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Overview

Exclaim Risk is a flexible risk management module of the Exclaim GRC platform, compliant with ISO 31000. However, its extensive capabilities may overwhelm users and require training for effective adoption. It offers tools like a central risk register and real-time dashboards for governance.

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Exclaim Risk Specifications

Risk Assessment and Mitigation

Regulatory Compliance Tracking

Audit Management

Incident and Issue Tracking

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What Is Exclaim Risk?

Exclaim Risk is the specialized Risk Manager module within the fully integrated Exclaim Governance, Risk and Compliance (GRC) software suite. It is designed to help organizations manage business risk effectively by accommodating various risk types, unique rating scales, and risk appetite settings. Compliant with international standards like ISO 31000 and COSO, this module provides tools to capture, register, and monitor risks, ensuring organizations can maintain an effective control environment and proactively reduce risk exposure.

Exclaim Risk Pricing

Exclaim GRC delivers modular solutions tailored to your organization’s needs. Request a customized Exclaim Risk cost quote based on your requirements and the specific modules you wish to implement.

Exclaim Risk Integrations

The software supports integration with multiple systems and platforms, such as:

  • Arbitus Analyzer
  • Audit Module
Watch the Exclaim Risk demo to learn more about its integration arrangements.

Who Is Exclaim Risk For?

Exclaim Risk software is ideal for a wide range of industries, including:

  • Corporate governance professionals
  • Risk managers and chief risk officers
  • Internal and external auditors
  • Compliance officers in global enterprises
  • Organizations operating in multiple countries

Is Exclaim Risk Right For You?

If your organization needs a fully integrated GRC platform compliant with ISO 31000 and COSO, Exclaim Risk is a strong choice. Its modular design lets you combine Risk Management with Compliance and Audit for a unified view. Real-time dashboards and links to Key Indicators enable proactive, data-driven decisions.

Still doubtful if Exclaim Risk software is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.

Exclaim Risk Features

Exclaim Risk offers a flexible Risk Manager to handle various risk types, appetites, and rating scales. It complies with major frameworks like ISO 31000 and COSO, enabling organizations to identify, assess, and manage risks efficiently within a unified platform.

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The Compliance Manager simplifies organizational compliance across countries by offering a comprehensive, updated list of acts and subordinate legislation. This eliminates the need to search for legislation manually, ensuring compliance requirements are consistently met.

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Incident Manager enables detailed recording and classification of losses or incidents, including actual loss, potential loss, near miss, irregular expenditure, and wasteful expenditure. It provides root cause analysis and control monitoring for effective incident management.

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Task Manager streamlines compliance, risk, and operational tasks through a centralized module. It allows creation, escalation, filtering, and assignment of both one-time and recurring tasks to appropriate users for efficient workflow management.

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Key Indicators monitor critical metrics linked to risks, opportunities, controls, strategic objectives, and compliance requirements. This helps ensure changing circumstances do not alter priorities or cause missed opportunities.

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Audit Manager supports detailed audit planning, resource allocation, and workflow management for internal or external audits. It integrates with combined assurance to provide a seamless audit process across the organization.

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Pros And Cons of Exclaim Risk

Pros

  • Fully Integrated GRC Platform providing a holistic view of Governance, Risk, and Compliance

  • Compliance with Major Frameworks like ISO 31000 and COSO ensures best practice adherence

  • Real-time Dashboards for continuous monitoring and data-driven risk insight

  • Centralized Data Repositories for risks, controls, and audits, enhancing efficiency

Cons

  • Performance can be slow under load/peak hours

  • Documentation gaps may hinder user workflows

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Frequently Asked Questions

Exclaim GRC delivers modular solutions tailored to your organization’s needs. Request a customized Exclaim Risk price quote based on your requirements and the specific modules you wish to implement.

Exclaim Risk official website does not explicitly mention the availability of an API.

The vendor provides dedicated support to its users via email and phone.

The software supports integration with multiple systems and platforms, such as Arbitus Analyzer and Audit Module.

Typical users include professionals involved in enterprise-wide governance, risk, and compliance activities, such as risk managers, chief risk officers, compliance officers, internal auditors, and executive management requiring real-time risk status reporting.

The core information about the Exclaim GRC platform is presented in English.

Exclaim Risk does not currently offer a dedicated mobile app.