Transform Your Business with Enterprise Risk Management (ERM) Software Solutions
LogicManager’s Enterprise Risk Management Software provides a risk-based approach to connect all your enterprise risk management, governance, and compliance activities in one centralized hub. By focusing on materiality and priorities, you can save time while improving your business performance with a structured and systematic approach. Request a demo today to discover how LogicManager’s ERM software can empower your organization to uphold their reputation, anticipate what’s ahead, and improve business performance through strong governance.
Prepare for Tomorrow’s Surprises Today with a Risk-Based Approach
The first step to developing and advancing your ERM program is identifying business risks across your organization. LogicManager’s ERM solutions include centralized libraries of industry-specific potential risks so you can collect and organize the information on the business processes that you’re after for better risk assessments.
The hallmark of a healthy enterprise risk management system is the ability to assess business risks in a uniform fashion. Our pre-built, configurable risk assessments criteria standardizes data so what you’re collecting is always comparable.
Create repositories of risk mitigation activities, controls, and procedures to cover the areas that need it most. With our enterprise risk management tools, you can connect these activities to the resources and requirements they impact so you can easily spot gaps and manage risk better.
Take your program to the next level with the risk monitoring capabilities in our cloud based ERM Software. LogicManager’s software streamlines testing, metric collection, and incidents remediation to ensure your controls are effective and you’re making progress in real time.
Provide your stakeholders with the risk data that matter most with top-rated data visualizations. Our enterprise risk management system has interactive dashboards, heat maps, and risk-matrices built in, so you can craft rich analyses and drive business decisions across the enterprise.
Streamline your Enterprise Risk Management Program with the Leading ERM System
LogicManager’s One-Click Compliance dramatically reduces the effort and time required to satisfy compliance requirements. Through our taxonomy-driven AI, LogicManager will surface all relevant controls and automap them to any risk or compliance plan in just one click.
LogicManager’s ERM system is built on robust taxonomy technology. Connect your organization’s risks in one-click across departments to the controls, resources, processes, and people they impact to identify dependencies and ensure you’re ahead of the curve.
LogicManager provides risk-based Governance, Risk, and Compliance (GRC) solutions that go beyond traditional GRC software. Unlike other risk management companies that solely focus on GRC, LogicManager’s ERM software is designed to be a centralized hub, providing a more comprehensive approach to risk management. By using our ERM software, organizations can connect risk assessments, controls, and compliance activities with their strategic goals and objectives, enabling them to make more informed business decisions and reduce overall risk.
Your Business is the Sum of Many Different Parts and All of Them are Connected by Risk
The connected methodology behind our enterprise risk management software extends across every solution area of LogicManager. So no matter what your goals are, you’re always taking a standardized, meaningful, and actionable approach thanks to our risk management solution.
With LogicManager’s automated ERM system, you can streamline your risk management processes. Our cloud-based software is easy to use and allows you to engage the people involved in any governance process with automatic notifications and reminders. Track the status of projects by maintaining a real-time visual on what risk assessment tasks are outstanding and complete.
The LogicManager Difference
90-Day Unconditional Satisfaction Guarantee
We take the risk so you do not have to. We evaluate each solution’s effectiveness to ensure your success and hold ourselves accountable with an unconditional money-back guarantee. We are dedicated to evolving with you as your needs expand.
All Inclusive No Surprises Fixed Pricing
Our fixed pricing model offers unlimited licensing and everything you need to succeed in risk management. With no surprise fees, our no-code technology allows for easy configuration and we provide additional support from our advisory team at no extra cost.
Outcome-based Advisory Services
We’re not just a software provider, but your trusted partner in enterprise risk management. Our outcome-based advisory services are included with our ERM software to help you streamline processes and achieve your objectives. From one-on-one training sessions to answering technical and best-practice questions, our dedicated advisory analysts are with you every step of the way.
Customer Success With Our Enterprise Risk Management Software
Our customers get more than a cloud-based ERM program; they get a long-term partner for their risk management program. When you sign on with us, we make sure to pair you with an advisor who is genuinely invested in your success and helps you use LogicManager’s risk management software to its fullest potential. That’s why we’re known for customer satisfaction.
Related Enterprise Risk Management Content
Frequently Asked Questions
What Is ERM Software?
Enterprise Risk Management (ERM) software is a tool that enables organizations to identify, assess, monitor, and manage risks across the entire enterprise. It provides a systematic approach to risk management that helps companies prioritize and mitigate risks more effectively. ERM software typically includes a range of features and capabilities, such as risk assessment and analysis tools, risk monitoring and reporting, incident management, compliance management, and more.
With ERM software, organizations can gain a holistic view of their risk landscape and identify potential risks that may not have been apparent before. It also helps companies to streamline their risk management processes, reduce duplication of efforts, and improve collaboration between different departments and stakeholders. By using ERM software, organizations can proactively manage risks and compliance requirements, reduce the likelihood of negative events, and ensure they are in compliance with regulatory requirements.
Overall, ERM software is an essential tool for any organization that wants to take a proactive approach to risk management and compliance. It can help businesses make informed decisions, minimize potential risks, and protect their reputation and financial stability.
What Are Some ERM Software Features?
Your ERM software should feature tools that allow you to take a risk-based approach to every activity across your enterprise. ERM software may include tools for identifying and assessing risks, risk mitigation suggestions, risk monitoring strategies, reporting engines, advisory services and more. With ERM software, you ideally apply this risk-based methodology to every process and department in your organization.
How Much Does ERM Software Cost?
The price of ERM software varies greatly depending on which vendor you select. Some ERM software vendors offer platforms for $20,000 or less, while others offer more premium applications and services that put their prices higher, closer to $40,000. To determine the price of an ERM software vendor, since software product offerings often greatly vary based on user needs, you’ll usually need to meet with a representative from their company to receive a customized quote. It’s also important to note that in many cases, the cost of professional services that are needed to use an ERM platform can be significantly more expensive than the cost of the actual software.
How Do I Know If Enterprise Risk Management Software Is Right For Me?
You may not need ERM software if your company is very small, with no board of directors or governing bodies. However, ERM software may be right for you if your company is publicly traded, has multiple locations, is subject to regulatory requirements, operates in a volatile industry or has a history of or subjectivity to negative public perception. Perhaps at this point in your company history no serious risks have taken place, however, without an enterprise-wide view, unforeseen risks could arise at any given moment. Click here to learn more about the value of ERM software.