Ratings Breakdown
User Reviews Overview
Feature Ratings
Ease-of-use
5.0 / 5
Value for Money
5.0 / 5
Customer Support
5.0 / 5
Functionality
4.5 / 5
Pros
"The software is seamless, very easy to implement and extremely user friendly. There is no clutter and any complicated functionality. Very easy to configure and has very good reporting options. "
"Professionally done. Connects with what Risk Management needs. And as noted above - very easy to understand and access"
"Ease of use, flexibility, cost, user interface, support team and the innovative mindset of the developers"
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."
"The product needs more reports, but I am sure they are being developed and will be part of the upcoming releases. "
"Doesn't integrate with GRC systems (it wasn't designed to!)"
Essential ERM Reviews
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August 2018
Anonymous
Company Size: 51-200 employees
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
3.0
August 2018
User friendly & supportive team
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.
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).
October 2019
Anonymous
Company Size: 51-200 employees
Time Used: Less than 2 years
Review Source: Capterra
Ease-of-use
4.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
October 2019
Good solution that meets our needs
We have multiple organizations working on a large, multi-year shared program. Tool is used to manage the shared enterprise risks; all orgs have access and use it to review and document progress to mitigations. Also use the tool for other internal risks; the added feature to allow segregation of risks by org or people is helpful.
Pros
Easy to use and onboard my staff. Did not need a lot of education on how to technically use and navigate the software. Functionality to capture the risk with pre, post mitigation and events is helpful for staff to think through what is important to document for a risk. Appreciate the functionality for risk velocity and other prioritization factors; helps focus our regular reviews. Vendor is open to feedback and enhancing the solution.
Cons
Reporting is still improving; hard to change our old habits of presenting risks at a meeting without using the tool in the meeting. Like the trending of how a risk is progressing; expect in time it could be presented differently or available in different parts of the application.
Reasons for Choosing Essential ERM
While the insurance tool was free and was a good tool with, it was setup for use by healthcare for risks that are common to delivering healthcare programs; so its features and capability actually became a limitation as they did not support us adding new risk types, categories, etc. We were using MS Excel in meantime. Essential ERM was a very good alternative to the free tool and Excel.
October 2019
Mishma from CAA Club Group
Company Size: 1,001-5,000 employees
Industry: Financial Services
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
4.0
Functionality
3.0
October 2019
Essential ERM
Pros
- User friendly - Great Bow-tie functionality - Great pricing
Cons
- Reporting functionality needs to be developed more - KRI functionality missing
Reasons for Choosing Essential ERM
Better pricing
October 2019
Carol from ERM Insights by Carol, LLC
Company Size: 2-10 employees
Industry: Management Consulting
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
October 2019
Easy to Implement for ERM Beginners
Using the software gets you out of using spreadsheets, which is a definite plus. The ability to link risks to objectives is important for executives. The support for Essential ERM has been extremely responsive to questions.
Pros
If you don't have any existing ERM processes, Essential ERM is a great way to jump start a consistent method for identifying and managing risks in your organization. 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.
Cons
The software is harder to use if your organization has an established process or methodology, as the system has limited customization available. Ensure that the way the software is built will fit your organization and its needs.
Reasons for Choosing Essential ERM
Pricing and simplicity
Reasons for Switching to Essential ERM
Being a GRC product focused on compliance, it didn't fit the needs of the company. The risk features were not robust enough for the methodology and practices in place.
August 2018
Navin from Accounting
Company Size: 201-500 employees
Industry: Accounting
Time Used: Less than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
August 2018
Optrimizing Risk information
Trying to get a handle on management risk information from across differing entities in the organization proved to be a challenge. The solution was simple to use, efficient and great at reporting. Made an impact on communicating risk information.
Pros
Ease of use, flexibility, cost, user interface, support team and the innovative mindset of the developers
Cons
Integration with other assurance functions and reporting seems to be evolving and is still new
August 2018
Steve from The Commonwell Mutual Insurance Group
Company Size: 51-200 employees
Industry: Insurance
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
4.0
Value for money
4.0
Customer support
5.0
Functionality
4.0
August 2018
Tracker Business Partner review
The business problems we are solving with ERM is creating engagement with our teams who have responsibility for assessing and documenting risks within our ERM process. Those with little prior experience in SOX or other types of risk evaluation find the tool intuitive, logical and provides the ability to link the outcomes in a more streamlined and visual fashion.
