# Essential ERM Software Reviews, Demo & Pricing - 2026 > Review of Essential ERM Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/risk-management/essential-erm-profile --- [Home](https://www.softwareadvice.com/) / [Risk Management Software](https://www.softwareadvice.com/risk-management/) / Essential ERM 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. Overview [Reviews](https://www.softwareadvice.com/risk-management/essential-erm-profile/reviews/)[Alternatives](https://www.softwareadvice.com/risk-management/essential-erm-profile/alternatives/) # Essential ERM 2026: Benefits, Features & Pricing Wondering if Essential ERM is right for your organization? Our Risk Management Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - Integrations - User Reviews - Popular Comparisons ## Overview Essential ERM 4.7 [(26)](https://www.softwareadvice.com/risk-management/essential-erm-profile/reviews/) Pricing Starting at $299.00 per month ### About Essential ERM Essential ERM is enterprise risk management software designed to support risk assessment, compliance tracking, and strategic planning. It is used by organizations across industries such as financial services, healthcare, manufacturing, education, energy, public sector, and non-profits. The platform is suitable for small teams and large-scale operations, serving risk managers, business users, and executives. The software includes tools for building risk registers and conducting evaluations with automated workflows. Bow tie diagrams provide visual analysis of risk scenarios, and an automated risk voting system allows stakeholders to contribute to risk identification from any device. Operational risk management features connect enterprise risk with operational concerns through RCSA automation, action plans, and incident management. The platform generates detailed risk reports to help organizations identify trends and develop insights for risk reduction. Essential ERM supports ISO 31000 and COSO frameworks to apply established risk management methodologies. It links risk to strategy through planning and execution features, simplifying processes for risk managers. Environmental, socia... l, and governance risk management capabilities are integrated to address sustainability concerns. AI automation enhances efficiency, and the system is designed to be accessible for business users. Flexible organizational modeling ensures users access information relevant to their roles. Wondering if Essential ERM is right for your organization? Our Risk Management Software selection experts can help you in 15 minutes or less. ## Essential ERM User Interface ## Popular Essential ERM Alternatives Main Product Essential ERM 4.7 [(26)](https://www.softwareadvice.com/risk-management/essential-erm-profile/reviews/) Ratings Breakdown - 4.85Ease of use - 4.88Value for money - 4.92Customer support - 4.54Functionality Pricing Starting at $299.00 per month Get Price Alternative Product [GOAT Risk](https://www.softwareadvice.com/risk-management/goatrisksolutions-profile/) 4.7 [(65)](https://www.softwareadvice.com/risk-management/goatrisksolutions-profile/reviews/) Ratings Breakdown - 4.85Ease of use - 4.90Value for money - 4.97Customer support - 4.38Functionality Pricing Starting at £300.00 per year Get Price Alternative Product [AuditBoard](https://www.softwareadvice.com/risk-management/soxhub-profile/) 4.7 [(414)](https://www.softwareadvice.com/risk-management/soxhub-profile/reviews/) Ratings Breakdown - 4.61Ease of use - 4.46Value for money - 4.56Customer support - 4.50Functionality Pricing Available upon request Get Price Alternative Product [Pirani](https://www.softwareadvice.com/risk-management/pirani-riskment-suite-profile/) 4.5 [(208)](https://www.softwareadvice.com/risk-management/pirani-riskment-suite-profile/reviews/) Ratings Breakdown - 4.52Ease of use - 4.35Value for money - 4.58Customer support - 4.37Functionality Pricing Starting at $276.00 per month Get Price Alternative Product [Sprinto](https://www.softwareadvice.com/compliance/sprinto-profile/) 4.7 [(86)](https://www.softwareadvice.com/compliance/sprinto-profile/reviews/) Ratings Breakdown - 4.77Ease of use - 4.69Value for money - 4.66Customer support - 4.67Functionality Pricing Available upon request Get Price Alternative Product [Novara Flex](https://www.softwareadvice.com/product/121855-NovaraFlex/) 4.8 [(129)](https://www.softwareadvice.com/product/121855-NovaraFlex/reviews/) Ratings Breakdown - 4.74Ease of use - 4.77Value for money - 4.85Customer support - 4.56Functionality Pricing Available upon request Get Price ## Essential ERM Pricing and Plans Starting price: $299.00 per month Free Trial Free Version Starter $299.00 per user, per month Plan includes: - Flexible User Roles - Track Risks - Objectives - Root Causes - Mitigations Teams Pricing available upon request Plan includes: - Up to 25 Users - 250 Contributors - Locked Data Portfolios & Roll-ups - KPI & KRI Tracking Enterprise Pricing available upon request Plan includes: - Scalable User Pricing - SSO - Strategy & ESG Add-ons Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## Essential ERM 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 Essential ERM Activity Dashboard Activity Tracking API Approval Process Control Assessment Management Audit Trail Configurable Workflow Customizable Reports Customizable Templates Dashboard Dashboard Creation Data Import/Export Data Visualization Enterprise Risk Management Governance Heatmaps