# Best Enterprise Risk Management (ERM) Software *By [Lauren Worth](https://research.g2.com/insights/author/lauren-worth)* The best enterprise risk management software in 2026 is Optro (formerly AuditBoard), rated 4.6 out of 5 on G2 based on 1,500+ verified reviews. For fast-growing teams chasing SOC 2 and ISO, Sprinto automates control monitoring with continuous evidence. The highest user-rated platform among the top five is Sprinto at 4.8 stars. 1. Optro (formerly AuditBoard) — 4.6/5 (1,500+ reviews): Best for AI-driven audit, risk, and compliance 2. Workiva — 4.5/5 (2,100+ reviews): Best for linked risk-to-control testing with audit trails 3. Sprinto — 4.8/5 (1,600+ reviews): Best for automated control monitoring (SOC 2, ISO) 4. ServiceNow Governance, Risk, and Compliance (GRC) — 4.2/5 (100+ reviews): Best for ServiceNow-native integrated risk 5. LogicGate Risk Cloud — 4.6/5 (150+ reviews): Best for no-code ERM workflows *Updated June 2026. Based on 2026 G2 verified review data across 89 products.* Enterprise risk management (ERM) software helps businesses identify, assess, and manage organization-wide risks across financial, legal, strategic, and operational domains. These tools centralize risk information, support repeatable risk assessment and prioritization, and deliver executive-level reporting aligned with board oversight and strategic objectives. ### Core Capabilities of Enterprise Risk Management (ERM) Software To qualify for inclusion in the Enterprise Risk Management (ERM) category, a product must: - Centralize and manage enterprise-wide risks across multiple domains — financial, legal, strategic, and operational — in a unified risk register - Enable enterprise risk assessments and prioritization, including scoring and visualization such as heat maps - Align risks to business objectives and support configurable risk thresholds, customizable risk frameworks, or tolerance levels - Provide executive-level reporting or dashboards on enterprise risk posture - Support ongoing governance workflows, including risk ownership, mitigation tracking, and periodic review ### Common Use Cases for Enterprise Risk Management (ERM) Software ERM software supports a range of risk management activities across the organization. Common use cases include monitoring risk appetite and tolerance levels, assigning risk ownership to business unit leaders, tracking mitigation actions over time, ensuring compliance with frameworks such as COSO ERM and ISO 31000, and providing continuous oversight of risks that affect strategic, financial, operational, and compliance objectives. ### How Enterprise Risk Management (ERM) Software Differs from Other Tools ERM software is distinct from narrower risk and compliance tools. Unlike cybersecurity tools, which focus on digital security and privacy risks, ERM governs risk across the entire organization. It also differs from [security compliance](https://www.g2.com/categories/security-compliance) tools, which help organizations document adherence to security frameworks and pass audits. Similarly, while [operational risk management](https://www.g2.com/categories/operational-risk-management) focuses on risks stemming from human behavior, processes, or external events, ERM takes a broader organizational view. ERM software often integrates with environmental, quality, and safety management solutions to align governance, risk, and compliance functions. ### Insights from G2 on Enterprise Risk Management (ERM) Software Based on category trends on G2, centralized risk tracking, strong audit and compliance workflows, and the ability to communicate risk across business units stand out as primary strengths. Integrated GRC capabilities help maintain organizational integrity and prevent costly operational or legal incidents. ## Top Enterprise Risk Management (ERM) Software at a Glance | # | Product | Rating | Best For | What Users Say | |---|---------|--------|----------|----------------| | 1 | [Optro](https://www.g2.com/products/optro/reviews) | 4.6/5.0 (1,586 reviews) | Workflow-contextual compliance tool discovery | "[Easy-to-Use Interface That Makes Work Management Visible and Efficient](https://www.g2.com/survey_responses/optro-review-12943072)" | | 2 | [Workiva](https://www.g2.com/products/workiva-workiva/reviews) | 4.5/5.0 (2,131 reviews) | Linked risk-to-control testing with audit trails | "[Streamlined Reporting with Room for Improvement](https://www.g2.com/survey_responses/workiva-review-4678942)" | | 3 | [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) | 4.8/5.0 (1,636 reviews) | Automated control monitoring with continuous evidence collection | "[Fast path to SOC 2 Type 1 — great platform, outstanding support](https://www.g2.com/survey_responses/sprinto-review-12885389)" | | 4 | [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc/reviews) | 4.2/5.0 (103 reviews) | ServiceNow-native integrated risk-control-policy traceability | "[Single platform for enterprise-wide risk visibility](https://www.g2.com/survey_responses/servicenow-governance-risk-and-compliance-grc-review-12759445)" | | 5 | [LogicGate Risk Cloud](https://www.g2.com/products/logicgate-risk-cloud/reviews) | 4.6/5.0 (189 reviews) | No-code ERM workflows with interconnected risk views | "[Streamlined GRC Tool with Excellent Training Resources](https://www.g2.com/survey_responses/logicgate-risk-cloud-review-12799613)" | | 6 | [SAP Risk Management](https://www.g2.com/products/sap-risk-management/reviews) | 4.2/5.0 (77 reviews) | SAP-native SOD conflict and compliance tracking | "[Centralized, Smart, and Secure Risk Management with SAP](https://www.g2.com/survey_responses/sap-risk-management-review-11027090)" | | 7 | [Hyperproof](https://www.g2.com/products/hyperproof/reviews) | 4.5/5.0 (216 reviews) | Cross-framework risk-to-control evidence mapping | "[Streamlined Compliance Management with Centralized Audits, Evidence, and Automation](https://www.g2.com/survey_responses/hyperproof-review-12882951)" | | 8 | [GlobalSuite](https://www.g2.com/products/globalsuite/reviews) | 4.5/5.0 (92 reviews) | — | "[GlobalSuite Solutions: All-in-One GRC with Flexible Frameworks and Strong Automation](https://www.g2.com/survey_responses/globalsuite-review-12712553)" | | 9 | [Ncontracts](https://www.g2.com/products/ncontracts-ncontracts/reviews) | 4.7/5.0 (178 reviews) | Cross-module GRC with built-in regulatory templates | "[Centralized Contracts with User-Friendly Interface](https://www.g2.com/survey_responses/ncontracts-review-12432305)" | | 10 | [SAI360](https://www.g2.com/products/sai360/reviews) | 4.1/5.0 (116 reviews) | Cross-linked risk-control-audit registers enterprise-wide | "[Efficient Compliance Management with Stellar Support](https://www.g2.com/survey_responses/sai360-review-12892673)" | ## How Many Enterprise Risk Management (ERM) Software Products Does G2 Track? **Total Products under this Category:** 89 ### Category Stats (Jun 2026) - **Average Rating**: 4.5/5 (↑0.02 vs May 2026) The average rating of products in this category, based on all submitted ratings - **New Reviews This Quarter**: 102 - **Buyer Segments**: Enterprise 46% │ Mid-Market 28% │ Small-Business 25% Represents the distribution of reviewers across all products in this category. - **Top Trending Product**: SimpleRisk (+0.042) - Among all products in this category, SimpleRisk recorded the largest rating increase compared to last month *Last updated: June 01, 2026* ## How Does G2 Rank Enterprise Risk Management (ERM) Software Products? **Why You Can Trust G2's Software Rankings:** - 30 Analysts and Data Experts - 8,300+ Authentic Reviews - 89+ Products - Unbiased Rankings G2's software rankings are built on verified user reviews, rigorous moderation, and a consistent research methodology maintained by a team of analysts and data experts. Each product is measured using the same transparent criteria, with no paid placement or vendor influence. While reviews reflect real user experiences, which can be subjective, they offer valuable insight into how software performs in the hands of professionals. Together, these inputs power the G2 Score, a standardized way to compare tools within every category. ## Which Enterprise Risk Management (ERM) Software Is Best for Your Use Case? - **Leader:** [Optro](https://www.g2.com/products/optro/reviews) - **Highest Performer:** [Pirani](https://www.g2.com/products/pirani/reviews) - **Easiest to Use:** [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) - **Top Trending:** [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc/reviews) - **Best Free Software:** [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) --- **Sponsored** ### SimpleRisk SimpleRisk is an Integrated Risk Management (IRM) and Governance, Risk, and Compliance (GRC) platform built for organizations that need enterprise-class capabilities without enterprise-class price tags or implementation timelines. Founded by security practitioners and rooted in open source, SimpleRisk gives risk, compliance, and security teams a single system of record for managing the full lifecycle of risks, controls, policies, vendors, audits, and incidents; with the flexibility to adapt to how your program actually operates. What SimpleRisk Helps You Do Identify, assess, prioritize, and track risks from initial discovery through mitigation and closure. Map controls to industry frameworks and continuously demonstrate compliance. Centralize policies with version control, approval workflows, and user attestations. Manage third-party risk through structured vendor assessments. Document and respond to incidents. Plan, execute, and report on audits. Bring your asset inventory, documents, and evidence into one place so audit prep stops being a fire drill. Core Capabilities \* Risk Management: Configurable risk register with multiple scoring methodologies (Classic, CVSS, DREAD, and more), customizable risk fields, mitigation tracking, residual risk calculation, and full risk lifecycle workflows. \* Compliance & Audit Management: Map controls to common frameworks, run control tests, manage findings, and centralize audit evidence in one place. \* Policy Management: Author, review, approve, publish, and track attestations on policies and procedures with full version history. \* Vendor / Third-Party Risk Management: Send and score vendor questionnaires, track vendor risk over time, and tie vendor risk into your enterprise risk register. \* Incident Management: Capture, classify, and respond to security and operational incidents with structured workflows and reporting. \* Asset Management: Maintain an asset inventory tied to risks, controls, and vendors so you can see exposure in context. \* Document Management: Centralize and version-control supporting documentation, evidence, and artifacts. \* Reporting & Dashboards: Out-of-the-box reports plus custom views to communicate risk posture to executives, auditors, and the board. \* Customization Without Code: Add custom fields and forms to fit your program without engaging a developer or a six-figure professional services engagement. Frameworks and Standards SimpleRisk supports the frameworks that mid-market and regulated organizations actually use, including ISO 27001/27002, SOC 1 and SOC 2, NIST Cybersecurity Framework, NIST 800-53, NIST 800-171, HIPAA, PCI DSS, GDPR, CCPA, CMMC, and the CIS Controls, plus the ability to import or build your own custom control sets. Integrations