It is easy to use and encourages true understand of the risks so you can address the reason the risk exists, not just the consequence.

The software is flexible in meeting our needs and growing with us, as well as encouraging collaboration across our organization.

Ease of use, flexibility, cost, user interface, support team and the innovative mindset of the developers.

Easy to use and onboard my staff. Did not need a lot of education on how to technically use and navigate the software.

Reporting functionality needs to be developed more. KRI functionality missing.

Connects with what Risk Management needs. And as noted above - very easy to understand and access.

My overall expereiewnce has been excellent. The Executive and Design Team have bene highly repsonsive to our suggestions for platform enhancements.

Minor issue - Lack of printable /sharable risk event view (when needing to share outside of software, e.g. in a meeting).

Great team to work with and great tool. The whole process was a breeze, very supportive company.

Essential ERM implemented a solution and engaged more like a partner than a supplier.

It is a quality product that was easy to implement and teach to our BUs. Customer service is prompt and extremely helpful.

The software is harder to use if your organization has an established process or methodology, as the system has limited customization available.

Good easy to use Enterprise Riaks Management Application.

I can't say at this point I have any major dislikes of the software.

It's user-friendly, intuitive and thorough. Everything works as you should expect, and the risk process has a very good flow.

It allows both the risk function as well as the front line to understand the ERM framework and provide useful insights. Looking forward to the integration of voting coming soon.

Appreciate the functionality for risk velocity and other prioritization factors; helps focus our regular reviews. Vendor is open to feedback and enhancing the solution.

The customer service, particular from our Account Manager, has been excellent.

Big issue - If I have the same action repeated for several risks it shows up as different actions.

While Essential ERM does provide great training and support, the software is intuitive and easy to pick-up.

The support for Essential ERM has been extremely responsive to questions.

US Dollar

Essential ERM is a secure web-based Enterprise Risk Management system. Easy-to-use screens and innovative visual features engage business unit managers, executives and board members. Essential ERM is an excellent catalyst to launch new ERM programs or to quickly take existing programs to the next level of maturity.


Essential ERM allows users to conduct risk assessments and analysis with built-in risk bow-tie diagrams. Run risk workshops with visual bow tie screens. Model risk scenarios by linking root causes, pre & post event mitigations, risk events, and consequences.



LongDescription

Operational Risk Management

Activity Tracking

Legal Risk Management

Risk Assessment

Risk Analysis

Risk Reporting

Internal Controls Management

Reputational Risk Management

Mobile Access

Risk Scoring

Risk Alerts

Workflow Management

Alerts/Notifications

Reporting & Statistics

Predictive Analytics

IT Risk Management

Data Visualization

Reminders

Dashboard

Audit Management

Alerts/Escalation

Third-Party Integrations

Document Management

Customizable Reports

Assessment Management

Dashboard Creation

Customizable Templates

Real-Time Reporting

Reporting/Analytics

Incident Management

User Management

Approval Process Control

Role-Based Permissions

Visual Analytics

Activity Dashboard

Monitoring

Audit Trail

Configurable Workflow

Corrective and Preventive Actions (CAPA)

Contact Tracker Networks for detailed pricing information.

Email/Help Desk

FAQs/Forum

Knowledge Base

Phone Support

Chat

Self-Employed

2-10

11-50

51-200

201-500

501-1000

1000+

Essential ERM

In Person

Live Online

Documentation

Videos

Trullion leverages AI to automate ASC 842 and IFRS 16 workflows and gets you compliant in under 30 days. 

The Trullion platform relieves accounting teams from manual data abstraction using AI-enhanced technology to extract data from source documents such as Excel files and PDFs. With just the click of a button, the platform seamlessly performs lease analysis, simplifies journal entries, and creates a clear audit trail that’s accessible to both your internal team and external auditors. 

Trullion’s team of CPA experts will get you onboarded in no time, and once you get started, the support team is available to help with any request or need.

Some of Trullion's features and benefits include:

- AI-Powered Data Extraction: Automatically extract key data points directly from PDF contracts and Excel.
- Automated Bulk Upload: Upload any bulk of contracts, payment streams, payments, and currencies within seconds.
- Unlimited Modifications Support: Perform any number of modifications per contract. Automatic detection and re-analysis of the contract and payments.
- ERP Entries & Dynamic Reporting: Generate ERP-ready journal entries, full disclosure reports, and other financial reports.
- Intuitive, Easy to Use UI: Navigate seamlessly through our modern, clean, and easy-to-use interface, built specifically for financial leaders.
- SOC 1 & SOC 2 Audited: Backed by SOC reports by Big 4 audit firms and stored in the most secure cloud environment.

Forecasting

Document Storage

General Ledger

Financial Analysis

Contract/License Management

Ad hoc Reporting

Financial Management

Transaction History

Cash Flow Management

Customizable Fields

Capitalization Reporting

Data Import/Export

Accounting

Multi-Location

Contact Management

Multi-Currency

Fixed Asset Management

Compliance Management

Amortization Schedule

Budgeting/Forecasting

Currency Conversion

For Real Estate

Accounting Integration

Real Time Reporting

Asset Lifecycle Management

Payment Tracking

For Equipment Leases

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Starting price of $3,000/year. Please contact Trullion directly for additional information.

Essential ERM vs Trullion

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