# Essential ERM Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Essential ERM Software - reviews, pricing plans, popular comparisons to other Governance, Risk and Compliance (GRC) products and more.

Source: https://www.capterra.com/p/176625/Essential-ERM

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# 

 Essential ERM Software Review 2026: Features, Integrations, Pros & Cons

Last updated on January 15, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)[Reviews](#reviews)

Essential ERM

## What is Essential ERM?

Essential ERM is an enterprise risk management software platform that helps organizations manage risk, strategy, compliance, and ESG requirements. Built on ISO 31000 and COSO frameworks, the system features interactive risk bow tie diagrams for analyzing risks and scenarios, along with automated risk voting for streamlined assessments. Essential ERM integrates enterprise and operational risk management capabilities including RCSA automation, action plans, incident management, and compliance tracking through user-friendly workflows and flexible permissions. The platform's AI-powered automation generates detailed reports and uncovers insights that support strategic goals. Essential ERM offers fast implementation and flexible pricing, making risk management more accessible and effective.

## What is Essential ERM used for?

[Risk Management](https://www.capterra.com/risk-management-software/)[ERM](https://www.capterra.com/erm-software/)[Integrated Risk Management](https://www.capterra.com/integrated-risk-management-software/)

Overall rating

Based on 26 user reviews

Reviews sentiment

Positive

100%

Neutral

0%

Negative

0%

Starting price

$299

Per User, Per Month

Free trial  
available

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## Essential ERM alternatives

Highest Rated

[4.8 (129)](https://www.capterra.com/p/152559/KPAEHS/reviews/)

Starting price

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Starting price

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[4.5 (203)](https://www.capterra.com/p/196959/Pirani/reviews/)

Starting price

$276.00

Per User, Per Month

[4.5 (526)](https://www.capterra.com/p/148577/MasterControl/reviews/)

Starting price

$25000.00

Per User, Per Month

[View all alternatives](https://www.capterra.com/p/176625/Essential-ERM/alternatives/)

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Risk Assessment

4.6 (11)

63.64% of 11 reviewers that rated this feature as important or highly important

Initiate collection and analysis of known risks

Dashboard

4.8 (9)

66.67% of 9 reviewers that rated this feature as important or highly important

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Risk Reporting

4.5 (6)

100.00% of 6 reviewers that rated this feature as important or highly important

Reporting of risks associated with specific actions, events, or entities

Risk Scoring

4.8 (6)

66.67% of 6 reviewers that rated this feature as important or highly important

Assess and score risks using risk matrices

Alerts/Notifications

4.8 (4)

50.00% of 4 reviewers that rated this feature as important or highly important

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Audit Management

4.7 (3)

66.67% of 3 reviewers that rated this feature as important or highly important

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

Essential ERM 52 features

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Track and document all activities across devices, networks, and other systems

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Application programming interface that allows for integration with other systems/databases

Manage the process of evaluating documents or requests submitted for approval

Creation, administration, and evaluation of assessments or tests

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

A record of all activities within the system, including user access, changes made, etc.

Track and manage adherence to policies for any service, product, process, or supplier

Configure existing workflows to meet your organization's needs

Investigate and take action at root cause or error in processes to prevent recurring issues

Alter the layout and content of reports

Pre-designed layouts that can be customized to match preferences and requirements

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Creation and customization of dashboards

Import and export data to and from software applications

Graphical representation of data

Store, manage, and track all electronic documents in a centralized location

Management of rules, practices, and processes of a company

A visual display that uses a color spectrum to show how visitors interact with areas of a web page

Manage and track all disruptions and incidents

Ensure internal objectives and compliance with policies are met

Identify and respond to unexpected problems or failures (ie. "negative events")

Manage risks related to IT systems

Tracking of various risk indicators including risk metrics, historic trending, metadata & more to gauge the organization's risk posture

Manage the risk of both financial and reputational loss resulting from nonadherence to current legislation

Access software remotely via mobile devices

Observe and track the demand, usage, progress or quality of a system, product, or user

Manage risk that occurs from systems failure or inadequate processes

A set of indicators that tracks the performance of networks, applications, systems, teams, etc.