SimpleRisk integrates with leading vulnerability scanners (including Tenable, Rapid7 and Qualys), single sign-on via SAML, LDAP/Active Directory for user provisioning, and exposes a REST API for connecting to ticketing systems, SIEM, and the rest of your security and IT stack. Deployment Options \* SimpleRisk Core (Free & Open Source): A fully functional risk management platform under an open source license. Self-host on your own infrastructure with no vendor lock-in. \* SimpleRisk On-Premise (Commercial): Self-hosted with the full Enterprise Extras (custom fields, advanced reporting, compliance management, vendor management, and more) plus commercial support. \* SimpleRisk Hosted (SaaS): Fully managed cloud deployment with the same capabilities as On-Premise, available in US and EU regions. Who SimpleRisk Is For SimpleRisk is built for mid-market and growth-stage organizations that have outgrown spreadsheets but find platforms like RSA Archer, ServiceNow GRC, MetricStream, and OneTrust over-engineered, over-priced, or too slow to deploy. Common use cases include: \* Building a defensible risk management program from scratch \* Preparing for SOC 2, ISO 27001, or HIPAA audits \* Centralizing vendor risk across procurement and security \* Replacing risk and compliance spreadsheets with a single system of record \* Demonstrating cyber risk posture to leadership, customers, and regulators Why Customers Choose SimpleRisk \* Affordable and transparent pricing: Clear tiers, no surprise add-ons, and a free open source option. \* Fast time to value: Most customers are up and running in days, not months. \* Open source heritage: Inspect the code, extend the platform, and avoid black-box vendor lock-in. \* Practitioner-built: Designed by security professionals who actually run risk programs. \* Responsive support: Direct access to engineers and risk practitioners, not Tier 1 ticket triage. Whether you're starting your first formal risk program or replacing legacy GRC tooling that no longer fits, SimpleRisk gives you the structure of enterprise GRC with the agility your team actually needs. Try SimpleRisk Core for free, or contact us to see the full platform in action. [Visit website](https://www.g2.com/external_clickthroughs/record?secure%5Bad_program%5D=ppc&secure%5Bad_slot%5D=category_product_list&secure%5Bcategory_id%5D=1447&secure%5Bdisplayable_resource_id%5D=1447&secure%5Bdisplayable_resource_type%5D=Category&secure%5Bmedium%5D=sponsored&secure%5Bplacement_reason%5D=page_category&secure%5Bplacement_resource_ids%5D%5B%5D=1447&secure%5Bprioritized%5D=false&secure%5Bproduct_id%5D=1218481&secure%5Bresource_id%5D=1447&secure%5Bresource_type%5D=Category&secure%5Bsource_type%5D=category_page&secure%5Bsource_url%5D=https%3A%2F%2Fwww.g2.com%2Fcategories%2Fenterprise-risk-management-erm&secure%5Btoken%5D=92f71456e08e0d5e260659e50f19eb80819a68ac40707af363777223cd8c0ea1&secure%5Burl%5D=https%3A%2F%2Fwww.simplerisk.com%2F&secure%5Burl_type%5D=company_website) --- ## What Are the Top-Rated Enterprise Risk Management (ERM) Software Products in 2026? ### 1. [Optro](https://www.g2.com/products/optro/reviews) Optro is a software designed to help enterprises manage audit, risk, and compliance workflows through an agentic system of action. The software provides real-time monitoring, reporting, and centralized data management by leveraging GRC-trained AI and integrated data pipelines. It automates manual risk processes and reduces siloed data by connecting disparate information across teams. Optro addresses the increasing complexity of modern regulatory environments by enabling organizations to transition from reactive risk management to proactive strategic planning. The software supports risk managers, assurance leaders, internal auditors, and compliance officers across enterprise environments. **Average Rating:** 4.6/5.0 **Total Reviews:** 1,586 **How Do G2 Users Rate Optro?** - **Validation Rules:** 7.9/10 (Category avg: 8.4/10) - **Impact Analysis:** 7.8/10 (Category avg: 8.4/10) - **Supplier Scoring:** 7.4/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.0/10 (Category avg: 9.3/10) **Who Is the Company Behind Optro?** - **Seller:** [Optro](https://www.g2.com/sellers/optro) - **Company Website:** https://optro.ai/ - **Year Founded:** 2014 - **HQ Location:** Cerritos, California - **Twitter:** @optrohq (2,975 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/optro/ (722 employees on LinkedIn®) **Who Uses This Product?** - **Who Uses This:** Internal Audit Manager, Senior Internal Auditor - **Top Industries:** Financial Services, Accounting - **Company Size:** 59% Enterprise, 20% Mid-Market #### What Are Optro's Pros and Cons? **Pros:** - Ease of Use (243 reviews) - Audit Management (150 reviews) - Intuitive (113 reviews) - Features (100 reviews) - Audit Efficiency (84 reviews) **Cons:** - Improvement Needed (100 reviews) - Limited Customization (79 reviews) - Missing Features (72 reviews) - Limited Functionality (71 reviews) - Not Intuitive (54 reviews) ### 2. [Workiva](https://www.g2.com/products/workiva-workiva/reviews) Workiva is a software designed to power transparent regulatory, financial, and ESG reporting for organizations seeking to meet stakeholder demands for disclosure and accountability. The software provides streamlined reporting and data consistency by leveraging a cloud-based platform that connects data and teams across complex reporting workflows. It automates the consolidation of financial and non-financial data and reduces manual effort in preparing compliance and sustainability disclosures. Workiva addresses the challenges of complex reporting environments by ensuring consistency, accuracy, and transparency across all disclosure outputs. The software supports regulatory compliance, ESG reporting, and financial disclosure use cases across enterprise organizations. **Average Rating:** 4.5/5.0 **Total Reviews:** 2,131 **How Do G2 Users Rate Workiva?** - **Validation Rules:** 8.1/10 (Category avg: 8.4/10) - **Impact Analysis:** 7.9/10 (Category avg: 8.4/10) - **Supplier Scoring:** 7.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.9/10 (Category avg: 9.3/10) **Who Is the Company Behind Workiva?** - **Seller:** [Workiva](https://www.g2.com/sellers/workiva) - **Company Website:** https://www.workiva.com - **Year Founded:** 2008 - **HQ Location:** Ames, Iowa - **Twitter:** @Workiva (5,277 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/732400/ (3,300 employees on LinkedIn®) **Who Uses This Product?** - **Who Uses This:** Financial Reporting Manager, Senior Accountant - **Top Industries:** Accounting, Financial Services - **Company Size:** 57% Enterprise, 28% Mid-Market #### What Are Workiva's Pros and Cons? **Pros:** - Ease of Use (364 reviews) - Collaboration (196 reviews) - Features (181 reviews) - Team Collaboration (178 reviews) - Reporting (151 reviews) **Cons:** - Missing Features (113 reviews) - Learning Curve (85 reviews) - Learning Difficulty (81 reviews) - Limited Functionality (80 reviews) - Limitations (70 reviews) ### 3. [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) Sprinto is a software designed to autonomously detect, assess, and act on compliance, vendor risk, and AI governance challenges across an organization's security posture. The software provides continuous trust management and real-time risk response by leveraging an autonomous platform built across 300+ integrations and 200+ global compliance standards. It automates compliance monitoring workflows and reduces operational chaos by acting on identified risks without requiring constant manual intervention. Sprinto addresses the challenge of maintaining organizational trustworthiness at scale by continuously evaluating posture changes and triggering appropriate compliance actions. The software supports SOC 2, ISO 27001, GDPR, HIPAA, PCI-DSS, and ISO 42001 frameworks for companies across 75 countries. **Average Rating:** 4.8/5.0 **Total Reviews:** 1,636 **How Do G2 Users Rate Sprinto?** - **Validation Rules:** 9.5/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.6/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.5/10 (Category avg: 9.3/10) **Who Is the Company Behind Sprinto?** - **Seller:** [Sprinto Technology Private Limited](https://www.g2.com/sellers/sprinto-technology-private-limited) - **Company Website:** https://sprinto.com/ - **Year Founded:** 2020 - **HQ Location:** San Francisco, US - **Twitter:** @sprintoHQ (13,279 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/sprinto-com (424 employees on LinkedIn®) **Who Uses This Product?** - **Who Uses This:** CTO, CEO - **Top Industries:** Computer Software, Information Technology and Services - **Company Size:** 56% Small-Business, 42% Mid-Market #### What Are Sprinto's Pros and Cons? **Pros:** - Ease of Use (418 reviews) - Customer Support (346 reviews) - Compliance (324 reviews) - Helpful (320 reviews) - Compliance Management (275 reviews) **Cons:** - Integration Issues (74 reviews) - Limited Integrations (42 reviews) - Limited Customization (41 reviews) - Unclear Guidance (41 reviews) - Software Bugs (40 reviews) ### 4. [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc/reviews) ServiceNow Governance, Risk, and Compliance (GRC) is a software designed to connect enterprise risk management, compliance, cyber risk, operational resilience, third-party risk management, privacy compliance, AI governance, and ESG on a single platform and data model. The software provides continuous control monitoring, risk quantification, and real-time risk scoring by leveraging an AI-native platform that unifies all GRC programs on one shared infrastructure. It automates risk identification and compliance workflows and reduces manual reconciliation by flowing risk data freely across every program without duplication. ServiceNow Governance, Risk, and Compliance (GRC) addresses the challenge of managing expanding regulatory obligations and cyber threats by translating risk data into business context that enables faster, more confident decisions. The software supports frameworks including DORA, AI governance regulations, and privacy compliance mandates for midsize to large enterprises across all industries. **Average Rating:** 4.2/5.0 **Total Reviews:** 103 **How Do G2 Users Rate ServiceNow Governance, Risk, and Compliance (GRC)?** - **Validation Rules:** 8.8/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.3/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.9/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.2/10 (Category avg: 9.3/10) **Who Is the Company Behind ServiceNow Governance, Risk, and Compliance (GRC)?