Essential ERM

Tracker Networks' solutions help organizations to identify, track and manage business and cyber risks that affect their strategic objectives, customers, supplier relationships, critical data, technology resources and more – to lower risks, save money, improve service and increase revenue.

Languages supported: German, English, French, Spanish

Platforms: Mac, Win, Linux

Price: $$$$$

Business Size: 1

10.0/10 (Expert Score) ★★★★★
Product is rated as #1 in category GRC Platforms
Ease of use
10.0
Support
9.7
Ease of Setup
0.0

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Essential ERMВ® is an easy and cost-effective web-based risk management tool used by organizations in over 20 sectors and 44 countries. It can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically.

Essential ERMВ® is easy and intuitive for both users and system administrators. The system follows a practical approach to risk management – providing powerful features and aligning with COSO and ISO risk frameworks, while limiting and/or masking complexity for system users. The system provides dynamic reporting and the ability export data to Excel and other reporting tools.

Essential ERM
Essential ERM

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Customer Reviews

Essential ERM Reviews

Cihan Can M.

Advanced user of Essential ERM
★★★★★
Great Tool for Enterprise Risk Management

What do you like best?

It includes every aspect of ERM so that the risk management team of a company can easily follow-up risk, KRIs and action plans. Also, it is very user-friendly and it gives users the freedom to customize as they wish. The developer company of the tool is super attentive. They always keep in touch with you and consider your advice to develop the tool further.

What do you dislike?

The only inadequacy is that the tool does not offer a detailed risk scoring metric. And especially for corporate companies with extensive risk registers, the scoring metrics might not be enough to distinguish risk priorities.

Recommendations to others considering the product:

I highly recommend Essential ERM, especially for small and mid-size companies.

What problems are you solving with the product? What benefits have you realized?

Essential ERM gives clients a chance to organize all activities regarding risk management. Users can easily follow their company's risk. Especially regarding the action plans, the tool is very convenient. It allows you to assign actions to the owners of the risk and the tool notifies them regularly.

Review source: G2.com

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