Parapet logo

Parapet

by Vigilant Software
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ActiveAvailable globallyCloud
Quick facts
VendorVigilant Software
Year launchedN/A
StatusActive
Location166 Featherston Street, Wellington, New Zealand
Countries servedGlobal
Languages11
Integrations3+
Free tierN/A
Free trialN/A
Contact salesYES

About Parapet

Parapet is a risk management software from Vigilant Software that helps organizations identify and assess risks. It provides features such as risk assessment tools, reporting capabilities, and compliance management, so users can effectively manage potential threats to their operations. Parapet supports customizable risk matrices and integrates with existing systems to ensure a comprehensive approach to risk management. Users can also benefit from automated reporting functions to maintain compliance with industry standards. Key capabilities: risk assessment tools reporting capabilities compliance management customizable risk matrices automated reporting functions Best for: organizations that need to manage and mitigate risks effectively.

Parapet by Parapet is a powerful Integrated Risk Management (IRM) platform that unifies governance, strategy, and compliance, offering organizations a comprehensive approach to managing risk. Designed to provide real-time insights and streamline workflows, Parapet enables businesses to make informed decisions and enhance their overall risk posture. The platform supports enterprise risk management, IT risk management, vendor management, and audit management, ensuring that all aspects of an organization’s risk exposure are addressed in one unified system. By integrating various risk data sources and offering automated processes, Parapet simplifies traditionally complex risk management tasks, making it an essential tool for organizations aiming for a proactive and structured approach to risk mitigation. One of Parapet’s standout features is its user-friendly interface, which is designed with accessibility and intuitive navigation in mind. The platform aims to eliminate the need for extensive training, emphasizing ease of use through clear dashboards and streamlined tools. While specific design elements are not extensively detailed, Parapet prioritizes functionality over unnecessary complexity, ensuring that users can quickly access and interpret risk data without being overwhelmed.

Pros & Cons

Pros
  • No barriers to entry, with all functionalities accessible from day one.
  • Exceptional user experience and intuitive interface requiring no training.
  • Comprehensive integrated risk management (IRM) platform supporting governance, compliance, and operational activities.
  • Features real-time insights, automated workflows, and risk assessments for informed decision-making.
  • Scalable solutions covering enterprise risks, IT risks, vendor management, compliance, and more.
  • Time-saving with automation in audits, remediation, and monitoring.
  • Adaptable to organizations of all sizes and maturity levels.
  • Seamless integration with existing systems for enhanced efficiency.
Cons
  • Steep learning curve for new users
  • Limited customization options for reports and templates
  • Slow response time for customer support requests

Features

Key features

Unified Risk Management

Improves risk oversight by integrating risk data from across the organization.

Real-Time Insights

Improves decision-making by providing up-to-date risk information.

Risk Assessments

Improves risk identification by providing tools to assess potential risks.

Automated Workflows

Improves efficiency by automating risk management processes.

Enterprise Risk Management

Improves strategic planning by managing risks across all operations.

IT Risk Management

Improves data security by identifying and mitigating IT risks.

Vendor Management

Improves supply chain security by managing vendor relationships and risks.

Additional features

Unified Risk Management

Improves risk oversight by integrating risk data from across the organization.

Real-Time Insights

Improves decision-making by providing up-to-date risk information.

Risk Assessments

Improves risk identification by providing tools to assess potential risks.

Automated Workflows

Improves efficiency by automating risk management processes.

Enterprise Risk Management

Improves strategic planning by managing risks across all operations.

IT Risk Management

Improves data security by identifying and mitigating IT risks.

Vendor Management

Improves supply chain security by managing vendor relationships and risks.

Audit Management

Improves audit efficiency by automating audit scheduling and assignments.

Business Continuity Management

Improves resilience by developing strategies for seamless operations.

Remediation Management

Improves compliance by automating reporting and monitoring remediation schedules.

Assurance Management

Improves compliance by automating assurance schedules and notifications.

Compliance Management

Improves regulatory adherence by monitoring compliance activities in real time.

Environmental Health and Safety (EHS) Management

Improves workplace safety by automating EHS processes.

Third-Party Risk Management

Improves risk mitigation by providing oversight of supplier risks.

Continuous Monitoring of Vendors

Improves vendor risk management by providing real-time insights into potential risks.

Automated Assessments

Improves vendor risk management efficiency by automating vendor risk evaluations.

Scalable Risk Management

Improves adaptability by providing solutions for organizations of all sizes.

Automated Notifications

Improves time sensitive response by notifying relevant staff when assurance activities are due.

Pricing

Free trial
Free version
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Monthly plans

Enterprise Plan
USD 1/mo
billed monthly

Countries & Languages

Global
Countries served
11
Interface languages
8
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianArabicChineseJapanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇳CNY🇮🇳INR

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