--- title: "Best ERM Software - 2026 Reviews & Pricing" description: "Find the best ERM Software for your organization. Compare top ERM Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/risk-management/erm-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / ERM Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best ERM Software of 2026 Updated November 8, 2026 On this page 1. Popular Comparisons 2. Buyers Guide 3. Related Software Filter products 104 results ### Compare Products Showing 1 - 25 of 104 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### [Resolver](/pci-compliance/grc-cloud-profile/) - Overall rating: 4.4/5 - Reviews: 80 - Starting price: $10,000.00/year - Free trial: Not available - Free demo: Not available #### Overview Resolver’s risk management software is a cloud-based solution for midsize to larger enterprises that serves customers across a variety of industries and business needs. These [Read more](/pci-compliance/grc-cloud-profile/) #### Features ##### Best rated features - Search/Filter: 5/5 - Alarm Management: 5/5 - Event Management: 5/5 - Reporting & Statistics: 5/5 ##### Worst rated features - Change Management: 1/5 - Internal Controls Management: 2/5 [See all features](/pci-compliance/grc-cloud-profile/#key-features) --- ### [VelocityEHS | EHS Software to Outpace Risk](/compliance/velocityehs-profile/) - Overall rating: 4.5/5 - Reviews: 166 - Best for: Value for money - Free trial: Available - Free demo: Not available #### Overview VelocityEHS is different. We’re not just a software company, we’re expert problem solvers who know how to simplify complex issues to deliver exceptional outcomes. Whether you’re a [Read more](/compliance/velocityehs-profile/) #### Features ##### Best rated features - Collaboration Tools: 5/5 - Real-Time Reporting: 5/5 - OSHA Recordkeeping: 4.8/5 - Inspection Management: 4.8/5 ##### Worst rated features - Monitoring: 3.8/5 - Dashboard: 4/5 - Real-Time Monitoring: 4/5 [See all features](/compliance/velocityehs-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/compliance/velocityehs-profile/#pricing-and-plans) --- ### [NAVEX IRM](/product/76152-Navex-IRM/) - Overall rating: 4.7/5 - Reviews: 20 - Starting price: $2,600.00/month - Free trial: Not available - Free demo: Not available #### Overview Recognized as a Leader in the Gartner® Magic Quadrant for both IT Risk Management and IT Vendor Risk Management, NAVEX IRM brings visibility to risks frequently managed in [Read more](/product/76152-Navex-IRM/) --- ### [Ncontracts](/risk-management/ncontracts-profile/) - Overall rating: 4.6/5 - Reviews: 155 - Best for: Customer support - Free trial: Not available - Free demo: Not available #### Overview Ncontracts is a risk management solution designed for banks, credit unions and other financial institutions. It provides an integrated risk management platform that continuously [Read more](/risk-management/ncontracts-profile/) #### Features ##### Best rated features - Incident Management: 5/5 - Real-Time Reporting: 5/5 - Disaster Recovery: 5/5 - Internal Controls Management: 5/5 [See all features](/risk-management/ncontracts-profile/#key-features) --- ### [Sprinto](/compliance/sprinto-profile/) - Overall rating: 4.7/5 - Reviews: 86 - Free trial: Available - Free demo: Not available #### Overview Sprinto is the world's first Autonomous Trust Platform, helping companies from Series A to enterprise run and scale security, compliance, and risk. It detects change across your [Read more](/compliance/sprinto-profile/) #### Features ##### Best rated features - Operational Risk Management: 5/5 - Approval Process Control: 5/5 - HIPAA Compliant: 5/5 - Assessment Management: 5/5 ##### Worst rated features - Real-Time Data: 3/5 - Version Control: 4/5 [See all features](/compliance/sprinto-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/compliance/sprinto-profile/#pricing-and-plans) --- ### [Onspring](/bpm/onspring-profile/) - Overall rating: 4.8/5 - Reviews: 105 - Best for: Value for money - Free trial: Not available - Free demo: Not available #### Overview Onspring is a cloud-based governance, risk and compliance (GRC) platform that helps streamline business processes and enhance efficiency across various industries. The platform [Read more](/bpm/onspring-profile/) #### Features ##### Best rated features - Policy Creation: 5/5 - Incident Reporting: 5/5 - KRI (Key Risk Indicator) Monitoring: 5/5 - PCI Compliance: 5/5 [See all features](/bpm/onspring-profile/#key-features) --- ### [Hyperproof](/risk-management/hyperproof-profile/) - Overall