Predict future data based on historical data sets

Arrange tasks based on the level of priority or urgency

Visually identify, define, and map all details and relationships surrounding business process models and elements

Active reporting of data and metrics

Timed notification for any upcoming task, deadline, appointment, or activity

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Identify, monitor, and assess risks to brands

Notifying as a warning or reminder of a potential or imminent hazard

Analyze potential risks across the organization

Initiate collection and analysis of known risks

Process of identifying, evaluating, mitigating, addressing and reporting on potential risks or uncertainties

Reporting of risks associated with specific actions, events, or entities

Assess and score risks using risk matrices

Set & manage permission levels based on user roles and restrict access to only authorized individuals

Identify and analyse the reasons behind accidents

Develop potential scenarios to identify risks and opportunities

Allow users to access multiple services after entering their login credentials once

Gauge satisfaction and receive information for improvement and success

Create, manage and track all task activities and progression

Set up connections to third-party platforms to improve business processes

Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks

Create, design and manage workflows for repetitive tasks

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Features

4.5 (26)

4.5

Based on 26 reviews

## Pricing

Value for money

4.9 (26)

Free Trial

[View pricing plan details](https://www.capterra.com/p/176625/Essential-ERM/pricing/)

Starter

$299.00

Per User,Per Month

It includes:

-   Flexible User Roles
-   Track Risks
-   Objectives
-   Root Causes
-   Mitigations

Value for money

4.9 (26)

4.9

Based on 26 reviews

## Integrations

[

VenTrack](https://www.capterra.com/p/10024879/VenTrack/)

Connect with a Capterra advisor for a free 15-minute consultation

Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs.

## Support, customer service and training options

Customer Service

4.9 (26)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

4.9 (26)

4.9

Based on 26 reviews

## User reviews

Overall rating

4.7

Based on 26 reviews

Filter by rating

5(19)

4(7)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

KM

Kate M.

Analyst

Non-Profit Organization Management

### "a clear and structured tool. "

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 21, 2025

My overall experience with the tool has been positive. The platform provides a clear structured way for leading and supporting our organization in ERM.

Pros

Essential ERM is helpful tool for organizing and tracking risks. It offers straightforward interface and fictionality. it is a solid choice for teams that are building transparent, structured and resilient ERM process. I appreciate the clear structure of the platform, Functionality: 1. Risks visibility 2. Voting 3. Option to maintaining consistent risk register The platform is amazing 10/10

Cons

I would appreciate having the option to connect Essential ERM directly to power BI as it would significantly enhance reporting capabilities and streamline dashboard creation.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

PO

Paul O.

Risk Manager

Insurance

### "Loving Essential ERM software."

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

October 10, 2024

The team is extremely helpful in bringing newbies up to speed and the software is quite intuitive. Also the price is amazing for the functionality provided.

Pros

The optionality of the tool within the individual modules.

Cons

I would like a bit more control over the format of printable reports but this is very minor.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

RR

Robert R.

Senior Compliance Manager

Health, Wellness and Fitness

### "A good product"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

October 9, 2024

\* Flexible \* Dynamic \* Trail period with full training \* Understandable functionality \* Straightforward to use \* Customisable

Pros

Our initial introduction with Essential ERM was very positive. They listened to what we already have in place and clearly demonstrated what their solution could offer. This is a very comprehensive package, that can be started in a small way and then extra added as and when the business users become more familiar. The demonstration went through the full offering and it was easy to understand how it could fit within our businesses. The analytics reporting is excellent and ideal for high level reporting to Boards or individual business units.

Cons

From the experience we have using the trial and demo, we could not think of any cons.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

AU

Anonymous User

ERM Manager

Banking

### "Essential ERM is straightforward and stregthens the ERM Program "

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

January 20, 2024

Pros

Essential ERM provides a single view of the risks in real time and links to risk appetite and strategies. The indicators are easy to track and monitor. The workflows and other functionalities improve decision making and collaboration. It can be implemented in a very short time (2-6 weeks) even without IT implementation experience and their team is prompt and responsive. Its a must have as risk assessments should be dynamic and risk data are quickly changing. An entity can use every day to know whats top of mind or emerging risks and escalations that must responded to.

Cons

Because audiences are different, report customizations would help.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

PH

Peter H.

