How to Build a Risk Assessment Matrix - A step-by-step guide to identifying, analyzing, and mitigating risks.Read Guide
How to Build a Risk Assessment Matrix - A step-by-step guide to identifying, analyzing, and mitigating risks.Read Guide
ESSENTIALERM

AI-Powered Enterprise Risk Management
Transform Risk Into Strategic Advantage

Transform enterprise risk into strategic advantage with our AI-powered platform featuring risk bow-tie analysis, interactive heat maps, and automated risk workflows that deliver real-time insights for faster, smarter collaborative risk management and enhanced organizational resilience.

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Join 3000+ risk leaders already using Essentials
✅ Complete ERM Platform: Risk Assessment to Business Continuity
5x5
Risk Heat Map Matrix
3-Level
Risk Scoring (Inherent/Residual/Target)
Bow-Tie
Root Cause Analysis
Real-Time
Control Effectiveness Tracking
No credit card required
30-day implementation
Enterprise support

Trusted by Fortune 500 companies • Deployed across 55 countries • 99.9% customer satisfaction

ERM Risk AppetiteERM Risk HeatmapERM Risk ScoringERM Risk Details

100s of risk & compliance teams have switched to managing risk with Essentials

Accenture
AtriCure
AvaTrade
CanadaHelps
Care
Centennial College
Hatch
IESO
Joybound
KPMG
MNP
National Defence
Oil Spill Response
Ontario
Port of Portland
Terumo
Toronto Pearson
Toyota
UPEI
CAE
Accenture
AtriCure
AvaTrade
CanadaHelps
Care
Centennial College
Hatch
IESO
Joybound
KPMG
MNP
National Defence
Oil Spill Response
Ontario
Port of Portland
Terumo
Toronto Pearson
Toyota
UPEI
CAE

Transform Risk Management Into Strategic Advantage

Essential ERM delivers business-focused risk management capabilities that drive growth, enhance collaboration, automate processes, and align with strategic objectives.

Risk Intelligence and Analytics

Strategic Risk Intelligence for Business Growth

Essential ERM provides predictive risk analytics and real-time monitoring to support strategic decision-making, enabling organizations to turn risk management into competitive advantage.

Advanced Risk Analytics

Comprehensive reporting capabilities including dashboards and heat maps for actionable risk insights

Key Risk Indicators (KRIs)

Track and monitor KRIs with intelligent linking to risks, mitigations, controls, and strategic objectives for comprehensive risk performance measurement

Predictive Risk Analytics

Data analysis to anticipate potential risks before they materialize, enabling proactive management

Interactive Risk Matrix

Built-in 5x5 risk heatmap with pinned cells, customizable thresholds, and real-time visualization for comprehensive risk assessment

Bow-Tie Analysis Tool

Integrated bow-tie analysis with drag-and-drop functionality to visualize root causes, mitigations, and consequences for comprehensive risk modeling

Dynamic Risk Reporting

Generate reports and dashboards to visualize risk data and track key risk indicators

Flexible Risk Register Platform

Easy-to-Use & Flexible Risk Register

Essential ERM's intuitive risk register serves as your organization's central hub for recording, tracking, and managing all identified risks with unmatched flexibility and ease of use that scales with your business needs.

Centralized Risk Register

Comprehensive repository to record, track, and manage identified risks with easy-to-use interface for updates and monitoring

Flexible Risk Configuration

Customize risk categories, fields, scoring methods, and workflows to match your organization's unique risk management approach

Multi-User Collaboration

Supporting multi-user input and visibility for team-based risk management activities

Collaborative Risk Voting

Unique consensus-building feature that enables teams to vote on risk priorities, likelihood, and impact assessments for more accurate and democratic risk evaluation

Risk Assessment & Approval Workflows

Structured workflows for risk assessment processes with configurable approval chains, review cycles, and stakeholder notifications to ensure proper governance

Risk Lifecycle Management

Track risks from identification through mitigation and closure with automated status updates and progress monitoring

Intelligent Risk Automation

AI-Powered Risk Assessment Automation

Essential ERM's artificial intelligence automates risk identification, control testing, and compliance reporting, reducing manual effort while improving accuracy and consistency.