** - **Seller:** [ServiceNow](https://www.g2.com/sellers/servicenow) - **Company Website:** https://www.servicenow.com/ - **Year Founded:** 2004 - **HQ Location:** Santa Clara, CA - **Twitter:** @servicenow (55,548 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/29352/ (35,081 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Banking, Insurance - **Company Size:** 45% Enterprise, 18% Mid-Market #### What Are ServiceNow Governance, Risk, and Compliance (GRC)'s Pros and Cons? **Pros:** - Risk Management (8 reviews) - Automation (5 reviews) - Compliance Management (5 reviews) - Ease of Use (5 reviews) - Audit Management (4 reviews) **Cons:** - Complex Setup (2 reviews) - Expensive (2 reviews) - Learning Curve (2 reviews) - Learning Difficulty (2 reviews) - Limited Customization (2 reviews) ### 5. [LogicGate Risk Cloud](https://www.g2.com/products/logicgate-risk-cloud/reviews) LogicGate Risk Cloud is a software designed to provide enterprises with a holistic view of risk by combining AI-driven workflows, real-time insights, and seamless integrations into a single no-code platform. The software provides actionable intelligence and enterprise-wide risk visibility by leveraging over 40 purpose-built applications that adapt to any organizational environment. It automates risk workflows and reduces manual compliance overhead by enabling teams to configure and deploy processes without relying on technical resources. LogicGate Risk Cloud addresses the challenge of siloed risk management by connecting risk quantification, business priorities, and operational data into a unified, predictive view. The software supports sustainable growth, improved operational efficiency, and a dynamic approach to risk and resilience for enterprise risk teams. **Average Rating:** 4.6/5.0 **Total Reviews:** 189 **How Do G2 Users Rate LogicGate Risk Cloud?** - **Validation Rules:** 8.6/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.6/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.7/10 (Category avg: 9.3/10) **Who Is the Company Behind LogicGate Risk Cloud?** - **Seller:** [LogicGate](https://www.g2.com/sellers/logicgate) - **Company Website:** https://www.logicgate.com - **Year Founded:** 2015 - **HQ Location:** Chicago, IL - **Twitter:** @LogicGate (842 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/10009944/ (242 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Financial Services, Insurance - **Company Size:** 52% Enterprise, 37% Mid-Market #### What Are LogicGate Risk Cloud's Pros and Cons? **Pros:** - Ease of Use (24 reviews) - Customizability (16 reviews) - Features (15 reviews) - Customization (13 reviews) - Intuitive (12 reviews) **Cons:** - Improvement Needed (5 reviews) - Learning Difficulty (5 reviews) - Missing Features (5 reviews) - Difficulty (4 reviews) - Inadequate Reporting (4 reviews) ### 6. [SAP Risk Management](https://www.g2.com/products/sap-risk-management/reviews) SAP Risk Management is a software designed to help organizations identify, assess, analyze, and monitor risks that could impact business value and reputation. The software provides quantitative and qualitative risk analysis, graphical risk views, and real-time data monitoring by leveraging integrated risk management processes that span the enterprise. It automates risk monitoring and control tracking and reduces exposure by assigning risk appetite, owners, and mitigation responsibilities through guided workflows. SAP Risk Management addresses the challenge of fragmented risk visibility by consolidating risk strategy, incident documentation, root cause analysis, and key risk indicators into a single structured framework. The software supports risk strategy planning, compliance governance, and operational resilience across enterprise environments in industries including automotive and information technology. **Average Rating:** 4.2/5.0 **Total Reviews:** 77 **How Do G2 Users Rate SAP Risk Management?** - **Validation Rules:** 9.3/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.6/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.4/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 7.9/10 (Category avg: 9.3/10) **Who Is the Company Behind SAP Risk Management?** - **Seller:** [SAP](https://www.g2.com/sellers/sap) - **Year Founded:** 1972 - **HQ Location:** Walldorf - **Twitter:** @SAP (297,052 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/sap/ (141,955 employees on LinkedIn®) - **Ownership:** NYSE:SAP **Who Uses This Product?** - **Top Industries:** Information Technology and Services, Automotive - **Company Size:** 74% Enterprise, 22% Mid-Market #### What Are SAP Risk Management's Pros and Cons? **Pros:** - Risk Management (14 reviews) - Ease of Use (7 reviews) - Centralized Management (5 reviews) - Compliance Management (5 reviews) - Customer Support (5 reviews) **Cons:** - Learning Curve (7 reviews) - Complexity (5 reviews) - Difficult Setup (4 reviews) - Expensive (4 reviews) - Implementation Delays (4 reviews) ### 7. [Hyperproof](https://www.g2.com/products/hyperproof/reviews) Hyperproof is a software designed to empower IT, security, and compliance teams to manage controls at scale, integrate risk operations, and build customer trust. The software provides control automation, risk-to-control mapping, and security questionnaire management by leveraging an AI-powered GRC platform built for cross-functional compliance workflows. It automates recurring compliance tasks and reduces manual effort by orchestrating controls across the business and assigning clear ownership and accountability. Hyperproof addresses the challenge of scaling compliance programs by connecting controls directly to risks and enabling teams to demonstrate compliance readiness without duplicating work. The software supports trust management, security questionnaire automation, and compliance scaling for mid-market and enterprise organizations in information technology and software industries. **Average Rating:** 4.5/5.0 **Total Reviews:** 216 **How Do G2 Users Rate Hyperproof?** - **Validation Rules:** 8.4/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.0/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.6/10 (Category avg: 9.3/10) **Who Is the Company Behind Hyperproof?** - **Seller:** [Hyperproof](https://www.g2.com/sellers/hyperproof) - **Company Website:** https://hyperproof.io/ - **Year Founded:** 2018 - **HQ Location:** Seattle, Washington, United States - **Twitter:** @Hyperproof (188 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/hyperproof (148 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Information Technology and Services, Computer Software - **Company Size:** 48% Mid-Market, 38% Enterprise #### What Are Hyperproof's Pros and Cons? **Pros:** - Ease of Use (67 reviews) - Compliance Management (37 reviews) - Features (35 reviews) - Automation (33 reviews) - Compliance (32 reviews) **Cons:** - Learning Curve (17 reviews) - Learning Difficulty (13 reviews) - Limited Customization (13 reviews) - Not Intuitive (13 reviews) - Improvement Needed (12 reviews) ### 8. [GlobalSuite](https://www.g2.com/products/globalsuite/reviews) The smartest way to manage GRC Risk management, security, continuity, audit and compliance: We take care of making your business stronger, while you dedicate yourself to making it bigger. GlobalSuite® is a GRC solution that optimizes the risk management, security, continuity, auditing and compliance of your business. GlobalSuite® automates, configures and monitors each process, ensuring that everything is done correctly. - Adaptable to any regulations or standards. Ready to go - Traceability of all actions - Monitoring Continuously. Relevant reports and metrics - Integration of all modules The most flexible all-in-one GRC platform, fastest to implement with the highest return on investment. The software includes the following modules: GlobalSuite® Risk Management The solution that helps organisations manage uncertainty and mitigate risks. GlobalSuite® Security Optimised, automated management so you can focus on what really matters: Keep threats under control. GlobalSuite® Business Continuity Optimises your business continuity system, from BIAs to crisis management. GlobalSuite® Compliance Management Optimise your Corporate Compliance System's management with monitoring and assessment. GlobalSuite® Privacy Data Protection Ensure compliance with data protection and diligent management of them and users’ rights. GlobalSuite® Audit Management Ensures time and cost savings when carrying out audit work in a collaborative environment with complete follow-up GlobalSuite® Whistleblowing channel A place of trust is a space of productivity. Irregular behavior in the company? Let us manage them simply, confidentially and with a total guarantee of success. **Average Rating:** 4.5/5.0 **Total Reviews:** 92 **How Do G2 Users Rate GlobalSuite?** - **Validation Rules:** 8.7/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.0/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.7/10 (Category avg: 9.3/10) **Who Is the Company Behind GlobalSuite?** - **Seller:** [GlobalSuite Solutions](https://www.g2.com/sellers/globalsuite-solutions) - **Company Website:** https://www.globalsuitesolutions.com/ - **Year Founded:** 2006 - **HQ Location:** Madrid - **Twitter:** @global_suite (845 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/globalsuite (134 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Consulting, Banking - **Company Size:** 41% Mid-Market, 29% Enterprise #### What Are GlobalSuite's Pros and Cons? **Pros:** - Ease of Use (12 reviews) - Features (10 reviews) - Risk Management (10 reviews) - Efficiency (8 reviews) - Compliance Management (7 reviews) **Cons:** - Not Intuitive (6 reviews) - Learning Curve (5 reviews) - Complexity (4 reviews) - Difficult Learning (4 reviews) - Not User-Friendly (4 reviews) ### 9. [Ncontracts](https://www.g2.com/products/ncontracts-ncontracts/reviews) Ncontracts is a software designed to help financial services companies achieve their risk management and compliance goals through a combination of cloud-based tools and expert services. The software provides vendor risk management, cyber risk monitoring, contract management, and compliance tracking by leveraging a SaaS-based GRC platform tailored for financial institutions. It automates contract renewal reminders and compliance workflows and reduces manual oversight by integrating with CRM and CLM systems. Ncontracts addresses the specialized governance and regulatory challenges of banks, credit unions, mortgage companies, fintechs, and trusts by delivering purpose-built solutions for the financial services sector. The software supports more than 5,000 financial institutions with risk management, compliance monitoring, and vendor oversight capabilities. **Average Rating:** 4.7/5.0 **Total Reviews:** 178 **How Do G2 Users Rate Ncontracts?** - **Validation Rules:** 8.7/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.8/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.4/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.5/10 (Category avg: 9.3/10) **Who Is the Company Behind Ncontracts?** - **Seller:** [Ncontracts](https://www.g2.com/sellers/ncontracts) - **Company Website:** https://www.ncontracts.com/ - **Year Founded:** 2009 - **HQ Location:** Brentwood, TN - **Twitter:** @Ncontracts (1,793 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/ncontracts/ (470 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Banking, Financial Services - **Company Size:** 80% Mid-Market, 12% Small-Business #### What Are Ncontracts's Pros and Cons? **Pros:** - Customer Support (18 reviews) - Ease of Use (18 reviews) - Compliance Management (13 reviews) - Useful (13 reviews) - Features (11 reviews) **Cons:** - Data Management Issues (5 reviews) - Integration Issues (5 reviews) - Import Issues (4 reviews) - Inadequate Reporting (4 reviews) - Limited Integration (4 reviews) ### 10. [SAI360](https://www.g2.com/products/sai360/reviews) SAI360 is a software designed to bring together ethics, governance, risk, and compliance management into a single connected GRC platform. The software provides analytics, reporting, and interactive employee training by leveraging industry best practice frameworks and over 25 years of GRC content expertise. It automates risk and compliance workflows and reduces program fragmentation by enabling organizations to customize and scale solutions across their unique governance requirements. SAI360 addresses the challenge of engaging the broader workforce in compliance culture by embedding training directly into the flow of work for maximum impact. The software supports enterprise and mid-market organizations in healthcare and financial services with ethics management, risk oversight, compliance tracking, and workforce engagement tools. **Average Rating:** 4.1/5.0 **Total Reviews:** 116 **How Do G2 Users Rate SAI360?