Compare Essential ERM and Workiva 
At a Glance
Market Segments
Enterprise (38.5% of reviews)
Enterprise (57.2% of reviews)
Entry-Level Pricing
Free Trial
No pricing available
Essential ERM
Star Rating
(41)4.8 out of 5
Market Segments
Enterprise (38.5% of reviews)
Pros & Cons
Entry-Level Pricing
Free Trial
Free Trial is available
Browse all 3 pricing plansWorkiva
Star Rating
(2,120)4.5 out of 5
Market Segments
Enterprise (57.2% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about WorkivaSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that Workiva excels in overall user satisfaction, boasting a significantly higher G2 Score compared to Essential ERM. Users appreciate features like the ability to link financial statements and supporting documents, ensuring consistency and accuracy in reporting.
- Users say that Essential ERM offers an intuitive interface that makes it easy for both beginners and experienced professionals to navigate. This user-friendly design is highlighted as a key strength, allowing for straightforward risk setup and management.
- Reviewers mention that Workiva's comprehensive audit trail is a standout feature, making internal audits and external reviews much simpler. Users have noted that every change and approval is tracked, which enhances transparency and accountability.
- According to verified reviews, Essential ERM is praised for its constant updates and relevance to daily tasks, which keeps users engaged and satisfied with the tool's performance over time.
- G2 reviewers highlight that while Workiva has a robust feature set, including custom dashboards for tracking progress, it faces challenges in meeting specific workflow needs for some users, who report occasional configuration difficulties.
- Users report that Workiva's implementation process is generally quick and efficient, with many appreciating the intuitive onboarding wizard that helps teams get started without significant delays, contrasting with Essential ERM's more complex setup experience.
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
Workiva
No pricing availableFree Trial
Essential ERM
Free Trial is available
Workiva
No trial information availableRatings
Meets Requirements
9.5
31
8.8
912
Ease of Use
9.6
32
8.7
1,651
Ease of Setup
9.4
27
8.2
1,216
Ease of Admin
9.6
23
8.6
201
Quality of Support
9.8
32
8.8
856
Has the product been a good partner in doing business?
9.9
23
9.0
204
Product Direction (% positive)
10.0
30
9.1
872
Features by Category
Budget Creation
Not enough data
8.5
49
Not enough data
8.1
43
Not enough data
8.5
47
Not enough data
8.2
49
Not enough data
7.7
45
Not enough data
7.8
44
Budget Management
Not enough data
8.3
45
Not enough data
8.2
40
Not enough data
8.9
44
Forecasting
Not enough data
8.8
43
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
7.3
31
Analytics
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Agentic AI - Budgeting and Forecasting
Not enough data
Not enough data
Not enough data
7.7
5
Not enough data
Not enough data
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
Reconciliation
Not enough data
8.3
215
|
Verified
Not enough data
8.6
228
|
Verified
Not enough data
Feature Not Available
Reporting
Not enough data
8.7
257
|
Verified
Not enough data
8.6
244
Not enough data
8.5
222
|
Verified
Closing Process
Not enough data
8.2
207
|
Verified
Not enough data
Feature Not Available
Not enough data
8.4
204
|
Verified
AI - Financial Close
Not enough data
6.2
34
Not enough data
6.9
35
Not enough data
6.6
36
Not enough data
Feature Not Available
Not enough data
6.7
36
Financial Planning
Not enough data
8.2
53
Not enough data
8.7
61
Not enough data
8.4
59
Agentic AI - FP&A (Financial Planning & Analysis)
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Financial Insight
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Data
Not enough data
8.1
65
Not enough data
Feature Not Available
Not enough data
8.8
64
Not enough data
Feature Not Available
Status Communication
Not enough data
9.2
71
Not enough data
9.3
74
Not enough data
9.3
72
Not enough data
8.2
55
Resource Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Compliance Management
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Administrative
Not enough data
Feature Not Available
Not enough data
8.9
55
Not enough data
Feature Not Available
Environmental, Social, and Governance (ESG) ReportingHide 20 FeaturesShow 20 Features
Not enough data
6.9
92
Data Collection
Not enough data
7.9
68
Not enough data
7.3
67
Not enough data
6.2
61
Reporting
Not enough data
6.7
62
Not enough data
7.3
62
Not enough data
7.8
66
Integration
Not enough data
7.1
59
Not enough data
7.5
67
Not enough data
6.8
61
Risk Management - Environmental, Social, and Governance (ESG) Reporting
Not enough data
7.4
54
Not enough data
6.7
51
Not enough data
6.6
49
Not enough data
6.7
49
Reporting - Environmental, Social, and Governance (ESG) Reporting
Not enough data
6.4
48
Not enough data
6.4
51
Not enough data
6.0
50
Not enough data
6.9
51
Not enough data
6.6
41
Agentic AI - Environmental, Social, and Governance (ESG) Reporting
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Generative AI
Not enough data
7.1
191
Not enough data
7.0
196
Workflows - Audit Management
Not enough data
8.6
185
Not enough data
7.6
153
Not enough data
8.7
227
Not enough data
7.5
179
Not enough data
7.3
153
Documentation - Audit Management
Not enough data
7.7
154
Not enough data
7.4
147
Reporting & Analytics - Audit Management
Not enough data
8.0
168
Not enough data
7.9
153
Not enough data
7.9
161
Generative AI
Not enough data
7.0
24
Not enough data
6.9
25
Platform AI Features - Policy Management
Not enough data
6.3
16
Not enough data
5.9
15
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
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
Emissions Tracking - Carbon Accounting
Not enough data
8.1
17
Not enough data
8.1
15
Not enough data
8.6
16
Not enough data
8.0
14
Decarbonization - Carbon Accounting
Not enough data
7.8
12
Not enough data
Feature Not Available
Not enough data
7.5
12
Analytics - Carbon Accounting
Not enough data
7.8
13
Not enough data
6.7
12
Not enough data
7.4
12
Integration - Carbon Accounting
Not enough data
7.1
14
Not enough data
7.1
13
Agentic AI - Carbon Accounting
Not enough data
Feature Not Available
Agentic AI - SAP Store
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
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Risk Management
9.6
25
8.5
53
9.5
25
8.3
49
9.6
25
8.3
51
9.2
23
8.2
47
Business Continuity Management
8.5
9
Feature Not Available
Feature Not Available
Feature Not Available
8.3
8
Feature Not Available
Generative AI
Not enough data
7.9
26
Not enough data
7.9
26
Platform
8.2
11
8.9
48
9.4
21
9.1
46
9.2
15
8.0
40
9.2
25
8.6
53
Services
9.9
24
8.7
51
9.4
24
8.6
50
9.9
26
8.9
52
9.6
17
8.8
45
Categories
Categories
Shared Categories
Essential ERM and Workiva are categorized as Enterprise Risk Management (ERM) and Environmental, Social, and Governance (ESG) Reporting
Unique Categories
Essential ERM is categorized as Investigation Management and Regulatory Change Management
Reviews
Reviewers' Company Size
Essential ERM
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Workiva
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
12.5%
Financial Services
10.0%
Oil & Energy
7.5%
Non-Profit Organization Management
7.5%
Medical Devices
7.5%
Other
55.0%
Accounting
13.4%
Financial Services
9.8%
Information Technology and Services
5.6%
Insurance
5.4%
Banking
5.2%
Other
60.7%
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
Can i ise this for upload charts?
1 Comment
CH
The Workiva platform includes the ability to import files from Microsoft Word, PowerPoint, and Excel. We import charts in Word and PowerPoint files as images...Read more
Workiva has no more discussions with answers
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