Automated Risk Suggestions

AI features suggest risks based on your strategic objectives, organizational context and changing external environment

Intelligent Workflow Automation

Automated risk assessment workflows, approval routing, task assignments, stakeholder notifications, and document version control with customizable business rules

No-Code Integrations

Connect with various applications for seamless data synchronization and workflow automation

Controls & Mitigation Tracking

Define and monitor controls and mitigation strategies for identified risks with effectiveness measurement

Risk Appetite Management

Risk Appetite & Strategic Alignment

Define and monitor organizational risk tolerance with Essential ERM's risk appetite framework, ensuring all risk decisions support strategic business objectives and growth initiatives.

Risk Appetite Framework

Define and manage organizational risk appetite ensuring activities align with risk tolerance

Compliance Management

Simplify compliance frameworks and ensure adherence to industry regulations and standards

Business Continuity Management

Define key risk indicators and mitigation strategies to maintain operations during disruptions

Incident & Issue Management

Collect and track incidents, near misses, and issues related to risk events with comprehensive workflows

Additional Enterprise Capabilities

Essential ERM includes advanced features that empower organizations to achieve comprehensive risk management excellence.

Complete audit trail logging for corporate governance
Real-time risk monitoring and impact tracking
Comprehensive GRC platform integration
Risk appetite definition and management
Transparency and communication tools
Enterprise-grade security and compliance

What Our Customers Say About Essential ERM

Real reviews from verified users across enterprise, mid-market, and small business organizations who rely on Essential ERM for their risk management needs.

Chiragdeep M.

Risk Management Coordinator

A must-have tool for risk managers to obtain a clear view of their risks. Interface is intuitive to navigate through.
Viktorija M.

Senior Risk Specialist

Really good tool for risk management. User-friendly interface makes it easy for both beginners and seasoned professionals.
Conor C.

Risk and Compliance Manager

Essential ERM is easy to use, can be scaled quickly. This tool will improve business buy in to your Risk program.
Kate M.

Business Integration Analyst

Excellent tool that enables us to engage our business unit leaders effectively, seamlessly aligning enterprise risks with strategic objectives.
Jana S.

Risk and Compliance Manager

Essential ERM is very easy to set up and navigate. It delivers all product essentials for risk management.
Chiragdeep M.

Risk Management Coordinator

A must-have tool for risk managers to obtain a clear view of their risks. Interface is intuitive to navigate through.
Viktorija M.

Senior Risk Specialist

Really good tool for risk management. User-friendly interface makes it easy for both beginners and seasoned professionals.
Conor C.

Risk and Compliance Manager

Essential ERM is easy to use, can be scaled quickly. This tool will improve business buy in to your Risk program.
Kate M.

Business Integration Analyst

Excellent tool that enables us to engage our business unit leaders effectively, seamlessly aligning enterprise risks with strategic objectives.
Jana S.

Risk and Compliance Manager

Essential ERM is very easy to set up and navigate. It delivers all product essentials for risk management.
Chiragdeep M.

Risk Management Coordinator

A must-have tool for risk managers to obtain a clear view of their risks. Interface is intuitive to navigate through.
Viktorija M.

Senior Risk Specialist

Really good tool for risk management. User-friendly interface makes it easy for both beginners and seasoned professionals.
Conor C.

Risk and Compliance Manager

Essential ERM is easy to use, can be scaled quickly. This tool will improve business buy in to your Risk program.
Kate M.

Business Integration Analyst

Excellent tool that enables us to engage our business unit leaders effectively, seamlessly aligning enterprise risks with strategic objectives.
Jana S.

Risk and Compliance Manager

Essential ERM is very easy to set up and navigate. It delivers all product essentials for risk management.
Chiragdeep M.

Risk Management Coordinator

A must-have tool for risk managers to obtain a clear view of their risks. Interface is intuitive to navigate through.
Viktorija M.