** - **Validation Rules:** 7.6/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.0/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.5/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.3/10 (Category avg: 9.3/10) **Who Is the Company Behind SAI360?** - **Seller:** [SAI360](https://www.g2.com/sellers/sai360) - **Company Website:** https://www.sai360.com/ - **Year Founded:** 2003 - **HQ Location:** Chicago, US - **Twitter:** @SAI_Compliance (2,036 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/sai360/ (442 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Hospital & Health Care, Financial Services - **Company Size:** 67% Enterprise, 31% Mid-Market #### What Are SAI360's Pros and Cons? **Pros:** - Ease of Use (12 reviews) - Customer Support (9 reviews) - Customizability (8 reviews) - Risk Management (8 reviews) - Features (7 reviews) **Cons:** - Expensive (7 reviews) - Difficult Learning (6 reviews) - Learning Curve (6 reviews) - Pricing Issues (6 reviews) - Steep Learning Curve (6 reviews) ### 11. [IBM OpenPages](https://www.g2.com/products/ibm-openpages/reviews) IBM OpenPages is a software designed to centralize siloed risk management functions into a single, scalable GRC environment accessible across any cloud infrastructure. The software provides AI-guided workflows, risk classification suggestions, and real-time virtual assistant support by leveraging an AI-powered engine that reduces the knowledge gap for users across risk and compliance taxonomies. It automates incident reporting and risk mitigation classification and reduces human error by surfacing AI-suggested categories and accuracy checks throughout the user experience. IBM OpenPages addresses the challenge of inconsistent GRC adoption across organizations by promoting a culture where compliance is accessible, inclusive, and transparent for all users regardless of technical background. The software supports enterprise and mid-market organizations in banking and information technology with configurable risk management, compliance monitoring, and audit-ready reporting. **Average Rating:** 4.2/5.0 **Total Reviews:** 66 **How Do G2 Users Rate IBM OpenPages?** - **Validation Rules:** 8.8/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.1/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 7.9/10 (Category avg: 9.3/10) **Who Is the Company Behind IBM OpenPages?** - **Seller:** [IBM](https://www.g2.com/sellers/ibm) - **Year Founded:** 1911 - **HQ Location:** Armonk, New York, United States - **Twitter:** @IBMSecurity (74,679 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/1009/ (328,202 employees on LinkedIn®) - **Ownership:** SWX:IBM **Who Uses This Product?** - **Top Industries:** Banking, Information Technology and Services - **Company Size:** 39% Mid-Market, 34% Enterprise #### What Are IBM OpenPages's Pros and Cons? **Pros:** - Risk Management (12 reviews) - Time-saving (9 reviews) - Automation (7 reviews) - Ease of Use (7 reviews) - Security (7 reviews) **Cons:** - Complexity (3 reviews) - Expensive (3 reviews) - Improvement Needed (3 reviews) - Learning Curve (3 reviews) - Learning Difficulty (3 reviews) ### 12. [Pirani](https://www.g2.com/products/pirani/reviews) Pirani is a software designed to streamline governance, risk, compliance, and audit management for organizations of all sizes seeking to move beyond manual spreadsheets and fragmented processes. The software provides real-time reporting, dynamic dashboards, and integrated audit management by leveraging automated workflows and centralized data that align with global standards including ISO 31000, ISO 27001, and COSO. It automates risk lifecycle workflows and reduces human error by up to 30% while decreasing operational workload by 60% through centralized data management and process automation. Pirani addresses the challenge of siloed and manual risk management by covering operational risk, compliance, information security, anti-money laundering, and internal audits within a single cohesive ecosystem. The software supports organizations in financial services and banking with zero-friction onboarding, seamless integrations with existing technology stacks, and boardroom-ready risk insights. **Average Rating:** 4.6/5.0 **Total Reviews:** 324 **How Do G2 Users Rate Pirani?** - **Validation Rules:** 8.5/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.9/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.8/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.6/10 (Category avg: 9.3/10) **Who Is the Company Behind Pirani?** - **Seller:** [Pirani](https://www.g2.com/sellers/pirani) - **Company Website:** https://www.piranirisk.com - **Year Founded:** 2011 - **HQ Location:** Miami, Florida - **LinkedIn® Page:** https://www.linkedin.com/company/9302616 (144 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Financial Services, Banking - **Company Size:** 40% Mid-Market, 16% Small-Business #### What Are Pirani's Pros and Cons? **Pros:** - Ease of Use (12 reviews) - Risk Management (8 reviews) - User Interface (8 reviews) - Intuitive (7 reviews) - Security (5 reviews) **Cons:** - Slow Performance (6 reviews) - Limited Customization (4 reviews) - Complexity (2 reviews) - Control Issues (2 reviews) - Limited Flexibility (2 reviews) ### 13. [Onspring](https://www.g2.com/products/onspring/reviews) Onspring is a software designed to automate GRC processes and reporting through a flexible, no-code SaaS platform built for enterprise risk and compliance teams. The software provides centralized risk registers, control mapping, audit and assurance workflows, and policy management by leveraging drag-and-drop configuration that enables teams to build applications and reports without relying on IT or developers. It automates findings remediation and risk tracking workflows and reduces manual effort by connecting financial, operational, reputational, and third-party risks within a single configurable environment. Onspring addresses the challenge of slow, IT-dependent GRC program deployment by offering ready-made products that get teams operational in as quickly as 30 days, including a FedRAMP moderate-authorized environment. The software supports governance, risk and compliance, third-party risk, controls and compliance, audit and assurance, policy management, CMMC, and BC/DR use cases for enterprise and mid-market organizations in insurance and healthcare. **Average Rating:** 4.7/5.0 **Total Reviews:** 78 **How Do G2 Users Rate Onspring?** - **Validation Rules:** 8.7/10 (Category avg: 8.4/10) - **Impact Analysis:** 7.7/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.8/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.3/10 (Category avg: 9.3/10) **Who Is the Company Behind Onspring?** - **Seller:** [Onspring Technologies](https://www.g2.com/sellers/onspring-technologies) - **Company Website:** https://www.onspring.com/ - **Year Founded:** 2010 - **HQ Location:** Overland Park, Kansas - **Twitter:** @onspring (374 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/onspring-technologies/ (110 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Insurance, Hospital & Health Care - **Company Size:** 54% Enterprise, 33% Mid-Market #### What Are Onspring's Pros and Cons? **Pros:** - Customization (21 reviews) - Ease of Use (21 reviews) - Customizability (20 reviews) - Customer Support (13 reviews) - Features (13 reviews) **Cons:** - Learning Curve (10 reviews) - Limited Customization (7 reviews) - Limitations (6 reviews) - Complexity (5 reviews) - Difficult Setup (5 reviews) ### 14. [Complyance](https://www.g2.com/products/complyance-complyance/reviews) Complyance is a software designed to help enterprise and government organizations manage controls, risks, vendors, policies, and trust through a unified AI-first GRC platform. The software provides continuous risk monitoring, automated evidence collection, and real-time compliance dashboards by leveraging configurable AI agents that adapt to each organization's unique workflows and existing technology stack. It automates manual GRC tasks and reduces operational workload by up to 70% by connecting seamlessly with tools like ServiceNow and GitHub to auto-collect evidence and surface audit-ready insights. Complyance addresses the challenge of scaling compliance programs without expanding headcount by replacing reactive checklists with proactive, data-driven risk management across SOC 2, ISO 27001, HIPAA, and custom frameworks. The software supports Fortune 500 companies and government environments with five integrated modules covering controls, risks, vendors, policies, and trust management. **Average Rating:** 4.9/5.0 **Total Reviews:** 45 **How Do G2 Users Rate Complyance?** - **Validation Rules:** 9.2/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.0/10 (Category avg: 8.4/10) - **Supplier Scoring:** 10.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 9.3/10) **Who Is the Company Behind Complyance?** - **Seller:** [Complyance](https://www.g2.com/sellers/complyance-82d2a82b-a191-4b4f-b9a2-61c87e09bc82) - **Company Website:** https://complyance.com/ - **HQ Location:** N/A - **LinkedIn® Page:** https://www.linkedin.com/company/complyancehq/ (40 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Hospital & Health Care, Information Technology and Services - **Company Size:** 47% Mid-Market, 36% Enterprise #### What Are Complyance's Pros and Cons? **Pros:** - Ease of Use (22 reviews) - Efficiency (16 reviews) - Intuitive (13 reviews) - Compliance (12 reviews) - Compliance Management (12 reviews) **Cons:** - Integration Issues (3 reviews) - Not User-Friendly (2 reviews) - Evidence Collection (1 reviews) - Expensive (1 reviews) - Export Issues (1 reviews) ### 15. [Decision Focus](https://www.g2.com/products/decision-focus/reviews) Decision Focus is a software designed to assist organizations in navigating complex regulatory landscapes, managing risks, and achieving compliance through a no-code GRC platform. The software provides real-time compliance tracking, customizable workflow configuration, and board-ready reporting by leveraging proprietary agile technology that requires no technical knowledge to deploy or adapt. It automates planning, documentation, and audit preparation workflows and reduces administrative overhead by enabling compliance officers and risk managers to configure the platform to their unique requirements. Decision Focus addresses common organizational challenges such as audit anxiety and the pressure of complex board presentations by simplifying documentation processes and providing clear, transparent visibility into compliance status and risk exposure. The software supports finance, healthcare, and manufacturing sectors with mid-market and enterprise organizations across compliance management, risk oversight, and strategic decision-making workflows. **Average Rating:** 4.7/5.0 **Total Reviews:** 38 **How Do G2 Users Rate Decision Focus?