Risk management stays centralized
Risk is owned by a small team, with limited engagement from the business. Ownership and risk culture fail to take hold across the organization.
Essential ERM - Enterprise Risk Management Platform
ESSENTIALERM
Enterprise Risk Management That Works Across the Business
Connect risk to strategy and enable business teams to actively manage risk — without the complexity of traditional GRC platforms. Replace spreadsheet-driven or centralized risk programs with a practical system designed for real-world adoption.
No credit card required
30-day implementation
Enterprise support
What is enterprise risk management (ERM) software?
ERM software helps organizations identify, assess, and manage risks across the business, with a focus on how those risks impact strategic objectives and decision-making.
In practice, many ERM programs struggle because they remain centralized or overly complex. Essential ERM is designed to make ERM practical and usable across the organization.
The challenge
Why many ERM programs fail
Tools are too complex or too narrow
Traditional GRC platforms are difficult to implement, maintain, and use, while point solutions address only part of the problem.
Risk isn’t clearly connected to strategy
Risks are tracked, but not meaningfully linked to objectives or decision-making. Risk registers grow quickly and lose relevance.
Third-party risk is disconnected
Vendor and external risks are managed separately, without a unified view.
Essentials is designed to address these challenges directly—making risk management practical, connected to strategy, and adopted across the organization.
In practice
How Essentials works in practice
Essentials is designed to make risk management practical, connected to strategy, and adopted across your organization.
Start simple and grow over time
Start quickly with a practical foundation, then expand your ERM program as your organization matures — without having to redesign or replace your system.
Engage the business in risk management
Assign clear ownership across teams and enable business users to identify, assess, and manage risks directly using simple, structured workflows.
Connect risk to strategy
Link risks to strategic objectives and initiatives to understand how uncertainty impacts performance and decision-making.
Extend risk beyond the organization
Manage third-party and vendor risk alongside enterprise risk, maintaining a unified view across your organization and its ecosystem.
How Essential ERM compares to other ERM and GRC approaches
Many platforms are designed primarily for specialists managing risk centrally. Essentials is designed for organizations that want risk management to be adopted more broadly across the business and connected to strategy.
| Area | Traditional GRC platforms e.g. AuditBoard, LogicGate | Operational risk tools e.g. Resolver | Our approach Essential ERM |
|---|---|---|---|
| Primary focus | Broad capabilities across risk, audit, and compliance | Risk registers, incidents, and operational tracking | Enterprise risk management with a focus on strategy and decision support |
| Implementation | Often requires significant configuration and implementation effort | Typically moderate implementation effort | Structured, streamlined implementation designed for faster time to value |
| Usability | Typically designed for risk, audit, or compliance specialists | Often used within central or functional teams | Designed for use across business and risk teams |
| Adoption model | Often centralized within specialist functions | Often centralized or departmental | Designed to support central teams and distributed ownership across the organization |
| Strategy linkage | May be indirect or vary by implementation | Typically limited | Directly links risks to strategic objectives and initiatives, deep strategy integration available |
| Scope | Broad and configurable, but can be complex to manage | Focused on operational or functional risk areas | Enterprise-wide view of risk, connected across business activities |
For dedicated third-party risk management, see VenTrack.
_BestMeetsRequirements_Mid-Market_MeetsRequirements.svg)
_BestSupport_Enterprise_QualityOfSupport.svg)
_BestSupport_Mid-Market_QualityOfSupport.svg)
_BestSupport_QualityOfSupport.svg)
_BestUsability_Mid-Market_Total.svg)
_EasiestAdmin_EaseOfAdmin.svg)
_EasiestAdmin_Enterprise_EaseOfAdmin.svg)
_EasiestAdmin_Mid-Market_EaseOfAdmin.svg)
_EasiestSetup_EaseOfSetup.svg)
_EasiestSetup_Mid-Market_EaseOfSetup.svg)
_EasiestToDoBusinessWith_EaseOfDoingBusinessWith.svg)
_EasiestToDoBusinessWith_Enterprise_EaseOfDoingBusinessWith.svg)
_EasiestToDoBusinessWith_Mid-Market_EaseOfDoingBusinessWith.svg)
_EasiestToUse_Enterprise_EaseOfUse.svg)
_EasiestToUse_Mid-Market_EaseOfUse.svg)
_FastestImplementation_Mid-Market_GoLiveTime.svg)
_HighPerformer_Enterprise_HighPerformer.svg)
_HighPerformer_HighPerformer.svg)
_HighPerformer_Mid-Market_HighPerformer.svg)
_HighestUserAdoption_Mid-Market_Adoption.svg)
_MostImplementable_Mid-Market_Total.svg)
_UsersMostLikelyToRecommend_Mid-Market_Nps.svg)
