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Ideagen Risk Management description
Ideagen Risk Management helps mid-sized companies get a handle on the risks that could impact their business. It provides a centralized system to record, assess, and report on all types of risks. The software allows you to set up your own scoring criteria and easily create reports to share with stakeholders. Ideagen Risk Management helps you move away from error-prone spreadsheets to a more secure, automated system. It also helps ensure compliance with various regulations and standards like ISO and ESG.
Who is Ideagen Risk Management best for
Ideagen Risk Management is ideal for mid-sized companies seeking a centralized system to record, assess, and report on all types of risks. We find that users particularly appreciate the user-friendly interface, automated workflows, and customizable risk scoring. Keep in mind that some users find the initial setup complex and report editing difficult.
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Great for mid-sized firms (101-1000 employees) seeking a centralized risk system. Also a solid fit for larger enterprises.
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In our experience, Ideagen Risk Management shines in finance, banking, insurance, software, IT, telecom, and non-profit/government sectors.
Ideagen Risk Management features
Supported Compliance with regulations and standards: Comply with all relevant regulations and standards including ISO, ESG, and financial conduct. |
Supported Workflow automation and notifications: Automate workflows and set up notifications to cut the time spent chasing follow-up actions. |
Supported Customizable formulas and scoring: Set your own formulas and scoring criteria – it isn’t dictated by the software. |
Supported Centralized ORCT library: Centralized library for objectives, risks, controls and tasks (ORCT) that’s easy to access and keep up to date. |
Supported Unified risk platform: Gain a comprehensive view of all your risks, from strategic to operational, in a single, unified platform. |
Supported Improved risk visibility: Provides enhanced visibility into risk levels and control effectiveness, enabling better decision-making. |
Supported Risk and control monitoring: Monitor risks and controls with dashboards and reports to track changes, trends, and potential problem areas proactively. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Ideagen Risk Management reviews
We've summarised 33 Ideagen Risk Management reviews (Ideagen Risk Management G2 reviews) and summarised the main points below.
- User-friendly interface, easy to navigate.
- Centralized system for risk, performance, and KPI management.
- Automated notifications and workflows.
- Customizable risk scoring and assessments.
- Flexible reporting features with personalized portals.
- Difficult reporting features, especially creating custom reports and graphs.
- Classic version required for some features, like report editing.
- Initial setup can be complex and time-consuming.
- "Ideagen Classic" version is considered hard to use.
- Limited API integrations with other platforms like PowerBI.
Ideagen Risk Management pricing
The commentary is based on 5 reviews from Ideagen Risk Management G2 reviews.
We find that users consider Ideagen Risk Management a valuable tool, especially for its features and compliance capabilities. While some users find it a bit expensive, others appreciate its affordability compared to alternatives. Overall, the pricing seems reasonable considering the benefits it offers.
Users sentiment
Ideagen Risk Management alternatives
IBM Security Guardium Data Risk ManagerFinds sensitive data, assesses risks, and guides protection.Read more
Ideagen Risk Management FAQ
Ideagen Risk Management is a centralized risk management system designed for mid-sized companies. We find that it helps businesses record, assess, and report on various risks, moving from spreadsheets to an automated system. It offers customizable scoring, reporting features, and compliance support for standards like ISO and ESG.
What is Ideagen Risk Management and what does Ideagen Risk Management do?
Ideagen Risk Management is a centralized risk management system designed for mid-sized companies. We find that it helps businesses record, assess, and report on various risks, moving from spreadsheets to an automated system. It offers customizable scoring, reporting features, and compliance support for standards like ISO and ESG.
We find that Ideagen Risk Management offers limited API integrations. It lacks robust connectivity with popular tools like PowerBI, which may be a drawback for some users.
How does Ideagen Risk Management integrate with other tools?
We find that Ideagen Risk Management offers limited API integrations. It lacks robust connectivity with popular tools like PowerBI, which may be a drawback for some users.
We find that Ideagen Risk Management's main competitors include AuditBoard, A1 Tracker, Resolver, and IBM Security Guardium Data Risk Manager. These alternatives offer similar risk management capabilities, often with different focuses like compliance or data security.
What the main competitors of Ideagen Risk Management?
We find that Ideagen Risk Management's main competitors include AuditBoard, A1 Tracker, Resolver, and IBM Security Guardium Data Risk Manager. These alternatives offer similar risk management capabilities, often with different focuses like compliance or data security.
Yes, Ideagen Risk Management is a legitimate risk management software solution. It's generally well-regarded for its user-friendly interface and centralized system. However, be aware that some users have reported difficulties with reporting features and initial setup.
Is Ideagen Risk Management legit?
Yes, Ideagen Risk Management is a legitimate risk management software solution. It's generally well-regarded for its user-friendly interface and centralized system. However, be aware that some users have reported difficulties with reporting features and initial setup.
I'm sorry, but Ideagen Risk Management pricing is not publicly available. Contact their sales team directly to get a personalized quote.
How much does Ideagen Risk Management cost?
I'm sorry, but Ideagen Risk Management pricing is not publicly available. Contact their sales team directly to get a personalized quote.
We find that Ideagen Risk Management's customer service is generally viewed positively. Users appreciate the responsive service and helpful support team. While some documentation could be improved, the overall sentiment towards customer service is favorable.
Is Ideagen Risk Management customer service good?
We find that Ideagen Risk Management's customer service is generally viewed positively. Users appreciate the responsive service and helpful support team. While some documentation could be improved, the overall sentiment towards customer service is favorable.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.