Enterprise Risk Management Program
Performance is the result of effective risk management
For risk teams, the challenge isn’t a lack of effort—it’s a lack of alignment. Too often, assessments live in spreadsheets, reporting is reactive, and risk activities feel disconnected from strategy. This fragmentation leads to blind spots, duplicated work, and pressure from leadership to provide clear, defensible answers that current processes can’t easily deliver.
LogicManager’s Enterprise Risk Management (ERM) Program changes that dynamic. It gives risk professionals the structure to formalize oversight, apply consistent standards, and engage the right stakeholders at the right time. With standardized assessments, prebuilt content, and automated workflows, you can identify high-impact risks with confidence and ensure accountability across business units.
By centralizing data in a single connected platform, LogicManager helps you bridge silos and provide real-time insights that translate into leadership-ready intelligence. The result: a program that not only supports compliance but also fulfills your mandate to prevent fraud, waste, and negligence—while demonstrating the strategic value of risk management through improved performance, alignment, and resilience.
Where Are You in Your Risk Journey?
No matter where you're starting from, we meet you there—and take you further. Choose the path that sounds most like you and watch how LogicManager transforms your approach to security and governance.
You're manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.
You're logging controls and assessments into a passive system with no real follow-through. See how LogicManager turns your governance into performance.
You're manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.
Engaging Teams, Roles and Responsibilities
Enterprise risk management requires input and action across the organization—from the boardroom to front-line operations—because everyone's role includes risk management.
With ERM, you are setting the standards that guide how risks are identified, assessed, and addressed at every level. That's why LogicManager is built for unlimited users, with role-based access controls that foster engagement while preserving clear lines of responsibility. Risk Ripple Intelligence ensures the right people see the right information at the right time, empowering timely action without unnecessary noise.
Board Risk Committees, Executive Management, Business Unit Heads, Operational Managers, Chief Risk Officers, Department Risk Coordinators, and Audit leaders can all work within a single system. By giving stakeholders direct access to only what they need, LogicManager reduces friction, bridges silos, and ensures seamless coordination across departments.
Your Roadmap to Enterprise Risk Management Success
Turning Activities Into Actionable Intelligence
ERM isn't just about identifying risks—it's about managing them to drive strategic performance. LogicManager transforms your risk activities into actionable intelligence with real-time dashboards, customizable reports, and dynamic Insight Workbenches.
Our Risk Ripple Intelligence connects the dots across your environment, revealing the relationships between assessments, mitigations, controls, incidents, and strategic objectives. When something changes—like a new risk score, failed control, or shifting KPI—you immediately see the downstream impact and can act with confidence.
Whether you're preparing for a board meeting, audit, or executive review, LogicManager equips you with accurate, defensible, and real-time reporting that's tailored to your audience. From high-level summaries to granular evidence, your program is always presentation-ready—with nothing left to chase down.
VETTED BY THE BEST FOR ENTERPRISE RISK MANAGEMENT
Request a LogicManager Demo
Discover how LogicManager's Enterprise Risk Management Program empowers you to set the standards for risk governance—making risk a strategic priority that drives accountability, alignment, and measurable results.
Speak with a risk specialist today to centralize oversight, bridge silos, and build a culture of governance that prevents fraud, waste, and negligence before they impact your business.
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 risk 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.
Managing your risk is crucial in today's See-Through Economy, where consumers and investors have access to more information than ever before, which can impact a company's reputation. By using ERM software, organizations can streamline their risk management and compliance efforts, automate manual processes, and provide robust reporting capabilities, making it easier to identify trends and communicate risk-related information to stakeholders. ERM software also helps organizations allocate resources effectively, prioritize risks, and make informed decisions based on a holistic view of their risks.
Enterprise risk management (ERM) is a systematic approach to managing risks across an entire organization. It involves identifying, assessing, mitigating, monitoring, and reporting on risks that could impact the organization's objectives, stakeholders, and operations. ERM provides a holistic view of all the risks that an organization faces and allows it to prioritize and allocate resources to manage those risks effectively.
The goal of ERM is to help organizations anticipate and manage future financial, operational, and regulatory risks, as well as mitigate lawsuits and penalties. By using a risk-based approach, companies can identify and prioritize the risks that pose the greatest threats to their business, and then take action to address them.
ERM involves a range of activities, such as risk assessments, risk mitigation strategies, monitoring and reporting on risks, and ongoing risk management. It is a continuous process that requires engagement from stakeholders at all levels of the organization, including executives, managers, employees, and external partners.
Overall, enterprise risk management helps companies protect their reputation, employees, investors, and community by enabling them to allocate resources effectively and make informed decisions that take into account the potential impact of risks on their business.
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 best done through a risk-based approach which 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 complimentary 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 the 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.