rating: 4.8/5 - Reviews: 117 - Starting price: $12,000.00/year - Best for: Ease of use - Free trial: Not available - Free demo: Not available #### Overview Hyperproof is an AI-powered governance, risk, and compliance platform designed to streamline GRC operations. It is used by organizations in industries such as healthcare, [Read more](/risk-management/hyperproof-profile/) #### Features ##### Best rated features - Documentation Management: 5/5 - Activity Dashboard: 5/5 - Assessment Management: 5/5 - Alerts/Notifications: 5/5 ##### Worst rated features - HIPAA Compliant: 1/5 - Customizable Reports: 4.0/5 [See all features](/risk-management/hyperproof-profile/#key-features) --- ### [C1Risk](/hipaa-compliance/cyberone-profile/) - Overall rating: 4.9/5 - Reviews: 23 - Starting price: $6,500.00/year - Free trial: Available - Free demo: Not available #### Overview Founded in 2015, C1Risk is a privately held, woman, minority-owned technology company headquartered in Silicon Valley. The 1Risk platform is a cloud-based SaaS, single, integrated, [Read more](/hipaa-compliance/cyberone-profile/) #### Features ##### Best rated features - Audit Trail: 5/5 - Audit Management: 5/5 - Exceptions Management: 5/5 - Mobile Access: 5/5 ##### Worst rated features - Incident Management: 3/5 - Policy Metadata Management: 4/5 - Asset Tracking: 4/5 [See all features](/hipaa-compliance/cyberone-profile/#key-features) #### Pricing ##### Basic - Price: $6,500.00/year [See full pricing details](/hipaa-compliance/cyberone-profile/#pricing-and-plans) --- ### [GOAT Risk](/risk-management/goatrisksolutions-profile/) - Overall rating: 4.7/5 - Reviews: 75 - Starting price: £300.00/year - Free trial: Not available - Free demo: Not available #### Overview GOAT Risk is a cloud-based risk management platform designed for identifying, capturing, assigning, escalating, controlling and reporting on risks. The platform is suitable for [Read more](/risk-management/goatrisksolutions-profile/) #### Features ##### Best rated features - Access Controls/Permissions: 5/5 - Prioritization: 5/5 - Performance Metrics: 5/5 - IT Risk Management: 5/5 [See all features](/risk-management/goatrisksolutions-profile/#key-features) --- ### [Safesite](/audit/safesite-profile/) - Overall rating: 4.7/5 - Reviews: 74 - Starting price: $20.00/month - Free trial: Available - Free demo: Not available #### Overview Safesite is a cloud-based software that helps construction and real estate businesses design and conduct inspections and audits to record safety issues and ensure a secure [Read more](/audit/safesite-profile/) #### Pricing ##### Basic - Price: $20.00/month [See full pricing details](/audit/safesite-profile/#pricing-and-plans) --- ### [Novara Flex](/product/121855-NovaraFlex/) - Overall rating: 4.8/5 - Reviews: 130 - Best for: Features - Free trial: Available - Free demo: Not available #### Overview Novara Flex is cloud-based EHS (Environmental, Health & Safety) and operational risk management software for mid-market and SMB companies in regulated, hazardous industries, such [Read more](/product/121855-NovaraFlex/) #### Features ##### Best rated features - SCORM Compliance: 5/5 - Social Learning: 5/5 - Mobile Learning: 5/5 - Mobile Access: 5/5 [See all features](/product/121855-NovaraFlex/#key-features) #### Pricing ##### Pricing - Price: Custom - Pricing available upon request - Pricing is based on number of users who will need access to the software. - with additional fess for [See full pricing details](/product/121855-NovaraFlex/#pricing-and-plans) --- ### [PrivIQ](/compliance/gdpr365-profile/) - Overall rating: 5/5 - Reviews: 9 - Starting price: €200.00/month - Free trial: Not available - Free demo: Not available #### Overview GDPR365 is a compliance management solution that helps small to midsize businesses assign tasks, monitor progress and share documents, among other operations on a centralized [Read more](/compliance/gdpr365-profile/) #### Features ##### Best rated features - Search/Filter: 5/5 - Policy Management: 5/5 - Data Mapping: 5/5 - Monitoring: 5/5 ##### Worst rated features - Customizable Reports: 1/5 - PIA/DPIA: 3/5 - Audit Trail: 4/5 - Reporting & Statistics: 4/5 [See all features](/compliance/gdpr365-profile/#key-features) --- ### [Essential ERM](/risk-management/essential-erm-profile/) - Overall rating: 4.7/5 - Reviews: 26 - Starting price: $299.00/month - Free trial: Available - Free demo: Not available #### Overview Essential ERM is enterprise risk management software designed to support risk