** - **Validation Rules:** 7.6/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.5/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.7/10 (Category avg: 9.3/10) **Who Is the Company Behind Decision Focus?** - **Seller:** [Decision Focus](https://www.g2.com/sellers/decision-focus) - **Company Website:** https://www.decisionfocus.com/ - **Year Founded:** 2004 - **HQ Location:** Denmark - **LinkedIn® Page:** https://www.linkedin.com/company/decision-focus_2/ (67 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Insurance - **Company Size:** 47% Mid-Market, 39% Enterprise #### What Are Decision Focus's Pros and Cons? **Pros:** - Ease of Use (16 reviews) - Implementation Ease (16 reviews) - Features (13 reviews) - Customizability (12 reviews) - Automation (11 reviews) **Cons:** - Limited Flexibility (5 reviews) - Complex Setup (3 reviews) - Inadequate Reporting (3 reviews) - Learning Curve (3 reviews) - Not Intuitive (3 reviews) ### 16. [Essential ERM](https://www.g2.com/products/essential-erm/reviews) Essential ERM® is an easy and cost-effective web-based risk management tool used by organizations in over 20 sectors and 70 countries. It can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically. Essential ERM® is easy and intuitive for both users and system administrators. The system follows a practical approach to risk management – providing powerful features and aligning with COSO and ISO risk frameworks, while limiting and/or masking complexity for system users. The system provides dynamic reporting and the ability export data to Excel and other reporting tools. **Average Rating:** 4.8/5.0 **Total Reviews:** 41 **How Do G2 Users Rate Essential ERM?** - **Validation Rules:** 10.0/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.2/10 (Category avg: 8.4/10) - **Supplier Scoring:** 10.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.9/10 (Category avg: 9.3/10) **Who Is the Company Behind Essential ERM?** - **Seller:** [Tracker Networks Inc.](https://www.g2.com/sellers/tracker-networks-inc) - **Company Website:** https://trackernetworks.com/ - **Year Founded:** 2018 - **HQ Location:** Toronto, Ontario - **LinkedIn® Page:** https://www.linkedin.com/company/tracker-networks-inc-/ (10 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Management Consulting - **Company Size:** 36% Enterprise, 33% Mid-Market #### What Are Essential ERM's Pros and Cons? **Pros:** - Customer Support (3 reviews) - Ease of Use (3 reviews) - Risk Management (3 reviews) - Features (2 reviews) - Helpful (2 reviews) **Cons:** - Improvement Needed (2 reviews) - Document Management Issues (1 reviews) - Inadequate Risk Management (1 reviews) - Limited Features (1 reviews) - Limited Functionality (1 reviews) ### 17. [Riskonnect GRC solutions](https://www.g2.com/products/riskonnect/reviews) Riskonnect GRC solutions is a software designed to bring together all areas of risk management into a single integrated risk management information system. The software provides cross-functional risk visibility and cost reduction by leveraging an integrated platform that consolidates previously siloed risk data into a unified environment. It automates risk data aggregation and reduces redundant manual processes by connecting disparate risk functions across the organization. Riskonnect GRC solutions addresses the challenge of fragmented risk oversight by enabling organizations to surface insights that were previously unobtainable due to disconnected systems and processes. The software supports mid-market and enterprise organizations in government administration and gambling and casinos with integrated risk management, reporting, and operational resilience capabilities. **Average Rating:** 4.4/5.0 **Total Reviews:** 68 **How Do G2 Users Rate Riskonnect GRC solutions?** - **Validation Rules:** 8.1/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.5/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.0/10 (Category avg: 9.3/10) **Who Is the Company Behind Riskonnect GRC solutions?** - **Seller:** [Riskonnect](https://www.g2.com/sellers/riskonnect) - **HQ Location:** Atlanta, US - **Twitter:** @Riskonnect (1,235 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/riskonnect-inc (1,060 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Government Administration, Gambling & Casinos - **Company Size:** 54% Mid-Market, 28% Enterprise #### What Are Riskonnect GRC solutions's Pros and Cons? **Pros:** - Ease of Use (4 reviews) - Features (4 reviews) - Risk Management (4 reviews) - Implementation Ease (3 reviews) - Adaptability (2 reviews) **Cons:** - Slow Loading (2 reviews) - Confusing Navigation (1 reviews) - Difficult Customization (1 reviews) - Difficult Navigation (1 reviews) - Inefficient Risk Management (1 reviews) ### 18. [Resolver](https://www.g2.com/products/resolver/reviews) Resolver, a Kroll Business, stands at the forefront of risk intelligence, safeguarding over $6.5 trillion in market cap for more than 1,000 global companies. Leveraging AI with deep human expertise, our innovative Risk Intelligence Platform provides comprehensive visibility into enterprise-wide risks, enabling prioritized, timely, and agile responses. Go beyond tracking and managing risk to transforming complex data into clear insights and highly effective mitigating actions. By harnessing our integrated capabilities, businesses of all sizes can reduce crises, recover swiftly, and emerge stronger — protecting their operations, brand, and bottom line. Discover how we're shaping a safer, more resilient world at Resolver.com. See Risk. Build Resilience. **Average Rating:** 4.3/5.0 **Total Reviews:** 178 **How Do G2 Users Rate Resolver?** - **Validation Rules:** 7.1/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.0/10 (Category avg: 8.4/10) - **Supplier Scoring:** 6.0/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.8/10 (Category avg: 9.3/10) **Who Is the Company Behind Resolver?** - **Seller:** [Resolver](https://www.g2.com/sellers/resolver) - **Company Website:** https://www.resolver.com - **HQ Location:** Toronto, Canada - **Twitter:** @Resolver (4,951 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/932240/ (718 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Financial Services, Security and Investigations - **Company Size:** 47% Enterprise, 38% Mid-Market #### What Are Resolver's Pros and Cons? **Pros:** - Ease of Use (62 reviews) - Customization (41 reviews) - Customer Support (40 reviews) - Features (40 reviews) - Helpful (39 reviews) **Cons:** - Complexity (34 reviews) - Improvement Needed (26 reviews) - Limited Features (21 reviews) - Learning Curve (20 reviews) - Limited Functionality (20 reviews) ### 19. [Diligent One Platform](https://www.g2.com/products/diligent-one-platform/reviews) Diligent One Platform (formerly HighBond) revolutionizes the way boards, committees, and executives navigate risk. Consolidate all your solutions on the broadest platform for GRC applications designed to deliver comprehensive insights into a single view of risk and associated controls. Helping free you from the unnecessary costs and frustrations of point solutions. The Diligent One Platform is built to deliver risk insights in a clear and consistent format. Control what information is presented to the board with a comprehensive and ever-expanding set of pre-built and customizable templates and dashboards. **Average Rating:** 4.3/5.0 **Total Reviews:** 142 **How Do G2 Users Rate Diligent One Platform?** - **Validation Rules:** 8.2/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.3/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.7/10 (Category avg: 9.3/10) **Who Is the Company Behind Diligent One Platform?** - **Seller:** [Diligent Corporation](https://www.g2.com/sellers/diligent-corporation-9db2bcc4-90ac-4d53-93d9-d0478f837d14) - **Company Website:** https://www.diligent.com/ - **Year Founded:** 2001 - **HQ Location:** New York, NY - **Twitter:** @diligenthq (4,515 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/101105/ (3,011 employees on LinkedIn®) **Who Uses This Product?** - **Who Uses This:** Senior Internal Auditor - **Top Industries:** Financial Services, Information Technology and Services - **Company Size:** 49% Enterprise, 28% Mid-Market #### What Are Diligent One Platform's Pros and Cons? **Pros:** - Ease of Use (10 reviews) - Compliance Management (8 reviews) - Risk Management (8 reviews) - Audit Management (7 reviews) - Features (7 reviews) **Cons:** - Limited Features (5 reviews) - Limited Functionality (4 reviews) - Missing Features (4 reviews) - Difficulty (3 reviews) - Improvement Needed (3 reviews) ### 20. [SimpleRisk](https://www.g2.com/products/simplerisk/reviews) SimpleRisk is an Integrated Risk Management (IRM) and Governance, Risk, and Compliance (GRC) platform built for organizations that need enterprise-class capabilities without enterprise-class price tags or implementation timelines. Founded by security practitioners and rooted in open source, SimpleRisk gives risk, compliance, and security teams a single system of record for managing the full lifecycle of risks, controls, policies, vendors, audits, and incidents; with the flexibility to adapt to how your program actually operates. What SimpleRisk Helps You Do Identify, assess, prioritize, and track risks from initial discovery through mitigation and closure. Map controls to industry frameworks and continuously demonstrate compliance. Centralize policies with version control, approval workflows, and user attestations. Manage third-party risk through structured vendor assessments. Document and respond to incidents. Plan, execute, and report on audits. Bring your asset inventory, documents, and evidence into one place so audit prep stops being a fire drill. Core Capabilities \* Risk Management: Configurable risk register with multiple scoring methodologies (Classic, CVSS, DREAD, and more), customizable risk fields, mitigation tracking, residual risk calculation, and full risk lifecycle workflows. \* Compliance & Audit Management: Map controls to common frameworks, run control tests, manage findings, and centralize audit evidence in one place. \* Policy Management: Author, review, approve, publish, and track attestations on policies and procedures with full version history. \* Vendor / Third-Party Risk Management: Send and score vendor questionnaires, track vendor risk over time, and tie vendor risk into your enterprise risk register. \* Incident Management: Capture, classify, and respond to security and operational incidents with structured workflows and reporting. \* Asset Management: Maintain an asset inventory tied to risks, controls, and vendors so you can see exposure in context. \* Document Management: Centralize and version-control supporting documentation, evidence, and artifacts. \* Reporting & Dashboards: Out-of-the-box reports plus custom views to communicate risk posture to executives, auditors, and the board. \* Customization Without Code: Add custom fields and forms to fit your program without engaging a developer or a six-figure professional services engagement. Frameworks and Standards SimpleRisk supports the frameworks that mid-market and regulated organizations actually