Ideagen Risk Management 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

Ideagen Risk Management

4.4

(5)

Pricing

Pricing available upon request

About Ideagen Risk Management

What does Ideagen Risk Management do?

Ideagen Risk Management is a complete system for reporting, monitoring and reporting risks. It is cloud-native software that is built for purpose. The user experience is designed to be simple and intuitive so that every-day and even casual users can get their jobs done with no friction.

Companies that use Ideagen Risk Management are able to demonstrate compliance with ISO 31000 because it gives them a way to directly connect risks to specific objects.

Who is Ideagen Risk Management for?

The system is suitable for companies of all sizes and all industries. Wherever you operate, it helps you comply with all the standards that govern your business, including financial, ESG and COSO. It supports a range of roles:

• Risk team leaders who oversee the status of projects and resources
• Risk analysts who monitor risks and trends across the organization
• Occasional users who only need to access the software to find or enter specific information

How easy is it to get started?

Ideagen Risk Management is designed to be rolled out easily, and new accounts can be up and running in less than a week. Your Account Manager at Ideagen w...

ill work with you to understand your success measures and will help you see a return on investment very quickly. The system is accessed online and works on any device. Can I make it match the structure of my organization? You can easily set up the system to reflect your company’s structure of locations and processes. You can add as many locations, entities, departments and clients as needed. How will Ideagen Risk Management save me time? You’ll spend less time managing systems and more time on the work that’s business-critical: • Re-usable content: The library of Objectives, Risks, Controls and Tests stores centralized content that can be applied and re-used anywhere in the system. • Prompts and alerts: Automated prompts and alerts keep all projects running on time. Automation also means you spend less time chasing people for their input and follow-up actions. • Faster system: Find what you need and get things done with very few clicks between screens. Every button does what you think it’s going to do – it’s very quick easy to work through the system because everything is so well connected. • Better tracking: Managers and their teams can easily see the status of all projects thanks to tracker dashboards for key dates and workflows. How easy is it to set up my heat maps and matrices? There are many ways to configure risk and control matrices to your own processes using customisable fields – this flexibility is a stand-out feature of Ideagen Risk Management. All pre-configured risk matrices will be available in your central library. You can also create new matrices when needed. A simple ‘wizard’ approach makes it easy to design a new matrix, or to edit an existing matrix. No special skills are required. Scoring can be based on a likelihood vs. impact scale, or scores can be applied to each segment individually. Multiple impact perspectives and score rating bandings can be applied. Can I use Ideagen Risk Management to monitor any type of risk? Yes. The system is flexible enough to monitor and report on any type of risk, including those associated with ESG, Third Party and Cyber Security. These can be monitored and reported using live dashboards and reporting templates. Will it integrate with other software I use? Yes. An Application Programming Interface allows the system to integrate with other software your business uses. This allows you to view data across multiple applications for different purposes such as: reporting and dashboarding, logging new feedback items, or performance tracking. For customers that use both Ideagen Risk Management and Ideagen Internal Audit, all the functionality is in one software environment. This means that you don’t need to integrate different modules or platforms.

Ideagen Risk Management Screenshots

Ideagen Risk Management Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Basic

Pricing available upon request

No plan information available

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Ideagen Risk Management Features

Popular features found in Risk Management
Alerts/Notifications
Audit Management
Compliance Management
Corrective and Preventive Actions (CAPA)
Document Management
Incident Management
Internal Controls Management
Mobile Access
Response Management
Risk Analysis
Risk Scoring
Scenario Planning
More features of Ideagen Risk Management
Access Controls/Permissions
Activity Dashboard
Activity Planning
Activity Tracking
Ad hoc Reporting
API
Approval Process Control
Archiving & Retention
Assessment Management
Attestation
Audit Trail
Benchmarking
BSA Compliance
Budgeting/Forecasting
Business Process Control
Content Management
Controls Audit
Customizable Reports
Customizable Templates
Dashboard
Dashboard Creation
Data Extraction
Data Import/Export
Data Integration
Data Management
Data Visualization
Disaster Recovery
Document Review
Document Storage
Email Alerts
Enterprise Risk Management
Event Logs
Exceptions Management
Financial Management
Financial Risk Reporting
Forms Management
Fraud Detection
Goal Setting/Tracking
Incident Reporting
Investigation Management
Issue Management
IT Incident Management
IT Risk Management
Key Performance Indicators
KPI Monitoring
KRI (Key Risk Indicator) Monitoring
Legal Risk Management
Lifecycle Management
Monitoring
Operational Risk Management
Performance Metrics
Policy Creation
Policy Library
Policy Management
Policy Metadata Management
Progress Tracking
Real-Time Monitoring
Real-Time Notifications
Real-Time Reporting
Reminders
Reporting/Analytics
Reporting & Statistics
Risk Alerts
Risk Assessment
Risk Reporting
Role-Based Permissions
Safety Incident Management
Safety Management
Scorecards
Search/Filter
Secure Data Storage
Self Service Data Preparation
Self Service Portal
Single Sign On
Status Tracking
Strategic Planning
Task Management
Third-Party Integrations
Trend Analysis
Trend/Problem Indicators
Vendor Management
Visual Analytics
Workflow Management

Ideagen Risk Management User Reviews

Overall Rating

4.4

Ratings Breakdown

40%

60%

Secondary Ratings

Ease of Use

3.6

Value for money

5.0

Customer support

3.5

Functionality

4.2

Have you used Ideagen Risk Management and would like to share your experience with others?

Emily M.

Verified reviewer

Non-Profit Organization Management

201-500 employees

Used daily for more than 2 years

Review source

Reviewed June 2023

Good front end poor back end!

Keeping control of risks is simple and easy as is managing internal audit actions and performance

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The main area for updating risks , performance and actions is really easy to use. It is a great business management tool. It provides instant oversight of where varying activities are across the business.

Cons:

How you build reports and dashboards is really difficult it is not intuitive at all.

Rachel B.

Verified reviewer

Civic & Social Organization

501-1000 employees

Used daily for more than 2 years

Review source

Reviewed July 2023

3 Lines of Defense

Helps with oversight of risks and actions from the top down.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to use product and they supported us to move our risks over to 3 LoD model and training.

Cons:

That everything hasn't moved over to the browser version so you have to swap between applications as admin.

Reasons for choosing Ideagen Risk Management

Support and cost when implementing the system

Richard S.

Verified reviewer

Financial Services

51-200 employees

Used daily for less than 12 months

Review source

Reviewed July 2023

Ideagen

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Friendly staff and good initial integration, easy to use, good MI.

Cons:

Simon T.

Verified reviewer

Government Administration

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed July 2023

Performance Management

Exceptional customer service and a very high quality system which enables us to keep on top of all things performance.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Somerset Council uses Ideagen Risk Management for performance management first and foremost. Actions and PIs are key to the monitoring and reporting and work very well.

Cons:

Currently, the need to set up reports in the Classic version is a little "clunky", but I understand this is soon to be fixed so that all can be done within the Browser version.

Michael G.

Verified reviewer

Accounting

10000+ employees

Used other for more than 2 years

Review source

Reviewed October 2019

Assigns ownership

Ratings Breakdown

Ease of use

Functionality

Pros:

Can track and monitor your whole risk register for the business on this and allows ownership of controls to be assigned across the business, which gives accountability for updates on risk management.

Cons:

It can be difficult to navigate from the beginning.

Showing 1 - 5 of 5 Reviews