Ease of implementation and customer support.
Cons
At lower levels reports aren’t as in depth as you would like.
Response from GOAT Risk Solutions
Hi Ian. Thanks for taking the time to leave this very positive and helpful review - we really appreciate it! Let us know if you'd like to chat through reporting with us in more detail - we're always listening to feedback to inform our development roadmap. Our 'Enterprise PRO' subscription does include a Custom Scope report engine as a part of its suite of advanced functionality, so it might be that the 'depth' you mention can be delivered there.
- Industry: Electrical/Electronic Manufacturing
- Company size: 10,000+ Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Excellent Easy to Use Platform at an Incredible Low Cost
Reviewed on 14/06/2024
Very good experience and very please with the platform. All of our senior management have been very...
Very good experience and very please with the platform. All of our senior management have been very complimentary of this product and are very surprised at the low cost.
Pros
Very easy to use, setup and understand. Very, very low cost. Has a sleek look with a simple drag and drop heatmap. Includes tutorials and tips for users and has great customer service too.
Cons
Does not include some of the advanced cyber protections and cyber integrations we would like. The report functions could be improved (formatting and layout wise).
Response from GOAT Risk Solutions
Thanks for taking the time to leave such a helpful review John - it's very much appreciated.
- Industry: Sports
- Company size: 2–10 Employees
- Used Monthly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Sports Focus employs a GOAT
Reviewed on 20/12/2023
So far it is meeting our needs. We haven't fully explored the system yet. We are still working...
So far it is meeting our needs. We haven't fully explored the system yet. We are still working through the best way to utilise our subscription of 5 users and 1 profile.
Pros
Customisation
Seems simple to use
Quite intuitive
Cons
You don't know what you don't know, so if you're unfamiliar with Risk Management, it can be time consuming as you test the platform out.
Creating appropriate KRI can be challenging.
There's not a lot of depth to the tutorials. Being in the southern hemisphere, I'm reliant on the tutorials to provide quick answers.
No archive system for eliminated or obsolete risks. The response to create another profile for archiving means an escalation in cost from $600 to $1800 per annum.
Response from GOAT Risk Solutions
Hi Stuart. Firstly, thanks so much for taking the time to write this helpful review. Please drop us an email, or request help from within the Support & Training area if you need assistance at any time. If you'd prefer to jump on a call to discuss KRIs or indeed anything else, including configuration, or just risk management and best practice in general, please let us know. We're happy to join a very early morning or evening call here in the UK to overcome the time zone challenges!
- Industry: Dairy
- Company size: 1,001–5,000 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Starting to work with Goat Risk
Reviewed on 26/04/2024
Very knowledgeable people, super easy to work with Goat employees, quite easy to share "wishes".
Very knowledgeable people, super easy to work with Goat employees, quite easy to share "wishes".
Pros
value for money. Very easy going company. Easy to setup (does take only a few hours)
Cons
It is almost to easy to do business with them when you are part of a multinational and you have stakeholders like a legal and IT department.
Response from GOAT Risk Solutions
Hello Bert. Thank you for taking the time to post such a helpful review. We're delighted that you're enjoying the experience so far, and look forward to building a long and healthy working relationship with you :)
- Industry: Financial Services
- Company size: 51–200 Employees
- Used Weekly for 6-12 months
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
Straightforward Risk Management System
Reviewed on 06/03/2024
[sensitive content hidden] from GOAT are approachable, helpful and knowledgeable about the system...
[sensitive content hidden] from GOAT are approachable, helpful and knowledgeable about the system and risk itself. They have regularly reached out to offer assistance. Embedding GOAT is taking time but the base framework fits with our business and is working well.
Pros
The dashboard, functionality, and the reports.
Cons
Would suggest more tips/examples around KPIs and the ability to attach documents.
Response from GOAT Risk Solutions
Thanks for taking the time to leave such a helpful review Jenny. It's much appreciated, and we're delighted to hear that the system is fitting with your business needs and working well.
- Industry: Mining & Metals
- Company size: 51–200 Employees
- Used Weekly for 1-5 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Ease of overall use
Reviewed on 25/04/2024
Very positive overall. The customer support function and abilities are superb. Calls are answered...
Very positive overall. The customer support function and abilities are superb. Calls are answered within hours.
Pros
The setup was painless and the ease of use in general is very good.
Cons
None comes to mind. It was however slightly difficult at the outset to draw reports and to customize reports.
Response from GOAT Risk Solutions
Hi Marius. Thank you very much for kindly taking the time to leave such a positive review. We're all really delighted you're enjoying the system (and our support function too!).
- Industry: Food Production
- Company size: 5,001–10,000 Employees
- Used Weekly for 1-5 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Manual Risk Assessment to Cloud-Based Online Tool
Reviewed on 11/12/2023
Though, we are still on a start-up stage we are happy with the overall experience with GOAT Risk.
Though, we are still on a start-up stage we are happy with the overall experience with GOAT Risk.
Pros
What we like about GOAT Risk is the ease of use. It very user-friendly at a very reasonable price. We can also customize the system according to the business needs. Now we have one single source of truth as we can easily see per departments risk register.
Cons
I just experience system glitch during the customization stage but it was resolved by the Dev Team.
Consider also adding more than one system administrator.
Response from GOAT Risk Solutions
Hello Dimple. Thank you for taking the time to write us this helpful review. We very much appreciate your time. Thank you also for your thoughts about 'Multi-Admin' functionality. This is on our Development Radar and we will make sure to let you know if/when it makes it onto our stack for implementation and has subsequently gone live :-)
- Industry: Financial Services
- Company size: 51–200 Employees
- Used Monthly for 1-5 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Amazing Enterprise Risk Management System
Reviewed on 24/04/2024
Pros
We are a mid-sized personal lending company and GOAT Risk is perfect for our needs.
We need a platform to regularly assess, manage and monitor our Enterprise Risks and Incidents and GOAT is exactly the solution we were after.
GOAT is industry-agnostic and could be utilised by a number of companies - I would highly recommend, especially if you do not require a fully integrated ERM/GRC system.
Cons
Certainly not a con, although the navigation of reporting is not quite as agile as I would like, however this is a very minor drawback.
Response from GOAT Risk Solutions
Thanks for leaving us such a helpful and glowing review Kane :) We're absolutely delighted you feel the system is perfect for your needs. Just let us know when you'd like to have that discussion around reporting.
- Industry: Information Technology & Services
- Company size: 2–10 Employees
- Used Monthly for 6-12 months
-
Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
A positive experience, leading to better risk management
Reviewed on 07/08/2023
Introducing Goat Risk has been a positive experience and the Goat team have been supportive...
Introducing Goat Risk has been a positive experience and the Goat team have been supportive throughout
Pros
Goat Risk is simple to use and easy to deploy.
Cons
Email alert / workflow lacks detail needed to engage users without other prompts
Response from GOAT Risk Solutions
Thanks for taking the time to write us this helpful review Duncan - much appreciated!
- Industry: Financial Services
- Company size: 51–200 Employees
- Used Monthly for 1-5 months
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
User Friendly Risk Mangement solution with good support !
Reviewed on 22/12/2023
Very Good communication and support team in place
Very Good communication and support team in place
Pros
Easy to use, implement and roll out to business
Cons
In the early stages of usage however none at present
Response from GOAT Risk Solutions
Hi Neville. Thanks for leaving us this kind and helpful review. We'll check in with you during 2024 to see how things are going, but if you or your user community need any support before then, please don't hesitate to get in touch.