Last Updated
Overview
Essential ERM software is a web-based platform designed to streamline enterprise risk, strategy execution, and ESG initiatives through intuitive visuals, structured workflows, and AI-driven insights. While advanced users may find its reporting and customization options limited, the system offers rapid deployment, strong usability, and centralized oversight across complex organizational environments.
Overall Rating
Based on 8 users reviews
5
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Essential ERM Specifications
- Risk Assessment and Mitigation
- Incident and Issue Tracking
- ESG Metrics Tracking and Reporting
- Regulatory Compliance Tracking
What Is Essential ERM?
Essential ERM features a secure, web-based Enterprise Risk Management system designed to support both new and maturing ERM programs. The platform features user-friendly interfaces and innovative visual tools that engage managers, executives, and board members alike. Built-in risk bowtie diagrams enable structured scenario modeling by linking root causes, mitigations, events, and consequences. Risk workshops are enhanced through the use of visual tools that promote clarity, collaboration, and informed enterprise-wide risk assessments.
Essential ERM Pricing
- Starter: Custom pricing
- Teams: Request pricing
- Enterprise: Custom quote
The Essential Platform is a secure SaaS solution that offers annual subscription fees covering software usage, licensing, hosting, maintenance, updates, security, and standard support. Custom packages, single-user subscriptions, and initial setup and configuration are also included. Request a custom quote to align Essential ERM with specific business requirements.
Essential ERM Integrations
Who Is Essential ERM For?
Essential ERM offers its services across various industries and sectors, including:
- Accounting, advisory, and audit firms
- Charities, non-profits and associations
- Education
- Financial services
- Healthcare
- Independent consultants
- Public sector
- Transportation and logistics
Is Essential ERM Right For You?
Essential ERM simplifies risk management with tools for risk voting, appetite thresholds, and board reporting. Built-in bow tie diagrams enhance assessments, while automated action plans streamline follow-ups. Its strategic alignment feature connects risks to business objectives, supporting informed decisions. Flexible pricing and intuitive design make the software suitable for individuals, teams, and enterprises aiming to mature their ERM programs.
Still unsure about Essential ERM? Contact our support team at (661) 384-7070 for additional support and tailored guidance.
Essential ERM Features
Bow Tie Risk Assessments
Essential ERM enhances risk evaluation using visual bow tie diagrams that map threats, impacts, and mitigations. This intuitive platform feature supports structured analysis, enabling organizations to simplify communication and enhance their understanding of complex risk relationships.
Enterprise Risk Management
This software delivers streamlined automation for managing enterprise-wide risks. Built for both small teams and large organizations, the tool offers user-focused workflows that eliminate reliance on spreadsheets and improve risk data accessibility and consistency.
Strategy Planning And Execution
Strategic alignment is driven through this platform’s interactive dashboards, allowing leadership to set goals, assign accountability, monitor milestones, and course-correct initiatives based on real-time feedback, organizational collaboration, and evolving operational priorities.
Operational Risk
Operational threats are proactively managed through integrated tools that connect enterprise-wide data. The software enhances compliance, facilitates risk transparency, and aligns business processes with emerging trends, promoting consistent oversight and structured risk management.
Risk Voting
The Essential ERM platform supports configurable voting sessions that enhance assessment quality. This functionality fosters executive engagement, encourages risk ownership, and enables quick results through an intuitive process that removes manual scoring inefficiencies.
Pros And Cons of Essential ERM
Pros
Real-time risk visibility and linkage to strategy
Bow-tie diagrams promote detailed risk thinking
Supports dynamic risk assessments and escalations
Cons
Limited real-time customer support during initial use
Limited report customization options
Essential ERM Reviews
Total 8 reviews
5
All reviews are from verified customers
Rating Distribution
5
Stars100%
4
Stars0%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Mid Market, 51-100 employees
“Excellent support and solid platform”
Pros
Setting up this software was pretty easy and navigating through it is not a problem too. Plus it covers all the key components I need for risk management. What I really like is how flexible it is as I can configure exactly what I want to access and view based on my specific needs. The customer support team has been fantastic too as they get back to me quickly and their communication is always clear and helpful.
Cons
Cannot think of any major issues as it really meets our business requirements perfectly.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
9
Functionality
10
Small Business, 11-50 employees
“Reliable ERM Solution That Delivers”
Pros
I really like how simple this is to use. Plus the customer support team has been absolutely fantastic to work with.
Cons
The pricing feels pretty steep for a nonprofit company like ours.
Rating Distribution
Ease of use
8
Value for money
10
Customer Support
8
Functionality
10
Mid Market, 51-100 employees
“Easy to Use with Excellent Support”
Pros
The system does a great job helping us connect with business unit leaders and link our enterprise risks directly to strategic goals. Plus setup process was simple too and the flexibility really stands out. Customer service has been the best too whenever we have needed support. Also the visual dashboards are clear and comprehensive making risk monitoring much more manageable than before.
Cons
While the system handles data analysis well on its own I would personally love to see Power BI integration added down the road to streamline our reporting process even more.
Rating Distribution
Ease of use
10
Value for money
8
Customer Support
9
Functionality
9
Frequently Asked Questions
What other apps does Essential ERM integrate with?
Currently, the official website lacks a complete list of supported integrations.
Does Essential ERM offer an API?
No, Essential ERM does not offer API access.
What types of pricing plans does Essential ERM offer?
Essential ERM cost is tailored to organizations of varying sizes and complexities, with Starter, Teams, and Enterprise plans available by quote. The secure SaaS platform includes annual fees covering usage, licensing, hosting, maintenance, updates, security, and standard support. Custom packages, single-user subscriptions, and initial setup and configuration are also provided.
What language does Essential ERM support?
Essential ERM supports English, German, Spanish, and French.
Does Essential ERM have a mobile app?
No, Essential ERM does not offer a dedicated mobile application.
Who are the typical users of Essential ERM?
Essential ERM serves a diverse range of industries and sectors, including accounting and audit firms, non-profits, education, financial services, healthcare, independent consultants, the public sector, and transportation and logistics.
What level of support does Essential ERM offer?
Essential ERM provides support through chat.