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Essential ERM

Streamlined Enterprise Risk Management

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Essential ERM offers custom pricing plan

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What is Essential ERM?

Essential ERM is a purpose-built enterprise risk management platform designed to simplify and elevate organizational risk practices without unnecessary complexity. Built around ISO 31000 and COSO standards, it offers intuitive tools for building risk registers, conducting assessments, and linking risks directly to strategic goals. Key features include interactive bow tie diagrams for multi-scenario analysis, automated workflows for risk reviews, and real-time risk voting for executive engagement. Essential ERM also integrates operational risk capabilities such as RCSA automation, incident tracking, and compliance monitoring. With automated reporting and user-friendly dashboards, it delivers actionable insights to enhance risk transparency and organizational performance.

Pricing

  • Essential ERM offers custom pricing plan

Customer Type

  • Large Enterprises

  • Medium Business

  • Small Business

Platform Type

  • SaaS/Web/Cloud

Essential ERM software demo

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Essential ERM was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.

Essential ERM Pricing

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Free Trial

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Essential ERM Pricing

  • Essential ERM offers custom pricing plan

Pricing Model

  • Paid Plans (Quotation Based )

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Disclaimer: Pricing information for Essential ERM is provided by the software vendor or sourced from publicly accessible materials. Final cost negotiations and purchasing must be handled directly with the seller. For the latest information on pricing, visit website. Pricing information was last updated on .

Essential ERM Reviews & Ratings

Expert's Review

Essential ERM offers a simple yet powerful enterprise risk management platform that is perfect for organizations seeking an intuitive and straightforward way to handle risks. Built on global standards like ISO 31000 and COSO, the platform offers interactive features such as bow tie diagrams and automated risk voting, which make risk management more engaging and ...Read more

Essential ERM pros and cons

  • Essential ERM stands out for its user-friendly interface and streamlined design, making risk management processes easy to implement and manage for users at all levels.

  • The platform is built around widely recognized risk management frameworks, ensuring that users adhere to global best practices while assessing and mitigating risks.

  • This feature allows users to visualize multiple risk scenarios intuitively, helping teams understand risk impacts and mitigating actions in a clear and actionable format.

  • Essential ERM allows for the quick creation of risk votes, enabling business managers and executives to participate in the decision-making process remotely, streamlining the assessment of critical risks.

  • While the platform is user-friendly, its ease of use might come at the expense of deep customization for more complex risk management needs, which could be limiting for larger organizations with intricate requirements.

  • While Essential ERM integrates operational risk features, the process of linking and managing them with enterprise-level risks might require additional time and resources for setup.

Essential ERM Customers

Siemens-logo

Siemens

Accenture-logo

Accenture

Toyota Financial Services-logo

Toyota Financial Services

KPMGG-logo

KPMGG

MNP-logo

MNP

Ontario-logo

Ontario

Essential ERM Support

Customer Service

Online

Location

Toronto, Ontario

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Frequently Asked Questions (FAQs)

Stuck on something? We're here to help with all the questions and answers in one place.

Essential ERM is a Enterprise Risk Management. Essential ERM offers Risk Assessment, Risk Methodology, Risk Management, Risk Identification, User Management and many more functionalities.

No, Essential ERM doesn't provide API.

No, Essential ERM doesn't provide mobile app.

Essential ERM is located in Toronto, Ontario

Essential ERM offers Quotation Based pricing model

We don't have information regarding integrations of the Essential ERM as of now.

The starting price is not disclosed by Essential ERM. You can visit Essential ERM pricing page to get the latest pricing.

This software is researched and edited by

Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.

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Researched by Rajat Gupta