Enterprise Risk Management Software Performance is the result of effective risk management
Our enterprise risk management (ERM) software empowers organizations to anticipate what’s ahead, protect their reputation, and improve business performance through strong governance. Our all-in-one hub streamlines your processes with a range of automated tools that allow for better risk identification, monitoring, and reporting. Developing, improving, and reporting on your risk program has never been easier with our ERM software solutions.
Risk Management Software Bundle
Integrated Risk Management
Learn MoreRisk Management Information System (RMIS)
Learn MoreDepartmental Risk Assessments
Learn MoreBank Branch Risk Assessment
Learn MoreNew Project Risk Management
Learn MoreeBanking Risk Assessment
Learn MoreRisk Maturity Model
Learn MoreCompliance Risk Assessments
Learn MoreEmerging Operational Risks
Learn MoreApplications Risk Assessment
Learn MoreProject Risk Management
Learn MoreMergers and Acquisitions Risk Management
Learn MoreProduct or Service Risk Assessment
Learn MoreApplication Management
Learn MoreChange Management
Learn MoreVendor Risk Assessment
Learn MoreClimate Change Risk Assessment
Learn More
Why Logicmanager? – Users of LogicManager’s ERM / GRC software explain how their risk management programs have benefited from our platform and expert advisory service.
Customer Success StoriesExplore How Companies Overcame Challenges With Our ERM Software Solutions
Georgia Farm Bureau Mutual Insurance Company® Case Study
Georgia Farm Bureau Mutual Insurance Company® transformed the reputation and value-add of their risk management department by leveraging LogicManager’s software.
Regulatory Challenges and Enterprise Risk Management Case Study
How one of LogicManager’s customers in the financial services industry has used LogicManager to manage regulatory challenges with a best practice Enterprise Risk Management program.
What Our Customers Are Saying...
The LogicManager DifferenceA Holistic Approach to Enterprise Risk Management (ERM)
Business Decision InsightsFocus on What’s Important
Through our ERM and GRC Software, we allow our customers to spend more time strategically managing risks– and less time on tedious administrative activities, like data cleansing and manipulation. Our solution enhances efficiency while bringing “unknown knowns” that risk managers might miss to the surface. Our risk management tools are designed to help you align strategic business goals with operational objectives. By giving you an enterprise view of your risk at all times, LogicManager not only drastically reduces the time and money you spend on risk management, it helps you help others.
Customer ExperienceStreamline Your Risk Management Program
Unlike other software that requires IT professional customization, our solution allows customers to control engagement through an end-user configuration. This approach enables faster time-to-value and allows organizations to evolve their programs over time, not to mention a quicker return on investment.
Risk-Based ApproachPrepare for Tomorrow’s Surprises Today
A risk-based approach is the key to effective governance, risk, and compliance. This process enables sound prioritization across organizational silos, identifies challenges and critical dependencies, and proper resource allocation. LogicManager’s ERM software guides you through the process steps of a risk-based approach from start to finish: identify, assess, mitigate, monitor, and report.
CapabilitiesAn All-In-One Vendor Risk Management Platform
ERM Solutions to Bridge Your Risk Journey Across Silos
Your risks are all interconnected. Our governance area and point solution packages are built on a taxonomy platform, so they can be easily integrated into any department and support you throughout the entirety of your organization’s risk journey.
Frequently Asked QuestionsFoundations of Enterprise Risk Management
Enterprise Risk Management (ERM) software helps you take an enterprise-wide approach to risk management and compliance. Your risks and compliance programs are all connected, so they should be managed using software that inherently draws connections between the people, processes, and departments at your organization that house those risks and ladder up to various regulations. ERM software serves as a centralized hub for managing risk across your entire enterprise.
Effectively assessing risks, mitigating and monitoring activities as you uncover critical risks across your entire enterprise. Ultimately, it helps the company allocate resources effectively to protect its reputation, employees, investors, and community.
Not only does having a strong risk management program save you money, but it also enhances performance. In fact, organizations that have a formalized enterprise risk management program tend to have higher evaluations thanks to their risk analysis.
An independent research study, “The Valuation Implications for Enterprise Risk Management Maturity,” was published in the prestigious Journal of Risk and Insurance. This peer-reviewed and rigorous study conducted by Queens University MBA program definitively quantifies a 25% market valuation premium for organizations that have reached mature levels of ERM.
Implementing an effective risk management program is a five-step process:
- Identify
- Assess
- Mitigate
- Monitor
- Report
The first step in the risk management process is to identify the risks that are likely to occur. The company will need to identify the risks related to its business by conducting a risk assessment based on surrounding areas that could potentially affect them. Download this free risk assessment template built on a framework of best practices to get started.
Every governance area consists of a host of different events, governance, assessment, mitigation, and monitoring activities that must be carried out in order to truly protect your organization. Enterprise risk management is most effective as an iterative process in which each activity builds off each other. Most importantly, the key to navigating this complexity is engaging people across all levels and departments of the organization
To help organizations across industries achieve this goal, LogicManager authored the Risk Maturity Model (RMM) in 2005. The RMM was launched as a best practice framework and free risk maturity assessment tool. Today, the RMM is housed directly within the LogicManager application and continues to help professionals and executives develop and improve sustainable enterprise risk management programs.
Take the free RMM assessment here.
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Speak with one of our risk specialists today and discover how you can empower your organization to uphold their reputation, anticipate what’s ahead, and improve business performance through strong governance.