Enterprise Risk Consultant

Government Administration

### "Essential ERM - Setting the Standard for Strategic Risk Management"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

December 1, 2022

My overall expereiewnce has been excellent. The Executive and Design Team have bene highly repsonsive to our suggestions for platform enhancements. It has been an incredible journey with the team over the past several years with major benefits to the enterprise risk management world.

Pros

The software is based on the Bow Tie Methodology and grounded in the ISO 31000. It's core architecture is tied to strategic objective setting with great features for risk appeptite and mitigation tracking. The Essential ERM design and support team are very progressive, creative and repsosnive to industry developments and client needs.The ability to establish risk portfolios for highly diverse and complex organizations with consolidation is a brilliant feature.The risk profiles of individual projects or intiitatives can also managed within Essential ERM.

Cons

The Essential ERM Team have been highly responsive to requests for improvement in dasboard reporting, voting technology and key risk indicators. The interface capability to industry standard rporting tools such as Power BI has been significantly improved. I can't say at this point I have any major dislikes of the software.

Reasons for choosing Essential ERM

Core architecture - well grounded in staretgic risk decsion making, the Bow Tie Method and ISO 31000 risk management standard.Ease of use and intutiive interface and dashboard.Strong customer support from the Executive, Design and Support teams.A very progressive view of risk management from strategic enterprise , operational and portfolio risk management.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

SW

Samantha W.

Enterprise Risk and Audit Director

Textiles

### "Essential ERM, excellent customer service and flexibility for ERM processes"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 4, 2022

Fantastic. It is a quality product that was easy to implement and teach to our BUs. Customer service is prompt and extremely helpful.

Pros

The product is easy to use and to implement.

Cons

Would love integration with audit software.

Reasons for choosing Essential ERM

The flexibility to customize the program to our business structure and it was the only software that focused on what I need to risk management. The other software companies focus on audit software first and ERM is an afterthought.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

DW

Deryck W.

CFO

Computer Software

### "A great product"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 3, 2022

Risk management. We have many we have to deal with, as a result of the nature of our operation.

Pros

I found it easy to use, and especially like the way we can integrate it - with our strategy and with our work plans, so it is a living process.

Cons

Truly, I don't find anything missing. We've had great support, the site is fast and reliable and secure. I like the way they stay on top of the ERM trends and keep improving the product.

Reasons for choosing Essential ERM

Easily best value for money.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

AU

Anonymous User

Consultant

Management Consulting

### "Essential ERM is Fantastic, A Must Use!"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

October 26, 2022

Allows me to uncover potential problems before they become real issues. Allowing me to plan, prepare, and be more productive!

Pros

Essential ERM provides a unique outlook on the factors involved with business, clients, and personnel. It allowed me to find issues that I would otherwise have missed, or forgotten about. Not to mention that is super easy to use!

Cons

Despite the lack of issues with essential ERM, since the program worked great, the part I dislike most is that Essential ERM highlights a lot of the issues, mistakes, or problems that have been hidden from me. Highlighting my issues only shows that the way to improve this part I dislike is solely on me now.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

PR

Pat R.

Exexutive Advisor, Corporate Strategy and Risk

Insurance

### "Good easy to use Enterprise Riaks Management Application"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

October 24, 2022

Essential ERM has created efficiencies in our risk tracking and reporting process.

Pros

Essential ERM is easy to configure and use. Manual processes can be automated to make ERM administration and reporting much more efficient.

Cons

Transitioning from another application or manual risk tracking requires some effort to enter all of the data for the first time. However, the efficiencies after initial configuration and data entry quickly outweigh the effort and time for initial entry.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

AU

Anonymous User

Manager, Information Security

Airlines/Aviation

### "Easy to use and focused risk management solution"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

October 11, 2022

Great team to work with and great tool. The whole process was a breeze, very supportive company.

Pros

It was the perfect solution to increase our risk management maturity. We have a much clearer view of our program and risk profile after we started using the tool.

Cons

There could be some more reporting options and report types, but overall it fulfill our needs very well.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

[View all Reviews](https://www.capterra.com/p/176625/Essential-ERM/reviews/)

Popular comparisons

[GOAT Risk vs Essential ERM](https://www.capterra.com/compare/176625-205001/Essential-ERM-vs-GOAT-Risk)

[AuditBoard vs Essential ERM](https://www.capterra.com/compare/148230-176625/SOXHUB-vs-Essential-ERM) 

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