assessment, compliance tracking, and strategic planning. It is used by organizations across industries [Read more](/risk-management/essential-erm-profile/) #### Features ##### Best rated features - Incident Management: 5/5 - Risk Management: 5/5 - Operational Risk Management: 5/5 - Risk Analysis: 5/5 ##### Worst rated features - Mobile Access: 3/5 [See all features](/risk-management/essential-erm-profile/#key-features) #### Pricing ##### Starter - Price: $299.00/month ##### Teams - Price: Custom - Pricing available upon request ##### Enterprise - Price: Custom - Pricing available upon request [See full pricing details](/risk-management/essential-erm-profile/#pricing-and-plans) --- ### [Optro](/risk-management/soxhub-profile/) - Overall rating: 4.7/5 - Reviews: 416 - Best for: Enterprise businesses - Free trial: Not available - Free demo: Not available #### Overview Optro, formerly AuditBoard, is the GRC Intelligence Platform for enterprise audit, risk, and compliance teams. It combines a trusted system of record with an agentic system of [Read more](/risk-management/soxhub-profile/) #### Features ##### Best rated features - Audit Trail: 4.7/5 - Dashboard: 4.5/5 - Audit Planning: 4.4/5 - Third-Party Integrations: 4.2/5 ##### Worst rated features - Mobile Access: 3.9/5 - Checklists: 4/5 - Customizable Templates: 4/5 [See all features](/risk-management/soxhub-profile/#key-features) --- ### [ZEBSOFT](/risk-management/zebsoft-profile/) - Overall rating: 5/5 - Reviews: 4 - Starting price: £1,000.00/year - Free trial: Available - Free demo: Not available #### Overview ZEBSOFT is a cloud-based governance, risk management, and compliance (GRC) solution designed to help businesses streamline processes related to auditing, equipment maintenance, [Read more](/risk-management/zebsoft-profile/) #### Pricing ##### Foundation Shield (Annual) - Price: £6,000.00/year - Foundation Shield is licensed annually at organisation level and starts from £6,000 per year. The ##### Growth Shield (Modules Add-On) - Price: £1,000.00/year - Growth Shield allows organisations to extend the Foundation Shield by adding additional compliance ##### Third-Party Portals (Add-On) - Price: £1,200.00/year - Third-Party Portals provide controlled access for external users such as suppliers, customers and [See full pricing details](/risk-management/zebsoft-profile/#pricing-and-plans) --- ### [ecoPortal](/ehs/ecoportal-profile/) - Overall rating: 4.6/5 - Reviews: 53 - Free trial: Available - Free demo: Not available #### Overview ecoPortal is your long-term partner in building safer, healthier workplaces. Our health and safety management platform encourages worker engagement, making it easy for everyone in [Read more](/ehs/ecoportal-profile/) #### Features ##### Best rated features - Version Control: 5/5 - ISO Compliance: 5/5 - Environmental Compliance: 5/5 - Compliance Management: 4.9/5 ##### Worst rated features - Risk Scoring: 3/5 - Dashboard: 3/5 - Reporting/Analytics: 3/5 [See all features](/ehs/ecoportal-profile/#key-features) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/ehs/ecoportal-profile/#pricing-and-plans) --- ### [Emex EHS & ESG Software](/audit/emex-profile/) - Overall rating: 4.7/5 - Reviews: 11 - Free trial: Available - Free demo: Not available #### Overview Our industry-leading end-to-end solutions for ESG and EHS data reporting is designed to help businesses translate their ambitions into action, providing the tools you need to make [Read more](/audit/emex-profile/) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/audit/emex-profile/#pricing-and-plans) --- ### [Risk Cognizance GRC](/product/522829-Risk-Cognizance-GRC/) - Overall rating: 5/5 - Reviews: 3 - Free trial: Not available - Free demo: Not available #### Overview Risk Cognizance is a cloud-based GRC software platform. It can help businesses of all sizes improve their cybersecurity and compliance. The platform uses artificial intelligence to [Read more](/product/522829-Risk-Cognizance-GRC/) #### Features ##### Best rated features - Configurable Workflow: 5/5 - Risk Management: 4.5/5 - Compliance Management: 4.5/5 - Reporting & Statistics: 4/5 ##### Worst rated features - User Management: 3/5 - Single Sign On: 4/5 - Data Import/Export: 4/5 - Assessment Management: 4/5 [See all features](/product/522829-Risk-Cognizance-GRC/#key-features) --- ### [TeamMate Risk & Compliance](/product/163888-teammate-risk-compliance/) - Overall rating: 4.6/5 - Reviews: 39 - Starting price: $0.01 - Free trial: Not available - Free demo: Not available #### Overview TeamMate Risk & Compliance is the all-in-one GRC platform that unifies governance, risk, and compliance into a single, connected system. Built on a common controls model, it [Read more](/product/163888-teammate-risk-compliance/) #### Features ##### Best rated features - Remediation Management: 5/5 - Assessment Management: 5/5 - Access Controls/Permissions: 5/5 - Version Control: 5/5 [See all features](/product/163888-teammate-risk-compliance/#key-features) --- ### [Quantivate GRC Software Suite](/risk-management/quantivate-profile/) - Overall rating: 5/5 - Reviews: 1 - Free trial: Available - Free demo: Not available #### Overview Quantivate is a web-based solution, which assists banks, credit unions, insurance, manufacturing and retail businesses with risk assessment and compliance management. Key features [Read more](/risk-management/quantivate-profile/) #### Pricing ##### Basic - Price: Custom - Pricing available upon request [See full pricing details](/risk-management/quantivate-profile/#pricing-and-plans) --- ### [Auditrunner](/capa/auditrunner-profile/) - Overall rating: 4.6/5 - Reviews: 16 - Starting price: $800.00/month - Free trial: Available - Free demo: Not available #### Overview Auditrunner is an on-prem and cloud-based low-code platform that assists businesses with creating complex applications to automate and digitize business processes for compliance, [Read more](/capa/auditrunner-profile/) #### Features ##### Best rated features - Workflow Management: 5/5 - Customizable Reports: 5/5 - Surveys & Feedback: 5/5 - Audit Trail: 5/5 ##### Worst rated features - Risk Scoring: 3.7/5 - Audit Planning: 4/5 - Incident Management: 4/5 - Issue Management: 4/5 [See all features](/capa/auditrunner-profile/#key-features) #### Pricing ##### Basic - Price: $800.00/month [See full pricing details](/capa/auditrunner-profile/#pricing-and-plans) --- ### [DoubleCheck](/scm/doublecheck-profile/) - Overall rating: 4.5/5 - Reviews: 2 - Starting price: $5,000.00/year - Free trial: Available - Free demo: Not available #### Overview DoubleCheck is a cloud-based audit management solution designed for large businesses across multiple industries. It offers tools for audit planning, work paper, evidence [Read more](/scm/doublecheck-profile/) #### Pricing ##### Basic - Price: $5,000.00/year [See full pricing details](/scm/doublecheck-profile/#pricing-and-plans) --- ### [Pirani](/risk-management/pirani-riskment-suite-profile/) - Overall rating: 4.5/5 - Reviews: 225 - Starting price: $276.00/month - Best for: Mid-size businesses - Free trial: Available - Free demo: Not available #### Overview Pirani is an all-in-one risk and compliance management platform that helps organizations control, govern, and ensure compliance across corporate processes. With Pirani, teams can [Read more](/risk-management/pirani-riskment-suite-profile/) #### Features ##### Best rated features - Monitoring: 5/5 - Incident Reporting: 5/5 - Operational Risk Management: 5/5 - Issue Management: 5/5 ##### Worst rated features - User Management: 1/5 - Exceptions Management: 3/5 - Risk Alerts: 3/5 [See all features](/risk-management/pirani-riskment-suite-profile/#key-features) #### Pricing ##### Starter - Price: $276.00/month [See full pricing details](/risk-management/pirani-riskment-suite-profile/#pricing-and-plans) --- ### [LogicGate](/compliance/logicgate-profile/) - Overall rating: 4.7/5 - Reviews: 83 - Free trial: Not available - Free demo: Not available #### Overview LogicGate is a cloud-based governance, risk, and compliance (GRC) platform built for enterprise organizations across financial services, insurance, healthcare, retail, technology, [Read more](/compliance/logicgate-profile/) #### Features ##### Best rated features - Workflow Automation: 5/5 - Alerts/Notifications: 5/5 - Policy Library: 5/5 - Controls Audit: 5/5 [See all features](/compliance/logicgate-profile/#key-features) --- ### [SureCloud](/scm/surecloud-gdpr-suite-profile/) - Overall rating: 4/5 - Reviews: 1 - Free trial: Not available - Free demo: Not available #### Overview SureCloud is a provider of cloud-based Integrated GRC (Governance, Risk & Compliance) products and Cybersecurity services. Its solutions help organizations manage risk, achieve [Read more](/scm/surecloud-gdpr-suite-profile/) #### Features ##### Best rated features - Risk Reporting: 4/5 - Access Controls/Permissions: 4/5 - Risk Assessment: 4/5 [See all features](/scm/surecloud-gdpr-suite-profile/#key-features) --- 1 [2](https://www.softwareadvice.com/risk-management/erm-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/risk-management/erm-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/risk-management/erm-comparison/?