Use the flexible LogicManager framework to complete tasks such as conducting risk assessments, ensuring regulatory compliance, or completing an audit, while eliminating duplicative work. Standardize risk assessments across silos and functions of the organization to ensure transparency, alignment, and performance management.
Successful enterprise risk, compliance and performance assessments can be a powerful tool for board and senior-level strategic decision making. The key to a successful risk assessment is being able to compare information across functions and levels while keeping one comprehensive risk picture.


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Integrated Risk Identification & Risk Assessment Tools

Leverage root-cause risk libraries

  • Use a pre-built, centralized root-cause risk library, or customize your own risk library
  • Drag-and-drop risks from your risk library to different business areas
  • Add to the library over time and receive updates on emerging risks or new standards

Utilize simple risk assessment tools

  • Easily reach out to participants assigned to certain risks, automatically updating the subset of risks assigned to each participant
  • Identify systemic risks, and understand how they impact the organization
  • Evaluate if further mitigation is needed, & document new and existing control and monitoring activities

Use standardized assessment criteria

  • Utilize risk assessment software tools populated with industry best-practice assessment criteria templates
  • Customizable pre-populated industry criteria to standardize and objectify all assessments throughout the organization
  • Compared and utilize standardized criteria cross-functionally for more accurate and actionable risk management

Advance risk assessment practices

  • Take advantage of more advanced features that can be turned on at any point for no added cost
  • Collect more information, set parameters, and conduct scenario analyses
  • Allow for better decision making under uncertainty by using voting, weighting, tolerances, and what-if scenarios with financial impact

Analyze, aggregate & report

  • View trends over time, providing context and a reference point to a static risk profile
  • Analyze risk assessments holistically, prioritizing which risks and areas of the business are in the most need of a risk mitigation strategy, increased monitoring, & resources
  • Use heat maps, dashboards and reports to aggregate information across business silos and filter on strategies & topics of interest

Aggregate information

  • Tie root cause risks to Board and executive-level strategic goals
  • Use drag-and-drop to link root-cause risks with strategic goals, key concerns, locations, & regulations
  • Aggregate all actionable, root-cause information to present to senior management, with the ability to drill-down to more specific information as needed
Identify & Assess Risk With Support

New LogicManager customers also have the option of asking their dedicated Advisory Analyst to recreate and mirror any risk assessment and risk identification processes and controls that are already in place. We’ll replicate these items, including your business’s logo and branding, as a first step in the development of your LogicManager environment.

LogicManager’s BI risk reporting tool requires no IT training or experience, and is included with any subscription to our ERM software. Simply drag and drop the fields and filters you’d like to create, and the tool will do the rest.

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Risk Identification Customer Testimonials

Free Resource Downloads
Utilize the actionable ERM resources in our complimentary risk assessment template for Excel.

Our basic risk assessment template is designed to help you take the first steps in standardizing your processes.

risk management webinar

This educational eBook walks through 5 best practices for conducting objective, enterprise-wide risk assessments.

risk management ebook

How do you prioritize organizational risks? Can you link them to strategic goals? Read this eBook to find out!

risk data sheet

Establish an ERM process by equipping risk managers with the critical framework they need.

Key Components

Click to enlarge sample risk identification and assessment.