Enterprise Risk Management Application

What is Enterprise Risk Management?

Enterprise Risk Management (ERM) is the culture, capabilities, and practices that organizations integrate with their strategy. With the goal of managing risk and realizing value, ERM can identify, assess, and prepare you for any potential dangers, hazards, and physical or figurative disasters that may interfere with an organization's operations and objectives.

Download Your Guide to ERM with Risk Cloud

Enterprise Risk Management on Risk Cloud

Risk Cloud™ is a cloud-based platform with a suite of pre-built Applications that transforms the way you manage GRC processes by combining expert-level content and service with easy, no-code technology.

Risk Cloud’s Enterprise Risk Management Application makes it easy to build your holistic risk management process as it captures everything from vendor interactions and finance, to sales and marketing activities. This Application gives risk teams the tools to break down silos, automate tasks, and simplify processes for increased unity across the organization.

Address Your Most Pressing Enterprise Risks First

Quickly uncover risks associated with the most critical activities across the enterprise
Conduct risk assessments with internal stakeholders to rate the likelihood and potential impact of risks
View weighted risk scores generated by customizable calculations through dashboards and reports

Organize Risk From All Workstreams

Create and assign assessments to stakeholders across your business units with the risk register
Automate document collection with a workflow management system that facilitates deadline-triggered requests, transparent tracking, and notifications
Activate dynamic questionnaire templates to accept interview and survey input
Generate mitigations from data gathered in risk assessments

Get Enterprise-Wide Risk Alignment

Transform findings into action items that are assigned to individuals complete with deadlines and automated reminders
Automate continuous monitoring of new and existing risk activity for increased visibility
Log and track risk mitigation activities and send automated email reminders to risk and mitigation owners
Dig into reporting and analysis with custom analytics and heat maps that deliver in-depth, real-time data on critical risks across your enterprise

Related Applications

SIG Lite

Risk Cloud’s SIG Lite Application is pre-built with the SIG Lite questionnaire enabling you to leverage this framework without a SIG subscription.

IT Risk Management

Risk Cloud’s IT Risk Management Application is built to streamline your processes that identify and capture critical information assets across your enterprise.

Internal Audit Management

The Internal Audit Management Application in Risk Cloud gives you independent assurance that you will meet your strategic objectives.