About Riskonnect GRC
Riskonnect GRC is a governance, risk, and compliance software platform from Riskonnect that helps organizations manage risk and ensure compliance. It combines risk management, compliance management, and audit management so that organizations can have a comprehensive view of their risk landscape. The platform also supports incident management and corrective action tracking to promote organizational accountability. Riskonnect GRC is designed to improve decision-making by providing real-time insights and data analytics on risk and compliance statuses. Key capabilities: risk assessment compliance tracking audit management incident reporting data analytics Best for: organizations that need to manage compliance and risk effectively.
Riskonnect GRC is a comprehensive Governance, Risk, and Compliance platform designed to give organizations a unified, real-time view of their entire risk environment, and its strength lies in how well it consolidates risk data from multiple sources into a single, cloud-based system. The interface is generally intuitive for day-to-day users, with customizable dashboards and mobile accessibility, although administrators often face a steep learning curve due to the depth of configuration options. Its functionality is one of its strongest advantages: the platform connects risks, controls, assessments, documentation, and KRIs in a way that helps organizations understand how issues relate to each other, while intelligent automation handles repetitive tasks like control testing, alerts, and data collection. Riskonnect’s broad suite of modules spans enterprise risk, compliance, internal audit, ESG, AI governance, third-party risk, and resilience, giving teams the flexibility to scale their program over time. Performance is robust, with the system reliably handling large data volumes and providing fast, actionable insights that reduce manual workload and support better decision-making.
Pros & Cons
- Single source of truth connecting all risk disciplines (ERM, Compliance, Audit, TPRM, ESG).
- Automates workflows, control testing, and data collection, saving significant time (ROI proven).
- Monitors KRIs and delivers automatic alerts, enabling proactive risk management.
- Easily customized by power users to adapt to evolving regulations and business needs.
- Implementation and deep customization often require specialized services.
- Some users note that the rollout of new features and integrations can be slow.
Features
Key features
Brings all risk, compliance, and audit data into a single, trusted source of truth for the entire organization.
Speeds up data collection and validation by automating processes, freeing up time for strategic risk mitigation.
Allows monitoring of important Key Risk Indicators (KRIs) and provides automatic alerts when acceptable thresholds are crossed.
Provides a comprehensive suite by covering all core areas, including Enterprise Risk Management, Compliance, Internal Audit, and IT Risk.
Clearly shows the connections between risks, controls, assessments, and documentation to provide the full picture of potential impact.
Facilitates collaboration across functions (risk, compliance, audit) to streamline communication and leverage team knowledge for better decision-making.
Additional features
Brings all risk and compliance data into a single, trusted source of truth.
Breaks down silos and streamlines processes to improve risk communication among professionals.
Taps into the collective intelligence of cross-functional teams for smart, rapid risk mitigation and opportunity capitalization.
A core module for identifying, assessing, and managing enterprise-wide risks.
A core module to help manage and meet regulatory and internal compliance obligations.
A core module for managing the creation, distribution, and acceptance of organizational policies.
A core module for tracking and ensuring the effectiveness of internal controls.
A core module dedicated to assessing and mitigating risks related to information technology.
A core module for managing the risks and compliance related to artificial intelligence initiatives.
A core module for assessing and monitoring risks associated with vendors and third parties.
A core module for identifying and managing risks within organizational projects.
A core module to manage the internal audit lifecycle, including planning and execution.
A core module to manage, track, and report on ESG initiatives and risks.
A core module to align risk management with overall business strategy.
Allows users to track the status of risk assessments and note changes to key indicators.
Visually displays the connections between risks, controls, assessments, accountability, and documentation.
Automates workflows to speed up data collection and validation, freeing up time for strategic tasks.
Allows real-time monitoring of Key Risk Indicators (KRIs) to respond to oncoming risk events.
Pricing
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About Riskonnect GRC
Riskonnect GRC is a governance, risk, and compliance software platform from Riskonnect that helps organizations manage risk and ensure compliance. It combines risk management, compliance management, and audit management so that organizations can have a comprehensive view of their risk landscape. The platform also supports incident management and corrective action tracking to promote organizational accountability. Riskonnect GRC is designed to improve decision-making by providing real-time insights and data analytics on risk and compliance statuses. Key capabilities: risk assessment compliance tracking audit management incident reporting data analytics Best for: organizations that need to manage compliance and risk effectively.
Riskonnect GRC Details
Riskonnect GRC's In-App Market Place
Does Riskonnect GRC have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
No
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽), MXN ($), SGD (S$), HKD (HK$), SEK (kr), NZD (NZ$), KRW (₩)
Pros & Cons
- Single source of truth connecting all risk disciplines (ERM, Compliance, Audit, TPRM, ESG).
- Automates workflows, control testing, and data collection, saving significant time (ROI proven).
- Monitors KRIs and delivers automatic alerts, enabling proactive risk management.
- Easily customized by power users to adapt to evolving regulations and business needs.
- Implementation and deep customization often require specialized services.
- Some users note that the rollout of new features and integrations can be slow.
Riskonnect GRC's Support Options
Email Address
info@riskonnect.comContact
+1 770 790 4700Riskonnect GRC's Alternatives
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