Risk Ledger Pros and Cons: Top 5 Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users find Risk Ledger's ease of use exceptional, noting its intuitive interface and quick navigation. (18 mentions)

Users find Risk Ledger's centralized risk management effective in simplifying and enhancing supply chain security processes. (15 mentions)

Users value the time-saving capabilities of Risk Ledger, enhancing efficiency in risk assessment and supplier onboarding. (13 mentions)

Users value the efficiency of Risk Ledger, highlighting streamlined onboarding and risk assessment through a centralized platform. (10 mentions)

Users value the strong security measures of Risk Ledger, enhancing transparency and managing third-party cyber risks effectively. (10 mentions)

Users find the setup to be complex, particularly non-tech individuals struggle with the interface and onboarding process. (4 mentions)

Users find the onboarding process clunky, making it challenging for non-tech individuals to adapt smoothly. (4 mentions)

Users find the difficult setup of Risk Ledger time-consuming, making initial use challenging for non-tech-savvy individuals. (3 mentions)

Users find the poor interface design can slow navigation and complicate the initial setup process. (3 mentions)

Users find the time-consuming setup process challenging, often leading to frustration and inefficiency during initial use. (3 mentions)

5 Pros or Advantages of Risk Ledger

1. Ease of Use

Users find Risk Ledger's ease of use exceptional, noting its intuitive interface and quick navigation.

See 18 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you like about Risk Ledger?

Risk Ledger provides a simple, centralized way to manage third-party cyber risk. I like that suppliers can share security information once, reducing d

brix a.

Small-Business (50 or fewer emp.)

5.0/5

"Revolutionizes Supplier Security with Effortless Due Diligence"

What do you like about Risk Ledger?

Instead of every company sending long questionnaires back and forth, suppliers create a single, reusable security profile that all their clients can v

2. Risk Management

Users find Risk Ledger's centralized risk management effective in simplifying and enhancing supply chain security processes.

See 15 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you like about Risk Ledger?

Risk Ledger provides a simple, centralized way to manage third-party cyber risk. I like that suppliers can share security information once, reducing d

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Streamlined Third-Party Due Diligence with Risk Ledger"

What do you like about Risk Ledger?

Risk Ledger has become an essential tool in our third-party due diligence process. It simplifies supplier onboarding and risk assessment by providing

3. Time-saving

Users value the time-saving capabilities of Risk Ledger, enhancing efficiency in risk assessment and supplier onboarding.

See 13 mentions

See Related User Reviews

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Streamlined Third-Party Due Diligence with Risk Ledger"

What do you like about Risk Ledger?

Risk Ledger has become an essential tool in our third-party due diligence process. It simplifies supplier onboarding and risk assessment by providing

Abnet Tsegaye B.

Mid-Market (51-1000 emp.)

4.0/5

"Risk Ledger"

What do you like about Risk Ledger?

What is most helpful about Risk Ledger is that it offers compliance templates and automated workflows for risk assessments. Additionally, it has a con

4. Efficiency

Users value the efficiency of Risk Ledger, highlighting streamlined onboarding and risk assessment through a centralized platform.

See 10 mentions

See Related User Reviews

brix a.

Small-Business (50 or fewer emp.)

5.0/5

"Revolutionizes Supplier Security with Effortless Due Diligence"

What do you like about Risk Ledger?

Instead of every company sending long questionnaires back and forth, suppliers create a single, reusable security profile that all their clients can v

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Streamlined Third-Party Due Diligence with Risk Ledger"

What do you like about Risk Ledger?

Risk Ledger has become an essential tool in our third-party due diligence process. It simplifies supplier onboarding and risk assessment by providing

5. Security

Users value the strong security measures of Risk Ledger, enhancing transparency and managing third-party cyber risks effectively.

See 10 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you like about Risk Ledger?

Risk Ledger provides a simple, centralized way to manage third-party cyber risk. I like that suppliers can share security information once, reducing d

brix a.

Small-Business (50 or fewer emp.)

5.0/5

"Revolutionizes Supplier Security with Effortless Due Diligence"

What do you like about Risk Ledger?

Instead of every company sending long questionnaires back and forth, suppliers create a single, reusable security profile that all their clients can v

5 Cons or Disadvantages of Risk Ledger

1. Complex Setup

Users find the setup to be complex, particularly non-tech individuals struggle with the interface and onboarding process.

See 4 mentions

See Related User Reviews

Verified User

Mid-Market (51-1000 emp.)

5.0/5

"Streamlined Third-Party Due Diligence with Risk Ledger"

What do you dislike about Risk Ledger?

Some suppliers may need guidance during initial setup

Sanskar S.

Mid-Market (51-1000 emp.)