Issue Management IT Risk Management KRI (Key Risk Indicator) Monitoring Legal Risk Management Monitoring Operational Risk Management Performance Metrics Predictive Analytics Prioritization Process Modeling & Designing Real-Time Reporting Reminders Reporting & Statistics Reputational Risk Management Risk Alerts Risk Assessment Risk Management Risk Reporting Role-Based Permissions Root Cause Analysis Single Sign On Surveys & Feedback Task Management Third-Party Integrations User Management Workflow Management ## Essential ERM Integrations VenTrack Integration rated undefined from -1 review ## Essential ERM User Reviews Overall Rating 4.7 Ratings Breakdown 5 73% 4 27% 3 0% 2 0% 1 0% Secondary Ratings Ease of Use 4.8 Value for money 4.9 Customer support 4.9 Functionality 4.5 Bob N. Verified reviewer Education Management 51-200 employees Used monthly for less than 6 months Review source Reviewed October 2019 Essential ERM implemented a solution and engaged more like a partner than a supplier. 4 We wanted to formalize and create a structure for our risk management process that engaged teams across the organization to easily & effectively add/change/delete risk events, and both assess and manage risk. Essential ERM has proven to be a very cost-effective and adaptable tool to achieve our goal. The company understands the needs of the not-for-profit sector and have been very committed to our success. Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: The software is flexible in meeting our needs and growing with us, as well as encouraging collaboration across our organization. While Essential ERM does provide great training and support, the software is intuitive and easy to pick-up. Cons: We are relatively new users, and have not found any issues of concern. Read More KM Kate M. Verified reviewer Non-Profit Organization Management 51-200 employees Used monthly for more than 2 years Review source Reviewed November 2025 a clear and structured tool. 5 My overall experience with the tool has been positive. The platform provides a clear structured way for leading and supporting our organization in ERM. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Essential ERM is helpful tool for organizing and tracking risks. It offers straightforward interface and fictionality. it is a solid choice for teams that are building transparent, structured and resilient ERM process. I appreciate the clear structure of the platform, Functionality: 1. Risks visibility 2. Voting 3. Option to maintaining consistent risk register The platform is amazing 10/10 Cons: I would appreciate having the option to connect Essential ERM directly to power BI as it would significantly enhance reporting capabilities and streamline dashboard creation. Read More AF Ahmed F. Verified reviewer Accounting Self-Employed Used daily for less than 6 months Review source Reviewed August 2021 Comprehensive review 4 Ratings Breakdown 4 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: This program is considered very wonderful for several reasons, firstly that it provides new methods in the ways of managing business and institutions and facilitating communication by providing a suitable software environment to complete businessIt and is easy to use and its intervention in the work is very useful Cons: There is one thing I did not like that it takes more time than I expected to master it, but after you master it, it will be comfortable to use Read More RR Robert R. Verified reviewer Health, Wellness and Fitness 201-500 employees Used daily for free trial Reviewed October 2024 A good product 5 \* Flexible \* Dynamic \* Trail period with full training \* Understandable functionality \* Straightforward to use \* Customisable Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Our initial introduction with Essential ERM was very positive. They listened to what we already have in place and clearly demonstrated what their solution could offer. This is a very comprehensive package, that can be started in a small way and then extra added as and when the business users become more familiar. The demonstration went through the full offering and it was easy to understand how it could fit within our businesses. The analytics reporting is excellent and ideal for high level reporting to Boards or individual business units. Cons: From the experience we have using the trial and demo, we could not think of any cons. Read More VR Verified Reviewer Banking 501-1000 employees Used daily for free trial Reviewed January 2024 Essential ERM is straightforward and stregthens the ERM Program 4 Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 4 Functionality Pros: Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies. The indicators are easy to track and monitor. The workflows and other functionalities improve decision making and collaboration. It can be implemented in a very short time (2-6 weeks) even without IT implementation experience and their team is prompt and responsive. Its a must have as risk assessments should be dynamic and risk data are quickly changing. An entity can use every day to know whats top of mind or emerging risks and escalations that must responded to. Cons: Because audiences are different, report customizations would help. Read More VR Verified Reviewer Insurance 51-200 employees Used other for less than 12 months Review source Reviewed August 2018 User friendly & supportive team 5 At this time we are not solving any current problems because the software does not have the capability to provide us with management reports in dollars. Our experience with the software and the people at Tracker Networks has been excellent. Once reports are generated that are useful to the Board, and our regulators, we will be able to cease using an excel spreadsheet for our risk register. Until then we will continue to populate and manage the manual process - so, unfortunately, we are doubling our work effort. