Targetor Risk Management logo

Targetor Risk Management

by Targetor Oy
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Quick facts
VendorTargetor Oy
Year launchedN/A
StatusActive
LocationKasarmintie 13, 90130 Oulu, Finland
Countries servedN/A
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About Targetor Risk Management

A cloud-based risk management tool for organizations to identify, classify, assess, and manage risks. It provides visual risk maps and matrices, real-time monitoring, and reporting capabilities. The software also supports internal control processes.

Targetor Risk Management is a specialized software solution from Finnish company Targetor Oy, designed to systematize how organizations handle risks. The tool operates as a real-time cloud service, centralizing risk identification, assessment, and management. Key features include customizable risk matrices (from 2x2 to 6x6), visual risk maps for a quick overview, and tools for defining and tracking mitigation measures. The platform also supports internal control functions with pre-built templates. It can be integrated with Targetor's strategic management tool, Targetor Pro, to align risk management with broader organizational objectives. The service is hosted entirely in Finland. The website is in Finnish, and no pricing information is publicly available, indicating that a sales inquiry is necessary for evaluation. Support is available via email and phone.

Pros & Cons

Pros
  • Centralizes risk management, replacing disparate spreadsheets.
  • Provides clear visual tools like risk maps and matrices for easy comprehension.
  • Supports internal control processes with built-in templates.
  • Integrates with a strategic management system (Targetor Pro) to link risk to goals.
  • All data is securely hosted on servers located in Finland.
Cons
  • The official website and product information are only available in Finnish.
  • Pricing is not publicly available and requires contacting the sales team.
  • The product appears to be primarily targeted at Finnish organizations, particularly in the public sector.

Features

Key features

Risk Assessment and Classification

Classify and evaluate risks, with the system automatically determining risk value and level based on probability and impact.

Visual Risk Matrix and Map

Provides an at-a-glance view of the organization's or a specific unit's risk situation through informative risk matrices and maps.

Customizable Templates

Offers ready-made, fully customizable templates for risk management and internal control, including risk card models and matrix models (e.g., 3x3, 5x5).

Real-Time Monitoring

Allows for real-time tracking of risk management measures and risk realization in a centralized cloud-based system.

Integrated Reporting

Generate reports from all risk-related content for publication or further processing in Word.

Additional features

Internal Control Support

Includes several templates to facilitate the implementation of internal controls.

Centralized Risk Data

Eliminates scattered risk spreadsheets by consolidating all risk information into a single, securely backed-up platform.

Integration with Strategy

Can be seamlessly integrated with the Targetor Pro strategic management system to link risks directly to organizational goals.

Finnish Data Hosting

All servers are located in Finland, ensuring data is handled under Finnish data security laws.

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

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Countries served
1
Interface languages
—
Billing currencies

Interface languages

Finnish

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