__ai_markdown=true&page=4)[5](https://www.softwareadvice.com/risk-management/erm-comparison/?__ai_markdown=true&page=5) ## Popular Comparisons [ Hyperproof vs Optro ](https://www.softwareadvice.com/risk-management/hyperproof-profile/vs/soxhub/)[ Onspring vs Pirani ](https://www.softwareadvice.com/bpm/onspring-profile/vs/pirani-riskment-suite/)[ Novara Flex vs VelocityEHS | EHS Software to Outpace Risk ](https://www.softwareadvice.com/compare/121855-NovaraFlex/vs/160087-velocityehs/)[ Resolver vs Ncontracts ](https://www.softwareadvice.com/pci-compliance/grc-cloud-profile/vs/ncontracts/)[ MasterControl Quality Excellence vs Sprinto ](https://www.softwareadvice.com/manufacturing/mastercontrol-profile/vs/sprinto/)[ TeamMate Risk & Compliance vs LogicGate ](https://www.softwareadvice.com/compare/35162-logicgate/vs/163888-teammate-risk-compliance/)[ GOAT Risk vs Fusion Framework System ](https://www.softwareadvice.com/scm/fusion-framework-system-profile/vs/goatrisksolutions/) Risks are an inherent part of every business, and they come in several forms. While some risks like natural calamities and accidents cannot be foreseen, others such as financial, strategic, and operational risks can be managed and mitigated using the proper risk management framework. [36% of businesses](https://erm.ncsu.edu/az/erm/i/chan/library/2018_Current_Report_on_State_of_Risk_Oversight.pdf) either don’t have a structured process for identifying and reporting top risk exposures to their board, or they track risks in silos with minimal reporting of aggregate risk exposures. Such businesses can use enterprise risk management (ERM) software to monitor their daily activities, identify risks, and build risk management strategies that safeguard against both internal and external business risks. But choosing an ERM tool with the right features is a complex task. To help you, we’ve created this buyers guide that has all the information needed to evaluate the options available for your business. Here's what we'll cover: - [What is ERM software?](#WhatisERMsoftware) - [Common features of ERM software](#CommonfeaturesofERMsoftware) - [What type of buyer are you?](#Whattypeofbuyerareyou) - [Benefits of ERM software](#BenefitsofERMsoftware) - [Considerations when choosing ERM software](#ConsiderationswhenchoosingERMsoftware) ## What is ERM software? ERM software is cloud-based software that helps businesses identify and monitor financial, strategic, and operational risks. It assists in mitigating the impact of risks on organizations’ earnings and operations. ERM software alerts businesses about potential risks to prevent losses and subsequent business failure. Companies can analyze these alerts and thereafter use the findings to frame relevant risk management policies, avoid risk-prone processes, and eliminate the chances of exposure to familiar risks. Risk trends graph in [Essential ERM](https://www.softwareadvice.com/risk-management/essential-erm-profile/) ([Source](https://www.softwareadvice.com/risk-management/essential-erm-profile/) ## Common features of ERM software Identifying the common features of ERM software will help you select a solution that offers the highest level of risk protection for your business. Here are some key features that you should look for in an ERM tool. | Feature | Description | | --- | --- | | Entity management | Manage, store, and track organizational documents and records to analyze and mitigate risks across processes. | | Risk mitigation tracking | Build a repository of mitigation activities, controls, and procedures to detect risk-prone operational areas and resources. Assess these resources and operational areas to spot process gaps. | | Compliance management | Receive automated reminders for deadlines, maintain a record of each change or action with the help of an automatic logging system, and track compliance requirements by jurisdiction/geography. | | Reporting | Create interactive reports using data visualization tools, such as graphs. | | Incident management | Report security breaches and fraudulent activities, manage escalations, track investigations, analyze resolutions, and generate insightful reports. | --- ## What type of buyer are you? Based on the type of risk management required, there are two categories of ERM software buyers: businesses that want only compliance risk management software and business that want a