--- description: Review of Essential ERM Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Essential ERM | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Governance, Risk and Compliance (GRC)](/directory/3843/grc/software) > [Essential ERM](/software/63593/essential-erm) # Essential ERM Canonical: https://www.softwareadvice.ie/software/63593/essential-erm Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/63593/essential-erm?page=2) > Essential ERM is enterprise risk management software designed to support risk assessment, compliance tracking, and strategic planning. It is used by organizations across industries such as financial services, healthcare, manufacturing, education, energy, public sector, and non-profits. The platform is suitable for small teams and large-scale operations, serving risk managers, business users, and executives. The software includes tools for building risk registers and conducting evaluations with automated workflows. Bow tie diagrams provide visual analysis of risk scenarios, and an automated risk voting system allows stakeholders to contribute to risk identification from any device. Operational risk management features connect enterprise risk with operational concerns through RCSA automation, action plans, and incident management. The platform generates detailed risk reports to help organizations identify trends and develop insights for risk reduction. Essential ERM supports ISO 31000 and COSO frameworks to apply established risk management methodologies. It links risk to strategy through planning and execution features, simplifying processes for risk managers. Environmental, social, and governance risk management capabilities are integrated to address sustainability concerns. AI automation enhances efficiency, and the system is designed to be accessible for business users. Flexible organizational modeling ensures users access information relevant to their roles. > > Verdict: Rated **4.7/5** by 26 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.7/5** | 26 Reviews | | Ease of Use | 4.8/5 | Based on overall reviews | | Customer Support | 4.9/5 | Based on overall reviews | | Value for Money | 4.9/5 | Based on overall reviews | | Features | 4.5/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Tracker Networks - **Location**: Toronto, Canada - **Founded**: 2009 ## Commercial Context - **Starting Price**: US$299.00 - **Pricing model**: Per User (Free Trial) - **Pricing Details**: Contact Tracker Networks for detailed pricing information. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English, French, German, Spanish - **Available Countries**: Albania, Andorra, Anguilla, Antigua & Barbuda, Aruba, Australia, Austria, Bahamas, Barbados, Belarus, Belgium, Belize, Bermuda, Bosnia & Herzegovina, British Virgin Islands, Bulgaria, Canada, Cayman Islands, Costa Rica, Croatia and 83 more ## Features - API - Activity Dashboard - Activity Tracking - Alerts/Notifications - Approval Process Control - Assessment Management - Audit Management - Audit Trail - Compliance Management - Configurable Workflow - Corrective and Preventive Actions (CAPA) - Customisable Reports - Customisable Templates - Dashboard - Dashboard Creation - Data Import/Export - Data Visualisation - Document Management - Enterprise Risk Management - Governance ## Integrations (1 total) - VenTrack ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - Chat ## Category - [Governance, Risk and Compliance (GRC)](https://www.softwareadvice.ie/directory/3843/grc/software) ## Related Categories - [Governance, Risk and Compliance (GRC)](https://www.softwareadvice.ie/directory/3843/grc/software) - [Enterprise Risk Management Software (ERM)](https://www.softwareadvice.ie/directory/3974/erm/software) - [Audit Software](https://www.softwareadvice.ie/directory/4188/audit/software) - [Integrated Risk Management Software](https://www.softwareadvice.ie/directory/4101/integrated-risk-management/software) - [Risk Management Software](https://www.softwareadvice.ie/directory/4423/risk-management/software) ## Alternatives 1. 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While Essential ERM does provide great training and support, the software is intuitive and easy to pick-up. > > **Cons**: We are relatively new users, and have not found any issues of concern. > > We wanted to formalize and create a structure for our risk management process that engaged teams across the organization to easily \& effectively add/change/delete risk events, and both assess and manage risk. Essential ERM has proven to be a very cost-effective and adaptable tool to achieve our goal. The company understands the needs of the not-for-profit sector and have been very committed to our success. ----- ### "a clear and structured tool." — 5.0/5 > **Kate** | *21 November 2025* | Nonprofit Organisation Management | Recommendation rating: 10.0/10 > > **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. > > My overall experience with the tool has been positive. The platform provides a clear structured way for leading and supporting our organization in ERM. ----- ### "Comprehensive review" — 4.0/5 > **Ahmed** | *5 August 2021* | Accounting | Recommendation rating: 4.0/10 > > **Pros**: This program is considered very wonderful for several reasons, firstly that it provides new methods in the ways of managing business and institutions and facilitating communication by providing a suitable software environment to complete businessIt and is easy to use and its intervention in the work is very useful > > **Cons**: There is one thing I did not like that it takes more time than I expected to master it, but after you master it, it will be comfortable to use ----- ### "Essential ERM - Setting the Standard for Strategic Risk Management" — 5.0/5 > **Peter** | *1 December 2022* | Government Administration | Recommendation rating: 10.0/10 > > **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. > > 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. ----- ### "Essential ERM is straightforward and stregthens the ERM Program" — 4.0/5 > **Verified Reviewer** | *20 January 2024* | Banking | Recommendation rating: 10.0/10 > > **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. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/63593/essential-erm?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/63593/essential-erm) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data