use, including ISO 27001/27002, SOC 1 and SOC 2, NIST Cybersecurity Framework, NIST 800-53, NIST 800-171, HIPAA, PCI DSS, GDPR, CCPA, CMMC, and the CIS Controls, plus the ability to import or build your own custom control sets. Integrations SimpleRisk integrates with leading vulnerability scanners (including Tenable, Rapid7 and Qualys), single sign-on via SAML, LDAP/Active Directory for user provisioning, and exposes a REST API for connecting to ticketing systems, SIEM, and the rest of your security and IT stack. Deployment Options \* SimpleRisk Core (Free & Open Source): A fully functional risk management platform under an open source license. Self-host on your own infrastructure with no vendor lock-in. \* SimpleRisk On-Premise (Commercial): Self-hosted with the full Enterprise Extras (custom fields, advanced reporting, compliance management, vendor management, and more) plus commercial support. \* SimpleRisk Hosted (SaaS): Fully managed cloud deployment with the same capabilities as On-Premise, available in US and EU regions. Who SimpleRisk Is For SimpleRisk is built for mid-market and growth-stage organizations that have outgrown spreadsheets but find platforms like RSA Archer, ServiceNow GRC, MetricStream, and OneTrust over-engineered, over-priced, or too slow to deploy. Common use cases include: \* Building a defensible risk management program from scratch \* Preparing for SOC 2, ISO 27001, or HIPAA audits \* Centralizing vendor risk across procurement and security \* Replacing risk and compliance spreadsheets with a single system of record \* Demonstrating cyber risk posture to leadership, customers, and regulators Why Customers Choose SimpleRisk \* Affordable and transparent pricing: Clear tiers, no surprise add-ons, and a free open source option. \* Fast time to value: Most customers are up and running in days, not months. \* Open source heritage: Inspect the code, extend the platform, and avoid black-box vendor lock-in. \* Practitioner-built: Designed by security professionals who actually run risk programs. \* Responsive support: Direct access to engineers and risk practitioners, not Tier 1 ticket triage. Whether you're starting your first formal risk program or replacing legacy GRC tooling that no longer fits, SimpleRisk gives you the structure of enterprise GRC with the agility your team actually needs. Try SimpleRisk Core for free, or contact us to see the full platform in action. **Average Rating:** 4.5/5.0 **Total Reviews:** 13 **How Do G2 Users Rate SimpleRisk?** - **Validation Rules:** 8.6/10 (Category avg: 8.4/10) - **Impact Analysis:** 3.3/10 (Category avg: 8.4/10) - **Supplier Scoring:** 7.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 9.3/10) **Who Is the Company Behind SimpleRisk?** - **Seller:** [SimpleRisk](https://www.g2.com/sellers/simplerisk) - **Year Founded:** 2013 - **HQ Location:** Texas 78681, US - **LinkedIn® Page:** http://www.linkedin.com/company/simplerisk (10 employees on LinkedIn®) **Who Uses This Product?** - **Company Size:** 36% Enterprise, 36% Small-Business #### What Are SimpleRisk's Pros and Cons? **Pros:** - Ease of Use (3 reviews) - Risk Management (3 reviews) - Features (2 reviews) - Functionality (2 reviews) - Simple (2 reviews) **Cons:** - Slow Performance (2 reviews) - Bugs (1 reviews) - Complexity (1 reviews) - Distracting Design (1 reviews) - Inaccuracy Issues (1 reviews) ### 21. [ZenGRC](https://www.g2.com/products/zengrc/reviews) ZenGRC offers an established solution to elevate your company's risk and compliance program to the highest infosec standards. The cloud-based SaaS solution fits your existing GRC program and also evolves to guide you throughout your maturity roadmap. With ZenGRC as the central platform for your organization's entire infosec ecosystem, you can achieve continuous monitoring and efficient audit management capabilities, as well as customizable, end-to-end risk management that's built-in — not bolted on. Companies from SMB all the way to Enterprise use ZenGRC for... — Minimized manual effort through automation — Shortened, simplified audit cycles — Risk management that’s built-in—not bolted on — Increased visibility and reporting with dashboards — Direct integrations with ServiceNow, AWS, Qualys, Slack, JIRA, and more. **Average Rating:** 4.4/5.0 **Total Reviews:** 103 **How Do G2 Users Rate ZenGRC?** - **Validation Rules:** 7.2/10 (Category avg: 8.4/10) - **Impact Analysis:** 7.5/10 (Category avg: 8.4/10) - **Supplier Scoring:** 7.8/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.1/10 (Category avg: 9.3/10) **Who Is the Company Behind ZenGRC?** - **Seller:** [Zengrc](https://www.g2.com/sellers/zengrc) - **Year Founded:** 2009 - **HQ Location:** San Francisco, CA - **Twitter:** @riskoptics (589 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/842177/ (69 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Information Technology and Services, Computer Software - **Company Size:** 55% Mid-Market, 38% Enterprise #### What Are ZenGRC's Pros and Cons? **Pros:** - Automation (3 reviews) - Compliance Management (3 reviews) - Ease of Use (3 reviews) - Evidence Management (3 reviews) - Audit Management (2 reviews) **Cons:** - Inadequate Reporting (3 reviews) - Limited Reporting (3 reviews) - Poor Reporting (3 reviews) - Reporting Issues (3 reviews) - Complex Implementation (1 reviews) ### 22. [Protecht](https://www.g2.com/products/protecht-protecht/reviews) Overview: Protecht ERM is a comprehensive enterprise risk management platform that helps organizations identify, assess, monitor, and respond to risks that could impact strategic objectives and performance. It provides a single, integrated system to manage risk across the enterprise, enabling better decision-making and stronger organizational resilience. Designed to scale with organizational complexity, Protecht ERM supports both day-to-day risk management and board-level oversight, helping teams move from fragmented risk processes to a connected, enterprise-wide view of risk. Who it’s for: Protecht ERM is used by organizations across regulated and non-regulated industries, including financial services, government, education, and critical infrastructure. It is well suited to: - Risk and compliance teams managing complex risk environments - Executives and boards requiring clear, reliable risk insight - Organizations with regulatory, operational resilience, or third-party risk obligations - Businesses seeking to replace spreadsheets or disconnected point solutions The platform supports organizations of all sizes, from growing teams to large, multi-entity enterprises. Key features: Protecht ERM offers a robust set of capabilities to support proactive and structured risk management, including: - Dynamic risk assessments that adapt to changing business and risk conditions - Key risk indicators that provide early warning signals and ongoing risk monitoring - Incident and issue management to capture, analyze, and learn from events - Integrated risk domains including ERM, vendor risk, IT and cyber risk, operational resilience, and business continuity - Configurable workflows and reporting to align with organisational frameworks and governance models What sets Protecht ERM apart: Protecht ERM delivers a truly integrated approach to risk management, connecting multiple risk disciplines within a single platform. This eliminates silos, improves data consistency, and provides a clearer understanding of how risks interrelate across the organization. By combining strong configurability with enterprise-grade governance and reporting, Protecht ERM helps organizations embed risk awareness into everyday decision-making and elevate risk from a compliance activity to a strategic capability. Summary: Protecht ERM is a powerful, flexible platform for organizations looking to mature their enterprise risk management practices. By unifying risk data, strengthening oversight, and enabling proactive risk response, Protecht ERM helps organizations manage uncertainty with confidence while supporting sustainable growth and innovation. **Average Rating:** 4.5/5.0 **Total Reviews:** 64 **How Do G2 Users Rate Protecht?** - **Validation Rules:** 8.2/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.1/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.3/10 (Category avg: 9.3/10) **Who Is the Company Behind Protecht?** - **Seller:** [Protecht](https://www.g2.com/sellers/protecht) - **Company Website:** https://www.protechtgroup.com/ - **Year Founded:** 1999 - **HQ Location:** Sydney, Australia - **Twitter:** @Protecht_Risk (916 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/670449 (237 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Financial Services, Banking - **Company Size:** 66% Mid-Market, 22% Enterprise #### What Are Protecht's Pros and Cons? **Pros:** - Ease of Use (15 reviews) - Customizability (12 reviews) - Customization (10 reviews) - Features (8 reviews) - Risk Management (8 reviews) **Cons:** - Learning Curve (7 reviews) - Dashboard Issues (5 reviews) - Difficulty (5 reviews) - Complexity (4 reviews) - Improvement Needed (4 reviews) ### 23. [Compyl](https://www.g2.com/products/compyl/reviews) Eliminate the need for multiple security tools, gain enterprise-level insights, and grow with a scalable GRC ecosystem. Compyl monitors and assigns workflows in a single location to ensure regulatory requirements and IT frameworks are continuously met by establishing a proper information security foundation across the entire organization. **Average Rating:** 5.0/5.0 **Total Reviews:** 45 **How Do G2 Users Rate Compyl?** - **Validation Rules:** 9.6/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.7/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.7/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 10.0/10 (Category avg: 9.3/10) **Who Is the Company Behind Compyl?