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 3 Functionality Pros: I like that the software is very user friendly. I can navigate easily. The sorting capabilities are appropriate for our business. Whenever I run into a situation customer service promptly investigates and provides guidance. So far we have been using a risk register designed on a spreadsheet. The Bowtie format has made us think about the root cause and mitigation more specifically rather than a broad view/approach. Cons: For our business, the Board want us to quantify the risks and impact to the business in dollars. For us to be able to successfully implement using Essential ERM, we need to be able to produce various reports with dollars. ie Top 10 risks; Summary report of all risks; Risk Category; Key Measures Report (which is required for reporting to the regulators). Read More VR Verified Reviewer Management Consulting 2-10 employees Used daily for less than 6 months Reviewed October 2022 Essential ERM is Fantastic, A Must Use! 5 Allows me to uncover potential problems before they become real issues. Allowing me to plan, prepare, and be more productive! Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. It allowed me to find issues that I would otherwise have missed, or forgotten about. Not to mention that is super easy to use! Cons: Despite the lack of issues with essential ERM, since the program worked great, the part I dislike most is that Essential ERM highlights a lot of the issues, mistakes, or problems that have been hidden from me. Highlighting my issues only shows that the way to improve this part I dislike is solely on me now. Read More VR Verified Reviewer Airlines/ Aviation 1001-5000 employees Used weekly for less than 12 months Reviewed October 2022 Easy to use and focused risk management solution 5 Great team to work with and great tool. The whole process was a breeze, very supportive company. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: It was the perfect solution to increase our risk management maturity. We have a much clearer view of our program and risk profile after we started using the tool. Cons: There could be some more reporting options and report types, but overall it fulfill our needs very well. Read More VR Verified Reviewer Financial Services 10000+ employees Used weekly for less than 6 months Review source Reviewed August 2018 Essential ERM - Your company's 1 stop for everythign ERM 5 Very happy with the tool! Essential ERM helps automate the process which people go through to identify, prioritize and manage the risks of their organizations. 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! Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Intuitive, easy to use design allowing for very easy customization. Some of the top selling features: -Real-time, web-based and accessible world-wide -Allows users to create and prioritizing custom risks -Automatic follow-up on action items -Automatically creates adjustable and comparable risk heat maps - Uses ERM best-practice a bow-tie approach for individual risks Cons: Some functionalities still under development, but this does not alter our use of the tool. Read More Bill W. Verified reviewer Accounting 201-500 employees Used monthly for less than 6 months Review source Reviewed July 2018 Easy to understand, easy to access, extremely valuable as a management tool 4 Extremely useful and accessible tool Ratings Breakdown 5 Ease of use 4 Value for money 4 Customer support 5 Functionality Pros: Professionally done. Connects with what Risk Management needs. And as noted above - very easy to understand and access Cons: Haven't used it enough to determine how "real time" customer support is. But overall, Miles and his team have a great Risk Management tool here. Read More Showing 1 - 10 of 26 Reviews [See All Reviews](https://www.softwareadvice.com/risk-management/essential-erm-profile/reviews/) ## Essential ERM Popular Comparisons [GOAT Risk vs Essential ERM](https://www.softwareadvice.com/risk-management/essential-erm-profile/vs/goatrisksolutions/)[AuditBoard vs Essential ERM](https://www.softwareadvice.com/risk-management/essential-erm-profile/vs/soxhub/)[Pirani vs Essential ERM](https://www.softwareadvice.com/risk-management/essential-erm-profile/vs/pirani-riskment-suite/) [Compare All Alternatives](https://www.softwareadvice.com/risk-management/essential-erm-profile/alternatives/) ## Other Top Recommended Risk Management Software [VelocityEHS](https://www.softwareadvice.com/compliance/velocityehs-profile/) **4.4** (85) Recently recommended **29** times [Resolver](https://www.softwareadvice.com/pci-compliance/grc-cloud-profile/) **4.4** (79) Recently recommended **12** times [Sprinto](https://www.softwareadvice.com/compliance/sprinto-profile/) **4.7** (86) Recently recommended **10** times [NAVEX IRM](https://www.softwareadvice.com/product/76152-Navex-IRM/) **4.7** (20) Recently recommended **9** times Stuck Between Options? 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