Pros
The Essential ERM Software is an intuitive dynamic tool that takes a relatively complex subject area and allows the user to simplify the process of risk assessment, quantification and tracking of identified risks. this has been a big help to our team as we look to expand the knowledge base and accountabilities of our team as we look to embed ERM into our orgainzation.
Cons
At this point we have not identified any significant issues or challenges with the software. The Trackers team has been great at taking feedback and incorporating changes to the product where it makes sense.
September 2019
Tom from Commission Apostolic Trust Ltd.
Company Size: 11-50 employees
Industry: Religious Institutions
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
September 2019
A solid, intuitive, developing risk management tool
The customer service, particular from our Account Manager, has been excellent
Pros
It's user-friendly, intuitive and thorough. Everything works as you should expect, and the risk process has a very good flow.
Cons
As it is a developing piece of software there are some features that are still to be added, such as the reporting capabilities, but the response to ideas and queries has been excellent, and I'm confident things will continue to grow/improve!
August 2018
Anonymous
Company Size: 10,000+ employees
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
August 2018
Essential ERM - Your company's 1 stop for everythign ERM
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!
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.
October 2019
Carolyn from Ontario Pension Board
Company Size: 51-200 employees
Industry: Government Administration
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
5.0
Functionality
4.0
October 2019
Essential ERM software review
Great.
Pros
Methodology - Bow Tie. Voting capability. Risk event views. Reporting views. Ability to see and address gaps
Cons
Big issue - If I have the same action repeated for several risks it shows up as different actions. Minor issue - Lack of printable /sharable risk event view (when needing to share outside of software, e.g. in a meeting)
October 2019

Bob from Holy Trinity School
Company Size: 51-200 employees
Industry: Education Management
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
4.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
October 2019
Essential ERM implemented a solution and engaged more like a partner than a supplier.
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.
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.
August 2018
Anonymous
Company Size: 1 employee
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
August 2018
Essential ERM provides what is needed
I am using Essential ERM in support of my consulting practice.
Pros
This software is simple while providing the essential requirements to enable leaders to identify and manage risks, adding valuable insights to help them be more successful.
Cons
Creating and maintaining a valid value added risk assessment is challenging. Leaders and teams often struggle to identify and describe risks in ways which add value. Libraries and industry data can provide management with a reference point and in identifying "blind spots". Effective risk management is being able to consider the unlikely and undesired, biases get in the way. Essential ERM provides a solid database. Management may face bias challenges.
August 2018
Anonymous
Company Size: 1,001-5,000 employees
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
August 2018
Essential ERM is an essential tool for any organization to manage their ERM outside of spreadsheets.
Pros
The software is seamless, very easy to implement and extremely user friendly. There is no clutter and any complicated functionality. Very easy to configure and has very good reporting options.
Cons
The product needs more reports, but I am sure they are being developed and will be part of the upcoming releases.
August 2018
Urooj from LifeLabs
Company Size: 1,001-5,000 employees
Industry: Health, Wellness and Fitness
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
4.0
August 2018
Essential ERM Review
Pros
Ease of use, User friendly Easy to create risk categories Easy to conduct analysis
Cons
Some of the features are under development. Although, the development team is very recptive to suggestions
August 2018
Raaj from PwC
Company Size: 10,000+ employees
Industry: Accounting
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
August 2018
Simple and productive software for ERM professionals!
Pros
The software was easy to use and update information.
Cons
Doesn't integrate with GRC systems (it wasn't designed to!)
July 2018

Bill from Chartered Professional Accountants of Ontario (CPA Ontario)
Company Size: 201-500 employees
Industry: Accounting
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
4.0
Customer support
4.0
Functionality
5.0
July 2018
Easy to understand, easy to access, extremely valuable as a management tool
Extremely useful and accessible tool
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.