** - **Seller:** [Compyl](https://www.g2.com/sellers/compyl) - **Company Website:** https://compyl.com/ - **Year Founded:** 2020 - **HQ Location:** Manhattan, New York - **Twitter:** @Compyl3 (17 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/compyl/?viewAsMember=true (54 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Oil & Energy, Financial Services - **Company Size:** 65% Mid-Market, 17% Small-Business #### What Are Compyl's Pros and Cons? **Pros:** - Ease of Use (9 reviews) - Automation (6 reviews) - User Interface (5 reviews) - Customizability (4 reviews) - Customization (4 reviews) **Cons:** - Learning Curve (2 reviews) - Learning Difficulty (2 reviews) - Bugs (1 reviews) - Complex Implementation (1 reviews) - Insufficient Information (1 reviews) ### 24. [LogicManager](https://www.g2.com/products/logicmanager/reviews) LogicManager is an Enterprise Risk Management platform that helps organizations identify, assess, monitor, report, and improve risk management activities across the entire risk lifecycle. Since 2006, LogicManager has supported enterprise risk leaders, process owners, executives, and oversight teams in building risk-based programs that connect people, processes, controls, vendors, objectives, incidents, and reporting in one system. Unlike traditional GRC tools that often manage risks, controls, and compliance activities in isolation, LogicManager’s ERM approach is designed to show how risk moves across the business and how it affects performance, accountability, and decision-making. LogicManager is powered by Risk Ripple Intelligence, a connected risk model that helps organizations understand relationships between risks, controls, processes, departments, vendors, and objectives. This structure helps teams identify hidden dependencies, understand downstream impacts, and create a more complete view of their risk landscape. The platform supports oversight and separation of duties by helping organizations define ownership, assign responsibilities, manage approvals, track issues, monitor controls, and report results to leadership. LogicManager also includes out-of-the-box board reporting and configurable dashboards that help teams communicate risk information clearly to executives, boards, and oversight committees. LogicManager’s Risk Maturity Model provides an umbrella framework for building and maturing a risk program. Because most major risk, compliance, and governance frameworks share a common foundation, the RMM helps organizations address the approximately 90% of requirements that are common across frameworks, leaving teams to focus on the framework-specific 10%. This reduces duplicated effort and gives teams a structured foundation for continuous improvement. Key capabilities and value propositions include: - Manage the full risk lifecycle, from identification and assessment to monitoring, reporting, and program improvement. - Use Risk Ripple Intelligence to connect risks, controls, processes, vendors, departments, and objectives. - Support oversight, accountability, approvals, and separation of duties across risk activities. - Create board-ready visibility with out-of-the-box reports and configurable dashboards. - Accelerate program maturity with the Risk Maturity Model, guided onboarding, embedded expertise, and best-practice frameworks. LogicManager is designed for mid-market and enterprise organizations, especially regulated, complex, or highly distributed teams managing enterprise risk, operational resilience, third-party risk, business continuity, internal controls, issue management, cybersecurity risk, and executive reporting. With LogicManager Expert — LMX — users can access AI-powered guidance based on trusted LogicManager University content to help apply best practices, reduce manual follow-ups, and work more efficiently within their risk program. **Average Rating:** 4.2/5.0 **Total Reviews:** 119 **How Do G2 Users Rate LogicManager?** - **Validation Rules:** 8.3/10 (Category avg: 8.4/10) - **Impact Analysis:** 8.2/10 (Category avg: 8.4/10) - **Supplier Scoring:** 8.3/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 8.9/10 (Category avg: 9.3/10) **Who Is the Company Behind LogicManager?** - **Seller:** [LogicManager](https://www.g2.com/sellers/logicmanager) - **Company Website:** https://www.logicmanager.com/ - **Year Founded:** 2005 - **HQ Location:** Boston, MA - **LinkedIn® Page:** https://www.linkedin.com/company/1710850/ (55 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Banking, Financial Services - **Company Size:** 31% Mid-Market, 24% Enterprise #### What Are LogicManager's Pros and Cons? **Pros:** - Ease of Use (26 reviews) - Intuitive (14 reviews) - Helpful (11 reviews) - Navigation Ease (9 reviews) - Organization (9 reviews) **Cons:** - Lack of Clarity (13 reviews) - Not Intuitive (13 reviews) - Missing Features (12 reviews) - Learning Curve (10 reviews) - Lack of Guidance (7 reviews) ### 25. [VComply](https://www.g2.com/products/vcomply/reviews) VComply is built for compliance and risk professionals who need a simpler, more reliable way to manage compliance without the constant hassle of spreadsheets. It’s a platform that turns compliance into something clear and manageable, making it easier to track responsibilities, policies, manage risk, and stay audit-ready—all in one place. Say goodbye to juggling tasks across documents. Automated reminders, real-time tracking, and organized workflows mean less time spent on follow-ups and more time focusing on the parts of compliance that apply your expertise and make a real difference. We designed VComply to work with what you already have in place. Bring in your existing spreadsheets and compliance structures without the worry of starting from scratch. The platform keeps everything connected, organized, and ready for teams to work together across departments and locations. For compliance leaders, VComply provides peace of mind that every part of the compliance program is in place, visible, and under control. For managers, it’s a tool that lightens the load and brings assurance that the work is making an impact. VComply helps compliance feel less like a burden and more like a well-run process that supports your organization’s strategic goals. **Average Rating:** 4.6/5.0 **Total Reviews:** 48 **How Do G2 Users Rate VComply?** - **Validation Rules:** 9.7/10 (Category avg: 8.4/10) - **Impact Analysis:** 9.6/10 (Category avg: 8.4/10) - **Supplier Scoring:** 9.2/10 (Category avg: 8.5/10) - **Has the product been a good partner in doing business?:** 9.7/10 (Category avg: 9.3/10) **Who Is the Company Behind VComply?** - **Seller:** [VComply](https://www.g2.com/sellers/vcomply) - **Year Founded:** 2019 - **HQ Location:** Sunnyvale, California - **Twitter:** @V_Comply (83 Twitter followers) - **LinkedIn® Page:** https://www.linkedin.com/company/10626465/ (46 employees on LinkedIn®) **Who Uses This Product?** - **Top Industries:** Hospital & Health Care, Financial Services - **Company Size:** 59% Mid-Market, 22% Enterprise #### What Are VComply's Pros and Cons? **Pros:** - Compliance Management (3 reviews) - Customer Support (3 reviews) - Centralized Management (2 reviews) - Customization (2 reviews) - Features (2 reviews) **Cons:** - Confusing Terminology (1 reviews) - Confusion (1 reviews) - Software Bugs (1 reviews) - Technical Issues (1 reviews) - Update Issues (1 reviews) ## What Is Enterprise Risk Management (ERM) Software? [Governance, Risk & Compliance Software](https://www.g2.com/categories/governance-risk-compliance) ## What Software Categories Are Similar to Enterprise Risk Management (ERM) Software? - [Audit Management Software](https://www.g2.com/categories/audit-management) - [Regulatory Change Management Software](https://www.g2.com/categories/regulatory-change-management) - [IT Risk Management Software](https://www.g2.com/categories/it-risk-management) --- ## How Do You Choose the Right Enterprise Risk Management (ERM) Software? ### What You Should Know About GRC Platforms ### What are GRC Platforms? Governance, risk management, and compliance (GRC) platforms aim to provide all or most of the features required to manage various types of risk and compliance that may impact the operations of a company. This type of software is used across multiple departments, from HR and accounting to IT and logistics. Each department faces specific risks, such as privacy and security for IT, supplier risk for logistics, or financial fraud for accounting. To address these challenges, companies need to stay up to date with all related laws and regulations enforced by local, national, and international authorities. A more proactive way to deal with risk is to implement industry standards and internal policies that regulate business operations and aim to prevent problems before they happen. To implement and monitor regulations, standards, and policies, companies require a single data repository for compliance information and an integrated system to define workflows and audits at the company level. **Key Benefits of GRC Platforms** - Reduces costs of noncompliance, which are direct (such as fines or penalties) or indirect (lost revenue) - Enforces regulations and internal policies to mitigate risks and limit their negative impact on the company - Improves alignment across the company as well as externally, to ensure that employees and business partners comply with regulations and policies - Keeps compliance data up to date which is particularly difficult for global companies that need to comply with changing national and international regulations ### Why Use GRC Platforms? Companies may choose between using separate systems for various types of risk and compliance or adopting GRC platforms to centralize compliance management. **Compliance with laws, standards, and internal policies —** Depending on their industry and type of activity, companies may need to comply with all kinds of laws and industry standards. Additionally, companies may define their own rules that are implemented and enforced internally or across their partner networks. To manage all the information about regulations, standards, and policies as well as the procedures to ensure compliance, companies need a single data repository and an integrated system. **Risk mitigation —** To deal with risks, companies need to know what challenges they may be facing and how to address them. Identifying risks and their potential impact on the company help businesses prepare in advance and avoid major disruptions. **Brand protection —** Compliance isn’t only about following regulations. Compliance violations such as data breaches also impact the reputation of the business. Customers and partners avoid buying from or working with companies that are repeatedly breaking the law or failing to comply with industry standards. ### Who Uses GRC Platforms? All employees benefit directly or indirectly from using GRC platforms. While this type of software is used mostly internally, partners may also use it to access compliance information and submit audit results. **Compliance officers —** Compliance officers and managers are responsible for defining and implementing processes and workflows that ensure compliance with any regulations related to the operations of the company. They also monitor enforcement and identify opportunities for improvement to prevent noncompliance and mitigate risk. **Department managers —** Each department needs to comply with different regulations and managers need to be aware of which laws and standards apply to their team. **Executives —** Executives use GRC platforms to define internal policies, find regulatory information related to their department, and monitor the enforcement of laws and policies. ### Kinds of GRC Platforms **GRC suites —** GRC suites are made of multiple software products that are used in various combinations. Each of them usually specialize in one or a few of the main GRC features, such as policy management, regulatory change management, compliance learning, or risk management. Companies using GRC suites may choose to implement all or only some of the components mentioned above, with the option to scale up (add new components) or scale down (remove components). The main benefit of GRC suites is that they provide better integration between the components of the suite and are developed and supported by the same vendor. **Best-of-breed GRC software —** This type of software provides multiple modules for GRC that are delivered as part of a single product and cannot be sold and used separately. Best-of-breed GRC software is highly beneficial to mid-market companies that don’t need advanced features to manage risk and compliance. ### GRC Platforms Features GRC platforms include most or all of the features described below, either as modules of a single integrated system or as separate products that are part of a suite. **Regulatory change management —** Regulatory information changes constantly and companies need to ensure that they