Senior Risk Specialist

Really good tool for risk management. User-friendly interface makes it easy for both beginners and seasoned professionals.
Conor C.

Risk and Compliance Manager

Essential ERM is easy to use, can be scaled quickly. This tool will improve business buy in to your Risk program.
Kate M.

Business Integration Analyst

Excellent tool that enables us to engage our business unit leaders effectively, seamlessly aligning enterprise risks with strategic objectives.
Jana S.

Risk and Compliance Manager

Essential ERM is very easy to set up and navigate. It delivers all product essentials for risk management.
Scott O.

Executive Director & COO

A combination of the ease of use and the amazing customer service makes Essential ERM fantastic!
Banking Professional

Verified User in Banking

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies.
Jane G.

Sr. ERM Analyst

Easy to follow, easy to set up and intuitive workflow. The results show exactly what we want to know about current risks.
Deryck W.

Consulting Chief Financial Officer

I've found it easy to use, and good for both small and large organizations. Really great product design.
Financial Services

Verified User

Constant updates that are made available to users and how relatable it is to what I need on a daily basis.
Scott O.

Executive Director & COO

A combination of the ease of use and the amazing customer service makes Essential ERM fantastic!
Banking Professional

Verified User in Banking

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies.
Jane G.

Sr. ERM Analyst

Easy to follow, easy to set up and intuitive workflow. The results show exactly what we want to know about current risks.
Deryck W.

Consulting Chief Financial Officer

I've found it easy to use, and good for both small and large organizations. Really great product design.
Financial Services

Verified User

Constant updates that are made available to users and how relatable it is to what I need on a daily basis.
Scott O.

Executive Director & COO

A combination of the ease of use and the amazing customer service makes Essential ERM fantastic!
Banking Professional

Verified User in Banking

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies.
Jane G.

Sr. ERM Analyst

Easy to follow, easy to set up and intuitive workflow. The results show exactly what we want to know about current risks.
Deryck W.

Consulting Chief Financial Officer

I've found it easy to use, and good for both small and large organizations. Really great product design.
Financial Services

Verified User

Constant updates that are made available to users and how relatable it is to what I need on a daily basis.
Scott O.

Executive Director & COO

A combination of the ease of use and the amazing customer service makes Essential ERM fantastic!
Banking Professional

Verified User in Banking

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies.
Jane G.

Sr. ERM Analyst

Easy to follow, easy to set up and intuitive workflow. The results show exactly what we want to know about current risks.
Deryck W.

Consulting Chief Financial Officer

I've found it easy to use, and good for both small and large organizations. Really great product design.
Financial Services

Verified User

Constant updates that are made available to users and how relatable it is to what I need on a daily basis.
Sandy S.

Sr. Risk Analyst

Enhanced my ability to do my job as a Risk Analyst. Product developers actually listen to their customers and follow through on suggested enhancements.
Andrew R.

Senior Manager, Enterprise Risk

Essential ERM understands what is needed to manage risk. Perfect for getting started with Risk Management and sustain your program going forward.
Management Consulting

Verified User

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. Super easy to use!
Samantha W.

Enterprise Risk and Audit Director

I love that I can bring strategy, risks, and implementation plans to one location and link them together for better management reporting.
Suleyman Y.

Manager, Finance and Risk

It makes me organize our company's risk register in a compelling and intuitive format
Sandy S.

Sr. Risk Analyst

Enhanced my ability to do my job as a Risk Analyst. Product developers actually listen to their customers and follow through on suggested enhancements.
Andrew R.

Senior Manager, Enterprise Risk

Essential ERM understands what is needed to manage risk. Perfect for getting started with Risk Management and sustain your program going forward.
Management Consulting

Verified User

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. Super easy to use!
Samantha W.

Enterprise Risk and Audit Director

I love that I can bring strategy, risks, and implementation plans to one location and link them together for better management reporting.
Suleyman Y.

