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RISKMASTER Reviews & Product Details

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RISKMASTER Reviews (6)

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UC

Verified User in Consumer Goods

Small-Business (50 or fewer emp.)

2/25/2022

"Riskmaster Review - Recommended!"

4.5/5

What do you like best about RISKMASTER?

The upsides of using Riskmaster are as follows:

a. Easy to use, and intuitive interface

b. User-friendly system

c. It doesn't require extensive training to get started Review collected by and hosted on G2.com.

What do you dislike about RISKMASTER?

The downsides of using Riskmaster are as follows:

a. there is no mobile application

b. Even though the interface is simple, it doesn't look perfect

c. Exporting data to excel is not allowed Review collected by and hosted on G2.com.

UC

Verified User in Computer & Network Security

Mid-Market (51-1000 emp.)

4/24/2022

"Risk Master"

3.5/5

What do you like best about RISKMASTER?

Riakmaster is india's best risk managing tool. Review collected by and hosted on G2.com.

What do you dislike about RISKMASTER?

Little expensive and sometime ineffective for some threats. Review collected by and hosted on G2.com.

KH

Kaitlyn H.

Senior Product Owner-Manager

Small-Business (50 or fewer emp.)

6/23/2020

"Riskmaster for Workers' Comp"

3/5

What do you like best about RISKMASTER?

Riskmaster is a good core claims system for workers comp that handles the day to day functions. This includes entering and processing claims, making payments, and regulatory reporting. Review collected by and hosted on G2.com.

What do you dislike about RISKMASTER?

Riskmaster is limited in customization and some of the newer features that are out in the market. Dashboards are limited and not as customizable as we would like them to be. Upgrading is a long process that takes a minimum of 3 months to implement and becomes costly. It is frustrating that we have to upgrade to gain any new features or sometimes just fixes to what is broken. Review collected by and hosted on G2.com.

Recommendations to others considering RISKMASTER:

Make sure you understand the features that they are offering and that you understand what you are getting before assuming how the product will function. Review collected by and hosted on G2.com.

What problems is RISKMASTER solving and how is that benefiting you?

Processing claims, making payments to vendors and claimants, regulatory reporting. Review collected by and hosted on G2.com.

UI

Verified User in Insurance

Enterprise (> 1000 emp.)

5/17/2018

"Intuitive User Interface, but a little clunky"

2.5/5

What do you like best about RISKMASTER?

I like that the system is very user friendly and easy to understand after a short learning curve. Review collected by and hosted on G2.com.

What do you dislike about RISKMASTER?

From a finance perspective, I dislike that the software does not allow exporting data to csv or excel in certain places like the funds management for individual claims. It would be very helpful to be able to export large portions of data from individual claims or from whole programs so that we could analyze the data more effectively.

It is also difficult to navigate from an individual payment (in our case, a check) to the claim that is associated with that payment. If the claim could be accessed in a one-click fashion, it would make the processing much smoother. Review collected by and hosted on G2.com.

Recommendations to others considering RISKMASTER:

Plan very well before implementation for all aspects of your business. The program is a little clunky, but it does still have very good functionality, and if you get input from all business units and functions, you can run very successful claims management operations. Review collected by and hosted on G2.com.

What problems is RISKMASTER solving and how is that benefiting you?

RISKMASTER allows us to manage claims and payment information for individual claims and organizes a large amount of data in an understandable fashion. We are able to see information on claims, payments, programs, etc. Review collected by and hosted on G2.com.