comply with the most recent changes. GRC platforms gather compliance data from multiple sources and provide users with the latest updates that may impact their work. **Policy management —** Companies use internal policies to define and implement their own rules that are not covered by laws and regulations. A few examples are social media policies and procedures to deal with inappropriate behavior in the workplace. **Risk management —** Noncompliance is only one of the many risks that businesses have to deal with. Other important risks are business disruptions caused by unforeseen events such as natural phenomena, pandemics, or economic downturns. While risks cannot be completely avoided, companies should prepare by defining contingency plans and procedures to react quickly. **Audit management —** Companies need to review the procedures and workflows they put in place to ensure compliance. Audits are generally performed regularly (monthly or yearly) to monitor how internal policies and regulations are enforced across the company. Also, audits are conducted when the business is impacted by exceptional situations such as mergers and acquisitions or major market changes. **Risk and compliance reporting —** Reporting and analytics are critical to monitor compliance and identify risks. In some cases such as highly regulated industries, dashboards providing real-time information are essential to help companies react quickly. Compliance data also helps businesses identify opportunities for improvement of workflows and procedures. **Third-party and supplier risk management —** Companies working with suppliers and contractors need to protect themselves from any risky or illegal activities performed by their partners. A few examples are privacy breaches or money laundering which may not directly impact the company but may damage its brand. Other Features of GRC Platforms: [Crisis management](https://www.g2.com/categories/grc-platforms/f/crisis-management), [Learning](https://www.g2.com/categories/grc-platforms/f/learning), [Recovery plans](https://www.g2.com/categories/grc-platforms/f/recovery-plans), [Regulatory certifications](https://www.g2.com/categories/grc-platforms/f/regulatory-certifications), [Risk methodology](https://www.g2.com/categories/grc-platforms/f/risk-methodology) ### Trends Related to GRC Platforms **Globalization —** As businesses become more global, companies are facing new challenges, the most important being keeping up to date with regulations from multiple geographical locations. Compliance information constantly changes and companies need to ensure they have the latest details so they are able to adapt quickly. Working with partners and contractors is also challenging from a compliance perspective. While third-party companies like vendors and suppliers are responsible for noncompliance, the companies they work with may also be impacted. For instance, a software reseller that exposes client data will hurt the brand of the software vendor. **Specialization —** As compliance becomes increasingly difficult to manage, some vendors choose to focus exclusively on one or a few types of regulations. For example, many vendors focus on IT and security compliance, which is beneficial for companies dealing with this type of risk. The drawback of specialization is that buyers with complex needs may need to buy and use separate software products from different vendors. There are also point solutions that only cover very specific compliance, such as general data protection regulation (GDPR) or anti-money laundering. ### Potential Issues with GRC Platforms **Complexity —** As vendors try to cover multiple types of compliance, they either acquire and develop new tools that aren’t always fully integrated with their core offering. Even when all functionality is delivered on the same platform, the multitude of modules and their features make GRC platforms difficult to use. **Price —** Complicated software is also expensive to buy and maintain. GRC suites are expensive when companies use most or all of their components. While best-of-breed GRC software is more affordable, companies adopting it overspend because they are obligated to purchase the whole software rather than only investing in he features that they need. Also, since GRC platforms aren’t always delivered in the cloud, companies may need to invest in IT infrastructure and personnel to host and maintain the software. ### Software and Services Related to GRC Platforms Since GRC software is useful to any department of a company, it needs to integrate with other business software. Some of the most common integrations are listed below. [**Environmental, quality and safety management**](https://www.g2.com/categories/environmental-quality-and-safety-management) **—** Some vendors provide suites that combine GRC and EQHS but these are the exception to the rule. All other GRC platforms usually integrate with quality management software (QMS) and environmental health and safety (EHS) software to streamline compliance in industries like retail and manufacturing. [**Security**](https://www.g2.com/categories/security) **and** [**data privacy**](https://www.g2.com/categories/data-privacy) **—** While GRC platforms usually include modules or features for IT risk management, advanced requirements for security and privacy aren’t always covered. It is therefore important to integrate GRC platforms with software for application and network security as well as data privacy management. [**Training eLearning software**](https://www.g2.com/categories/training-elearning) **—** GRC software often includes training materials for compliance purposes but does not always provide features to create new learning content. As such, most GRC platforms integrate with LMS and course authoring software. [**Corporate social responsibility (CSR) software**](https://www.g2.com/categories/corporate-social-responsibility-csr) **—** While CSR can be defined and implemented separately from compliance and internal policies, it is often part of the GRC strategy of a company. Since CSR is self regulating rather than enforced by law, companies adopting it need to define internal policies to implement it. ### What is the best enterprise risk management platform for startups? Based on expert G2 reviews, these are some of the best [Enterprise Risk Management platforms for startups](https://www.g2.com/categories/enterprise-risk-management-erm/small-business): - [IMB OpenPages](https://www.g2.com/products/ibm-openpages/reviews) - [AuditBoard](https://www.g2.com/products/auditboard/reviews) - [Sprinto](https://www.g2.com/products/sprinto-inc/reviews) - [Workiva](https://www.g2.com/products/workiva-workiva/reviews) - [LogicManager](https://www.g2.com/products/logicmanager/reviews) These ERM platforms offer a balance of affordability, ease of use, and features that can support growth strategies at any scale. ### Which ERM software is best for financial services? Selecting the best ERM software for financial services depends on your business size, specific needs, and features that you want to achieve your goals. Here are some of G2's top contenders, each excelling in different areas: - [LogicGate Risk Cloud](https://www.g2.com/products/logicgate-risk-cloud/reviews): is a flexible ERM software with customizable workflows and advanced risk quantification. Ideal for financial organizations seeking automation and scalability - [Scrut Automation](https://www.g2.com/products/scrut-automation/reviews): is a leanding compliance automation platform designed for fast-growing businesses looking to streamline security, risk and compliance without disrupting operations. - [Camms GRC](https://www.g2.com/products/camms-grc/reviews): offers strong ERM solutions, with Quantivate specifically tailored for banks and Camms known for ease of use and strong GRC capabilities - [MetricStream](https://www.g2.com/products/metricstream-enterprise-risk-management/reviews): leverages AI for predictive risk analytics and scenario modeling, with deep support for industry-specific compliance and ideal for large enteprises with complex risk profiles. --- ## What Are the Most Common Questions About Enterprise Risk Management (ERM) Software? *AI-generated · Last updated: June 3, 2026* ### Which ERM software is best for financial services Based on G2 reviews, these products stand out for financial services teams that need centralized risk visibility, controls, and compliance workflows. - [LogicManager](https://www.g2.com/products/logicmanager) — centralized ERM and issue tracking. - [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc) — integrated risk registers and controls. - [Workiva](https://www.g2.com/products/workiva-workiva) — connected controls, risks, and testing. ### Top-rated ERM tools for medium-sized businesses Based on G2 reviews, these products are often described as easier to implement, simpler to manage, or practical for growing teams. - [Sprinto](https://www.g2.com/products/sprinto-inc) — automated compliance for lean teams. - [Workiva](https://www.g2.com/products/workiva-workiva) — centralized testing and reporting workflows. - [LogicManager](https://www.g2.com/products/logicmanager) — organized vendor and incident management. ### Leading ERM software solutions in the market Based on G2 reviews, buyers most often point to platforms that centralize risk data, connect controls and audits, and reduce spreadsheet-based work. - [Workiva](https://www.g2.com/products/workiva-workiva) — linked risks, controls, and requests. - [ServiceNow Governance, Risk, and Compliance (GRC)](https://www.g2.com/products/servicenow-governance-risk-and-compliance-grc) — enterprise-wide visibility and workflow automation. - [LogicManager](https://www.g2.com/products/logicmanager) — workflow-driven issue and vendor reviews. - [Onspring](https://www.g2.com/products/onspring) — customizable no-code risk workflows. ### What should buyers look for in enterprise risk management solutions According to verified users, strong enterprise risk management solutions help teams replace scattered spreadsheets with a central system for risks, controls, issues, and audit activity. Reviews repeatedly highlight the value of clear dashboards, configurable workflows, reminders, and evidence tracking that make follow-up easier across departments. Buyers also focus on how well a platform supports risk assessments, reporting, control mapping, and collaboration with audit, compliance, and business stakeholders. Ease of setup and usability matter too, since several reviewers mention learning curves, navigation complexity, or heavy configuration when tools are powerful but not simple to adopt. ### How do teams use ERM for risk assessments According to verified users, teams use ERM platforms to run risk assessments in a more structured and repeatable way. Common workflows include documenting risks in a central register, assigning owners, linking controls and mitigation actions, tracking deadlines, and reviewing status through dashboards or reports. Reviewers often describe moving away from spreadsheets and email threads so assessments are easier to update, compare, and share across business units. They also mention using ERM tools to connect assessments with audits, compliance tasks, incidents, or control testing, which helps teams see changes in risk posture and maintain clearer accountability over follow-up work.