5.0/5

"Supply chain security best tool"

What do you dislike about Risk Ledger?

In my opinion, it does not have any dislikes. Sometimes it feels difficult to use, being a non-tech guy, that's it. Apart from that, it's a really goo

2. Onboarding Difficulties

Users find the onboarding process clunky, making it challenging for non-tech individuals to adapt smoothly.

See 4 mentions

See Related User Reviews

Sanskar S.

Mid-Market (51-1000 emp.)

5.0/5

"Supply chain security best tool"

What do you dislike about Risk Ledger?

In my opinion, it does not have any dislikes. Sometimes it feels difficult to use, being a non-tech guy, that's it. Apart from that, it's a really goo

Olu A.

Mid-Market (51-1000 emp.)

3.5/5

"Game changer"

What do you dislike about Risk Ledger?

the onboarding process can be a bit clunky, and it takes some time to get used to the interface. I've also noticed that the platform can be a bit slow

3. Difficult Setup

Users find the difficult setup of Risk Ledger time-consuming, making initial use challenging for non-tech-savvy individuals.

See 3 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you dislike about Risk Ledger?

Some aspects of the platform can feel time-consuming to set up initially, and the user interface occasionally feels less intuitive, making navigation

Sanskar S.

Mid-Market (51-1000 emp.)

5.0/5

"Supply chain security best tool"

What do you dislike about Risk Ledger?

In my opinion, it does not have any dislikes. Sometimes it feels difficult to use, being a non-tech guy, that's it. Apart from that, it's a really goo

4. Poor Interface Design

Users find the poor interface design can slow navigation and complicate the initial setup process.

See 3 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you dislike about Risk Ledger?

Some aspects of the platform can feel time-consuming to set up initially, and the user interface occasionally feels less intuitive, making navigation

Alex C.

Mid-Market (51-1000 emp.)

4.5/5

"Fantastic time saver, truly hope to see the day Risk Ledger unifies the supplier management space."

What do you dislike about Risk Ledger?

It's a struggle to think of anything, my only gripe would be some minor improvements in the UI that could be tidied up.

5. Time Consumption

Users find the time-consuming setup process challenging, often leading to frustration and inefficiency during initial use.

See 3 mentions

See Related User Reviews

Seid H.

Mid-Market (51-1000 emp.)

4.5/5

"Efficient and Transparent Third-Party Cyber Risk Management"

What do you dislike about Risk Ledger?

Some aspects of the platform can feel time-consuming to set up initially, and the user interface occasionally feels less intuitive, making navigation

Anthony R.

Mid-Market (51-1000 emp.)

4.0/5

"A fantastic way to manage your security profile and share it with customers and suppliers"

What do you dislike about Risk Ledger?

If you don't have an existing assessment that you can upload it takes about 3-4 hours to complete the profile, this is a lot of time to spend and it w

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marc p.

IT Security Analyst

Enterprise (> 1000 emp.)

7/19/2024

"Excellent for Supplier assessment management"

4.5/5

What do you like best about Risk Ledger?

Risk Ledger is easy to use and is intuitive. The supplier risk map is great for supply chain visualization, as well as the emerging threat section, especially with the coverage of the MS/Crowdstrike global issues, the team was so fast in getting this deployed on the same day and allowed us to start tracking supplier responses very quickly. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Downsides are possibly the length of time it may take suppliers to complete the assessment. One size fits all assessment. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

Thank you for your detailed feedback! We’re thrilled to hear that you find Risk Ledger easy to use and intuitive, and that the supplier risk map and emerging threat section have been helpful – especially with the fast deployment of MS/Crowdstrike updates! We understand that the length of time for suppliers to complete the assessment can be a concern, and we appreciate your input on the "one size fits all" approach. It’s great to know that Risk Ledger is helping streamline your process and save you from having to hire additional staff to manage assessments and reminders.

Verified User in Hospital & Health Care

Mid-Market (51-1000 emp.)

11/4/2024

"Excellent service from initial enquiry through to post-onboarding support."

4.5/5

What do you like best about Risk Ledger?

The ability to provide interested parties with a link to access your Risk Ledger profile reduces the amount of time spent due diligence questionnaires. The Risk Ledger platform is easy to implement and includes a number of features to improve efficiency when monitoring supplier compliance, including a dashboard that is clear and intuitive to use. Customer support is excellent throughout the onboarding process and beyond. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Suppliers can be reluctant to repeat the assessment on a 6-monthly basis. Review collected by and hosted on G2.com.

What problems is Risk Ledger solving and how is that benefiting you?

