Compare Essential ERM and Ncontracts 
At a Glance
Market Segments
Enterprise (36.8% of reviews)
Mid-Market (83.1% of reviews)
Entry-Level Pricing
Free Trial
Contact Us
Essential ERM
Star Rating
(40)4.8 out of 5
Market Segments
Enterprise (36.8% of reviews)
Pros & Cons
Entry-Level Pricing
Free Trial
Free Trial is available
Browse all 3 pricing plansNcontracts
Star Rating
(183)4.7 out of 5
Market Segments
Mid-Market (83.1% of reviews)
Pros & Cons
Entry-Level Pricing
Contact Us
Browse all 4 pricing plansSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that Essential ERM excels in user experience, highlighting its intuitive interface that makes navigation easy for both beginners and seasoned professionals. Users appreciate how risks can be easily set up and linked, creating a clear hierarchy of risk scenarios.
- According to verified reviews, Ncontracts offers a comprehensive suite of products that work well together, which users find beneficial for their organizations. Reviewers mention that the ability to complete tasks through multiple options enhances their workflow, making it easier to achieve desired outcomes.
- Users say that Essential ERM stands out for its quick implementation process, with many praising the constant updates that keep the software relevant to their daily needs. This responsiveness to user feedback contributes to a positive overall experience.
- Reviewers mention that while Ncontracts has a solid support system, Essential ERM shines with its high-quality customer support, receiving top marks for being a reliable partner in business. Users feel that their concerns are addressed promptly and effectively.
- G2 reviewers highlight that Essential ERM's focus on risk management features, such as risk identification and audit trails, provides users with a robust tool for managing their risks effectively. This focus is particularly appreciated by risk managers looking for clarity in their risk assessments.
- According to recent feedback, Ncontracts is recognized for its innovation and commitment to improving user experience, with staff who genuinely care about client needs. This dedication to enhancing their offerings is a significant draw for organizations looking for a long-term partner.
Pricing
Entry-Level Pricing
Essential ERM
Professional Edition
Free Trial
Suitable for medium-sized teams
- All Essentials features, plus:
- Action Plan workflow module
- Voting & data collection
Ncontracts
Nrisk - Enterprise Risk Management
Contact Us
Ncontracts’ highly customizable ERM software empowers your financial institution to continuously evaluate, measure, and report on risk in real time. The cloud-based enterprise risk management system simplifies the ERM process – or makes your existing program more efficient. Skillfully govern your risk and control environment with real-time alerts on one centralized dashboard for a 360-degree view of risk.
- Leading risk assessment methodology
- Instant risk analysis tools
- Unparalleled model content
Free Trial
Essential ERM
Free Trial is available
Ncontracts
No trial information availableRatings
Meets Requirements
9.5
30
9.2
146
Ease of Use
9.6
31
8.8
147
Ease of Setup
9.4
26
8.2
113
Ease of Admin
9.6
23
8.5
108
Quality of Support
9.8
31
9.6
145
Has the product been a good partner in doing business?
9.9
23
9.5
108
Product Direction (% positive)
10.0
29
9.7
144
Features by Category
Case Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Investigation Management
Not enough data
Not enough data
Not enough data
Not enough data
Functionality
Not enough data
9.1
9
Not enough data
9.4
9
Not enough data
8.8
10
Not enough data
9.0
10
Risk assessment
Not enough data
9.8
10
Not enough data
7.9
8
Not enough data
9.5
10
Not enough data
7.3
5
Generative AI - Vendor Security and Privacy Assessment
Not enough data
Not enough data
Not enough data
Not enough data
Planning
Not enough data
8.8
12
Not enough data
8.1
9
Not enough data
8.7
10
Not enough data
9.0
13
Execution
Not enough data
8.5
9
Not enough data
8.3
10
Not enough data
8.3
9
Analytics
Not enough data
9.3
10
Not enough data
8.1
9
Not enough data
7.6
7
Integration
Not enough data
9.3
10
Not enough data
9.0
8
Not enough data
7.6
7
Generative AI
Not enough data
5.3
6
Not enough data
5.0
6
Agentic AI - Business Continuity Management
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI- Business Continuity Management
Not enough data
Not enough data
Not enough data
Not enough data
Environmental, Social, and Governance (ESG) ReportingHide 20 FeaturesShow 20 Features
Not enough data
Not enough data
Data Collection
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Reporting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Risk Management - Environmental, Social, and Governance (ESG) Reporting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Reporting - Environmental, Social, and Governance (ESG) Reporting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Environmental, Social, and Governance (ESG) Reporting
Not enough data
Not enough data
Not enough data
Not enough data
Risk Assessment
Not enough data
8.9
14
Not enough data
8.1
7
Risk Control
Not enough data
9.0
12
Not enough data
8.5
9
Not enough data
8.0
11
Monitoring
Not enough data
9.2
14
Not enough data
9.1
13
Not enough data
8.9
14
Reporting
Not enough data
9.1
13
Not enough data
9.0
13
Not enough data
8.9
11
Agentic AI - Third Party & Supplier Risk Management
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
6.8
11
Not enough data
7.4
11
Workflows - Audit Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Documentation - Audit Management
Not enough data
Not enough data
Not enough data
Not enough data
Reporting & Analytics - Audit Management
Not enough data
9.0
5
Not enough data
9.0
5
Not enough data
Not enough data
Generative AI
Not enough data
4.0
5
Not enough data
4.0
5
Agentic AI - Regulatory Change Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Onboarding - Contractor Risk Management
Not enough data
Not enough data
Not enough data
Not enough data
Document Management - Contractor Risk Management
Not enough data
Not enough data
Not enough data
Not enough data
Risk Management - Contractor Risk Management
Not enough data
Not enough data
Not enough data
Not enough data
Operational Risk Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Business Resilience
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Agentic AI - Operational Risk Management
Not enough data
Not enough data
Agentic AI - Vendor Management
Not enough data
7.6
7
Revenue Recognition
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Risk Management
9.6
25
9.3
17
9.5
25
9.4
17
9.6
25
8.8
15
9.2
22
8.7
15
Business Continuity Management
8.5
9
8.9
14
Feature Not Available
8.8
14
8.3
8
8.8
12
Generative AI
Not enough data
6.5
9
Not enough data
6.5
9
Platform
8.2
11
Feature Not Available
9.4
21
9.6
18
9.2
15
Feature Not Available
9.2
24
9.2
20
Services
9.9
24
9.1
19
9.4
24
9.2
18
9.9
25
9.6
18
9.6
17
9.5
16
Categories
Categories
Shared Categories
Essential ERM and Ncontracts are categorized as Enterprise Risk Management (ERM) and Regulatory Change Management
Unique Categories
Essential ERM is categorized as Investigation Management and Environmental, Social, and Governance (ESG) Reporting
Reviews
Reviewers' Company Size
Essential ERM
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Ncontracts
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Management Consulting
12.8%
Financial Services
10.3%
Oil & Energy
7.7%
Non-Profit Organization Management
7.7%
Medical Devices
7.7%
Other
53.8%
Banking
58.5%
Financial Services
31.0%
Information Technology and Services
2.3%
Real Estate
1.2%
Events Services
1.2%
Other
5.8%
Discussions
What does ERM software do?
1 Comment
WR
Help to identify and manage risks within a business Read more
Essential ERM has no more discussions with answers
Ncontracts has no discussions with answers
Hunting for software insights?
With over 3 million reviews, we can provide the specific details that help you make an informed software buying decision for your business. Finding the right product is important, let us help.