Manager, Finance and Risk

It makes me organize our company's risk register in a compelling and intuitive format
Sandy S.

Sr. Risk Analyst

Enhanced my ability to do my job as a Risk Analyst. Product developers actually listen to their customers and follow through on suggested enhancements.
Andrew R.

Senior Manager, Enterprise Risk

Essential ERM understands what is needed to manage risk. Perfect for getting started with Risk Management and sustain your program going forward.
Management Consulting

Verified User

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. Super easy to use!
Samantha W.

Enterprise Risk and Audit Director

I love that I can bring strategy, risks, and implementation plans to one location and link them together for better management reporting.
Suleyman Y.

Manager, Finance and Risk

It makes me organize our company's risk register in a compelling and intuitive format
Sandy S.

Sr. Risk Analyst

Enhanced my ability to do my job as a Risk Analyst. Product developers actually listen to their customers and follow through on suggested enhancements.
Andrew R.

Senior Manager, Enterprise Risk

Essential ERM understands what is needed to manage risk. Perfect for getting started with Risk Management and sustain your program going forward.
Management Consulting

Verified User

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. Super easy to use!
Samantha W.

Enterprise Risk and Audit Director

I love that I can bring strategy, risks, and implementation plans to one location and link them together for better management reporting.
Suleyman Y.

Manager, Finance and Risk

It makes me organize our company's risk register in a compelling and intuitive format
Sohan A.

Senior Risk Advisor

User-friendly and intuitive nature of the system.
Airlines/Aviation

Verified User

Perfect risk management tool! Easy to use and scalable. No need for complicated configurations, ready to go 'out of the box'.
Pravin G.

Co-Founder

Very intuitive to use. The bow tie view when defining risk is great. It allows the easy creation of KPIs and KRIs.
Cihan Can M.

Risk & Internal Control Specialist

It includes every aspect of ERM. Very user-friendly and gives users the freedom to customize as they wish.
Sarah C.

Executive Director

Powerful tool for Strategic Risk Mapping. The tool is reliable, easy to navigate, and allows for a variety of filtering options.
Sohan A.

Senior Risk Advisor

User-friendly and intuitive nature of the system.
Airlines/Aviation

Verified User

Perfect risk management tool! Easy to use and scalable. No need for complicated configurations, ready to go 'out of the box'.
Pravin G.

Co-Founder

Very intuitive to use. The bow tie view when defining risk is great. It allows the easy creation of KPIs and KRIs.
Cihan Can M.

Risk & Internal Control Specialist

It includes every aspect of ERM. Very user-friendly and gives users the freedom to customize as they wish.
Sarah C.

Executive Director

Powerful tool for Strategic Risk Mapping. The tool is reliable, easy to navigate, and allows for a variety of filtering options.
Sohan A.

Senior Risk Advisor

User-friendly and intuitive nature of the system.
Airlines/Aviation

Verified User

Perfect risk management tool! Easy to use and scalable. No need for complicated configurations, ready to go 'out of the box'.
Pravin G.

Co-Founder

Very intuitive to use. The bow tie view when defining risk is great. It allows the easy creation of KPIs and KRIs.
Cihan Can M.

Risk & Internal Control Specialist

It includes every aspect of ERM. Very user-friendly and gives users the freedom to customize as they wish.
Sarah C.

Executive Director

Powerful tool for Strategic Risk Mapping. The tool is reliable, easy to navigate, and allows for a variety of filtering options.
Sohan A.

Senior Risk Advisor

User-friendly and intuitive nature of the system.
Airlines/Aviation

Verified User

Perfect risk management tool! Easy to use and scalable. No need for complicated configurations, ready to go 'out of the box'.
Pravin G.

Co-Founder

Very intuitive to use. The bow tie view when defining risk is great. It allows the easy creation of KPIs and KRIs.
Cihan Can M.

Risk & Internal Control Specialist

It includes every aspect of ERM. Very user-friendly and gives users the freedom to customize as they wish.
Sarah C.

