Checklist: Choose the best risk management software for your company

How to make your shortlist for enterprise risk management software

Stop wrestling with spreadsheets. Start managing risks strategically. This is your essential guide to choosing the risk software that will bring you the best results.

Ideal for Chief Risk Officers, Risk Managers and Compliance leaders who want to strengthen the second line with a fully integrated, holistic and strategic view of risk.

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Evaluate, select and implement an ERM system that actually works

You want enterprise risk software that's easy to roll out, integrates well and is flexible to your ways of working. This is your guide to finding that best-fit solution: 

  1. Essential Features Checklist - Score every vendor on the capabilities that matter 
  2. ROI Measurement Framework - Build your business case with quantifiable benefits 
  3. Vendor Evaluation Matrix - Cut through the sales pitch to find the right fit 
  4. Implementation Roadmap - Avoid the pitfalls that derail 40% of ERM projects 
  5. Total Cost Calculator - Understand the real investment beyond licensing fees 

Why you need this checklist

Every day without the right ERM system costs you more than you realize. Many risk teams waste 60-70% of their time on manual tasks instead of strategic insights. Critical decisions are being made with little awareness of risk context. This guide helps you choose the right software to solve the challenges. 

Set your goals

What would success look like for you? Identify where you are now vs where you want to be.

Secure buy-in

Prepare a business case that shows the return on investment - and win budget approval.

Build your shortlist

Match providers to your requirements to focus your search.

Know what to ask

Know what to look for, what to ask and what you need to see before committing.

Don’t miss out on these valuable insights

The right software could slash the time you spend looking for data, chasing up actions and preparing reports. So why wait? Get your checklist today.