The main reason for introducing Risk Ledger was to help with third party risk management, providing us with a standardised questionnaire for our suppliers to complete and inform us about their information security profile. Similarly, having completed the assessment ourselves, this has reduced the amount of time spent completing separate due diligence questionnaires from other organisations. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

Thank you for your detailed review! We’re thrilled that our platform’s ease of use, clear dashboard, and supportive onboarding have made a positive impact. Your feedback on supplier reluctance for 6 monthly reviews is noted, and we’re committed to finding ways to improve this. We’re glad Risk Ledger has streamlined your third-party risk management and reduced your due diligence workload!

Verified User in Computer Software

Mid-Market (51-1000 emp.)

2/26/2025

"Excellent as central source of content."

5/5

What do you like best about Risk Ledger?

The document store is superb. Knowing there is a managed area for policies is great. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

The version control could be clearer in the document store. Review collected by and hosted on G2.com.

Alan H.

Managing Director

Small-Business (50 or fewer emp.)

9/27/2024

"Ease of use and frictionless experience"

4/5

What do you like best about Risk Ledger?

AI capability that saves time makes a real difference. Often enough, there is a lot of repeat work going on with infoSec which can be frustrating. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

A few too many clicks at times. Id like to see AI take an even bigger role in reducing the manual element to infosec. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

Thanks for your great feedback! We're glad to hear that the AI capabilities are helping save time and reduce the repetitive work in InfoSec. We appreciate your suggestion about reducing clicks and increasing the AI’s role in automating the process even further – we're always looking for ways to improve. It's fantastic to know that Risk Ledger is streamlining your InfoSec completion and making the process more efficient!

Verified User in Information Technology and Services

Mid-Market (51-1000 emp.)

4/11/2025

"Easy to use ish"

4/5

What do you like best about Risk Ledger?

Clear where to answer questions and the different sections Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Weirdly if I complete some sections and go back it will change the percentage to say not completed Review collected by and hosted on G2.com.

Reggie C.

Principal Software Architect (MindManager)

Small-Business (50 or fewer emp.)

10/23/2024

"Good management platform to share information about security practice."

3.5/5

What do you like best about Risk Ledger?

Dashboard is well designed, with all the necessary actions laid out for quick navigation. 'Help' and 'Learn more' links in assessment provide very good references for users. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

There are probably rooms for improvement on UI in assessment for suppliers. It seems once you click on 'Yes' or 'No' as an answer, the status of the question could not be reverted back to 'Unanswered' if one is not really sure and wish to retract his or her answer. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

We're glad you find the dashboard user-friendly and appreciate the helpful resources in the assessments. Your feedback on the UI and the ability to revert answers is really valuable, and we'll definitely look into making that smoother for our users. It's great to hear that Risk Ledger is supporting collaboration on security practices that is why we are here!!

Richard S.

Head of Cyber & Infrastructure

Mid-Market (51-1000 emp.)

11/14/2024

"Simple Due Diligence Declarations"

5/5

What do you like best about Risk Ledger?

Risk Ledger provides a comprehensive and easy to use platform for making due diligence declarations. We were up and running in a couple of hours, and found it intuitive and easy to integrate with our existing processes. Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

None that we have found yet - it has been an excellent choice Review collected by and hosted on G2.com.

Sina A.

COO

Small-Business (50 or fewer emp.)

2/20/2025

"Quick and efficient process"

5/5

What do you like best about Risk Ledger?

Simple user experience, easy to navigate Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Nothing to dislike, as mentioned it is simple and easy to use Review collected by and hosted on G2.com.

Ben M.

Director of Managed IT Services

Small-Business (50 or fewer emp.)

10/10/2024

"A simple to use and comprehensive tool to secure your supply chain"

5/5

What do you like best about Risk Ledger?

It provides a single place to maintain and share your business security profile Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

It required some initial setupa and ongoing maintenance to keep up to date. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

Thanks for your review! We're thrilled that you value having a single platform for maintaining and sharing your security profile – that’s exactly what we aim for. We hear you on the initial setup and ongoing updates; we’re always looking for ways to make that smoother. Great to know Risk Ledger is helping you keep your customers informed!

Tori M.

Commercial Director

Small-Business (50 or fewer emp.)

1/20/2025

"Creating links for Enterprise clients to review our IT set up"

3.5/5

What do you like best about Risk Ledger?

Ease of creating documents to our company operations for clients Review collected by and hosted on G2.com.

What do you dislike about Risk Ledger?

Not being able to edit links after you have created them. Review collected by and hosted on G2.com.

Response from Tom Baker of Risk Ledger

edit

Thank you for your feedback! We're pleased to hear that Risk Ledger makes it easy for you to create documents for your clients. We also appreciate your comment on link editing—this is valuable insight, and we'll consider it for future improvements.