Executive Director

Powerful tool for Strategic Risk Mapping. The tool is reliable, easy to navigate, and allows for a variety of filtering options.

Get Essential ERM Today

Start with Essential ERM as a standalone solution or add it to any of our platform plans. Flexible pricing designed to grow with your organization.

Essential ERM

Standalone enterprise risk management solution

Contact for pricing
  • Easy-to-use & flexible risk register
  • Risk heat maps & bow-tie analysis
  • Collaborative risk voting system
  • Key Risk Indicators (KRIs)
  • Risk assessment & approval workflows
  • Risk appetite framework
  • Interactive risk matrix & bow-tie tools
  • Executive risk reporting
  • Implementation in 2-6 weeks
Get Essential ERM

Add to Platform

Integrate with our full GRC platform

See all pricing options
  • All Essential ERM features
  • Full compliance management
  • Third-party risk management
  • ESG & Strategy modules available
  • Advanced integrations & API
  • Enterprise-grade security
View All Plans & Pricing

Not sure which option is right for you?

Book a Demo
Turn Risk Into Strategic Advantage
Join 100+ organizations using AI-powered GRC to reduce risk by 70%, accelerate compliance, and transform governance into competitive advantage. Get running in 1 day.
onG2 reviews platform
30 Days

Rapid Implementation

70%

Risk Reduction

100+

Organizations

Recognized by G2 as a Leader

Trusted by customers and rated highly across all categories

G2 Fastest Implementation - Enterprise Risk Management
G2 Easiest To Do Business With - Governance, Risk & Compliance
G2 Best Support Enterprise - Enterprise Risk Management
G2 Easiest To Use Mid-Market - Enterprise Risk Management
G2 High Performer - Enterprise Risk Management
G2 Most Implementable Mid-Market - Enterprise Risk Management
G2 Easiest Admin - Enterprise Risk Management
G2 High Performer - Governance, Risk & Compliance
G2 Best Meets Requirements Mid-Market - Enterprise Risk Management
G2 Easiest To Do Business With Mid-Market - Enterprise Risk Management
G2 Best Support - Enterprise Risk Management
G2 High Performer Mid-Market - Enterprise Risk Management
G2 Users Most Likely To Recommend Mid-Market - Enterprise Risk Management
G2 Easiest Setup Mid-Market - Enterprise Risk Management
G2 High Performer Enterprise - Enterprise Risk Management
G2 Best Support Mid-Market - Enterprise Risk Management
G2 Fastest Implementation Mid-Market - Enterprise Risk Management
G2 Easiest Admin Mid-Market - Enterprise Risk Management
G2 Best Meets Requirements - Enterprise Risk Management
G2 Easiest To Do Business With - Enterprise Risk Management
G2 Fastest Implementation - Enterprise Risk Management
G2 Easiest To Do Business With - Governance, Risk & Compliance
G2 Best Support Enterprise - Enterprise Risk Management
G2 Easiest To Use Mid-Market - Enterprise Risk Management
G2 High Performer - Enterprise Risk Management
G2 Most Implementable Mid-Market - Enterprise Risk Management
G2 Easiest Admin - Enterprise Risk Management
G2 High Performer - Governance, Risk & Compliance
G2 Best Meets Requirements Mid-Market - Enterprise Risk Management
G2 Easiest To Do Business With Mid-Market - Enterprise Risk Management
G2 Best Support - Enterprise Risk Management
G2 High Performer Mid-Market - Enterprise Risk Management
G2 Users Most Likely To Recommend Mid-Market - Enterprise Risk Management
G2 Easiest Setup Mid-Market - Enterprise Risk Management
G2 High Performer Enterprise - Enterprise Risk Management
G2 Best Support Mid-Market - Enterprise Risk Management
G2 Fastest Implementation Mid-Market - Enterprise Risk Management
G2 Easiest Admin Mid-Market - Enterprise Risk Management
G2 Best Meets Requirements - Enterprise Risk Management
G2 Easiest To Do Business With - Enterprise Risk Management