Best Enterprise Risk Management (ERM) Software - Page 9

Oversecur

Oxial GRC

Oxialoffers interoperable software modules for the comprehensive management of risk, internal control, and internal audit.

Pelican

Pelican ERM is an integrated enterprise risk management system developed by Vose Software, designed to assist organizations in identifying, evaluating, and managing risks across various business functions. The system comprises four primary modules: risk identification, quantitative evaluation, risk dashboards, and task assignment with monitoring capabilities. In the risk identification module, Pelican enables businesses to catalog potential risks and outline strategies for their management. This foundational step ensures a comprehensive understanding of the risks an organization faces. The quantitative evaluation module allows for the assessment of the likelihood of these risks occurring and the potential impacts they may have on the business. This data-driven approach facilitates informed decision-making and prioritization of risk mitigation efforts. Pelican's risk dashboards provide a visual representation of the organization's overall risk profile, adherence to risk management strategies, and tracking of changes in risk-based performance and potential threats. These dashboards are customizable and accessible via various devices, including tablets, PCs, Macs, and smartphones, ensuring that authorized personnel can monitor risk metrics in real-time. The task assignment and monitoring module allows for the delegation of specific risk management tasks to individuals within the organization. It includes features such as automatic email reminders for upcoming or overdue tasks, ensuring accountability and timely completion of risk mitigation activities. A notable feature of Pelican is its use of Bowtie diagrams, which visually represent risk events along with their potential causes and consequences. This tool aids in communicating mitigation and control strategies effectively. Additionally, Pelican maintains a database of past risk experiences and management strategies, enabling organizations to learn from historical data and apply effective strategies to new, similar risks. Pelican also supports the comparison and ranking of risks across multiple exposure types, such as financial, health and safety, environmental, legal, strategic, and cash flow. This comprehensive approach ensures that all potential impacts are considered in the risk management process. The system promotes a collaborative approach to risk management by allowing any employee to raise potential risk issues online, with an option for anonymity. This feature ensures that risks are identified through both top-down and bottom-up approaches, fostering a culture of proactive risk management within the organization. Furthermore, Pelican integrates seamlessly with other Vose Software products, such as ModelRisk and Tamara, centralizing information and enhancing the overall risk management process. This integration ensures consistency and efficiency in managing risks across the organization. In summary, Pelican ERM offers a robust and user-friendly platform for organizations to systematically identify, evaluate, and manage risks. Its comprehensive modules, visual tools, and collaborative features make it a valuable asset for businesses aiming to enhance their risk management strategies and ensure organizational resilience.

Pensemos ERM

PerilPulse

PerilPulse returns property-level hazard risk for every address in the United States: letter grades A–F across 25+ hazard types — flood, wildfire, wind, hail, earthquake, storm surge, lightning, sinkhole and more — over a JSON API with sub-100ms responses. Pricing is published openly: $1.40 per query, down to $0.50 at volume, a $50 deposit to start, 3 free queries on signup with no credit card, and no annual contract. Public API documentation at perilpulse.com/api.

Predict!

Predict360 Risk and Compliance Intelligence Platform

Predict360 is an integrated risk and compliance management software platform for financial and insurance organizations. It integrates risk and compliance processes and industry best practices content into a single platform that streamlines regulatory compliance, improves efficiency, predicts risk, and provides best-in-class business intelligence reporting. Predict360 includes the following Risk Management applications: Enterprise Risk Management (ERM), Risk Management and Assessments, Risk Insights, Issues Management, Peer Insights, Third-Party Risk Management, Internal Audit and Findings Management, and Quarterly Certifications and Attestations. Predict360's Compliance applications are: Compliance Management, Compliance Monitoring & Testing, Complaints Management, Regulatory Change Management, Regulatory Examination and Findings Management, Policy & Procedure Management, Third-Party & FinTech Partner Compliance, and Marketing Ad Review.

Prism Layer

ProcessFrame

ProcessGene GRC

ProcessGene GRC software solutions establish an automated workflow that reduces the time and cost of GRC efforts and eliminate manual labor, maintenance of multiple excel spreadsheets, etc.

PYX4 Risk

Quantate

Quantate is a web 2.0 risk and compliance management solution that is offered as SaaS and local installed versions.

R2C_GRC

RAID

ReadiNow

ReadiNow enables highly regulated organizations to rapidly build digital solutions to ever-changing business problems. The ReadiNow GRC platform allows businesses to swiftly automate risk management processes and improve productivity across the organization. This no-code platform democratizes solution development by allowing business experts to build their own solutions, to manage the ever-changing risk and compliance landscape.