complete risk management solution. Let's dive into both of these. - **Buyers that need only compliance risk management:** Regulatory compliance is mandated by law, and many companies need assistance with managing business risks specific to compliance management. ERM software dedicated to compliance risk management helps companies mitigate compliance-related risks. It uses data extracted from systems to provide business intelligence on processes and areas that are prone to being noncompliant. This type of software assists businesses in eliminating risks caused on account of compliance violations. - **Buyers that need complete risk management:** Besides compliance risks, businesses also need help with managing various types of internal and external risks. Internal risks are risks that arise during the normal course of business operations, while external risks can be attributed to factors beyond management’s control. A complete risk management solution offers protection against both internal and external risks. It identifies risks, analyzes the probability of these risks affecting business operations, and provides the data needed to build efficient risk mitigation strategies. ## Benefits of ERM software Understanding the benefits of ERM software will help you assess why your business needs this software and build a strong business case for an investment. Following are the key benefits of ERM software: - **Enhanced risk forecasting:** ERM software alerts businesses to potential threats and gives them ample time to analyze and mitigate threat situations. As a result, businesses are more aware of the threats facing their operations and can use these alerts to respond immediately or frame risk mitigation strategies to tackle future threat situations. - **Improved decision making:** ERM software is often linked to a project management dashboard that’s equipped with real-time data. Analysis of this data empowers businesses with the capability to make smarter business decisions and avoid processes that are more prone to risks. - **Timely escalation of matters:** ERM software streamlines the risk management process and ensures that threats are escalated on time to the concerned personnel, who then devise a mitigation plan. The software analyzes risks in real time and sends immediate alerts when it detects a threat. ## Considerations when choosing ERM software Before zeroing in on an ERM tool, you should vet all available options and also consider the impact the tool’s implementation will have on your future workflows. Here are a few key considerations that you must keep in mind to maximize return on investments (ROI) from software purchase: - **Analyze your existing risk management processes:** The best practice approach to buying ERM software is to first evaluate your current risk management stance. Analyze the effectiveness of your existing ERM processes and discuss the pain points faced by the security team. Once you’ve identified the pain points, choose an ERM solution that’s capable of effectively resolving these concerns. - **Availability as a mobile application:** Considering risks can arise at any time, your preferred ERM software should be available on mobile devices in the form of an app. A mobile app will help reduce desktop dependence, offer a 360-degree view of risk situations, provide anytime access to risk analyses, and ensure that you receive threat alerts while you’re on the go. - **Integration capability:** The ERM solution you wish to purchase should integrate well with your existing business applications. The integration capability will ensure that your ERM software has seamless access to business, financial, and strategic data that needs to be analyzed for potential risks and threats. ### Related ERM Software - [Accreditation Management Software](https://www.softwareadvice.com/accreditation-management/) - [Company Secretarial Software](https://www.softwareadvice.com/company-secretarial/) - [Compliance Software](https://www.softwareadvice.com/compliance/) - [GDPR Compliance Software](https://www.softwareadvice.com/risk-management/gdpr-comparison/) - [Governance, Risk and Compliance (GRC) Software](https://www.softwareadvice.com/risk-management/grc-comparison/) - [HIPAA Compliance Software](https://www.softwareadvice.com/hipaa-compliance/) - [PCI Compliance Software](https://www.softwareadvice.com/pci-compliance/) - [Policy Management Software](https://www.softwareadvice.com/policy-management/) - [Risk Management Software](https://www.softwareadvice.com/risk-management/)