Active Risk Manager and Riskonnect are competitive solutions in the risk management space, with Riskonnect having an edge due to its comprehensive features appealing to tech buyers seeking robust functionality.
Features: Active Risk Manager offers centralized risk registers, extensive analytics, and satisfactory pricing. Riskonnect distinguishes itself with extensive integrations, real-time data visualization, and superior feature offerings that provide diverse functionality.
Ease of Deployment and Customer Service: Active Risk Manager presents a straightforward deployment model with reliable service. Riskonnect features a cloud-based system simplifying deployment and is supported by dedicated, hands-on assistance, offering more user-centric onboarding.
Pricing and ROI: Active Risk Manager is competitive in pricing with reasonable setup costs, delivering a steady ROI over time. Riskonnect may require a higher initial investment but is perceived to offer greater ROI through efficient scalability and streamlined risk management, justifying the cost difference.
| Product | Market Share (%) |
|---|---|
| Riskonnect | 1.3% |
| Active Risk Manager | 1.5% |
| Other | 97.2% |
Active Risk Manager offers comprehensive risk management solutions tailored to knowledgeable professionals. It provides a structured platform to identify, assess, manage, and report risks effectively, enhancing decision-making and operational resilience.
Active Risk Manager addresses diverse business challenges with its robust features, supporting businesses in mitigating potential risks and maximizing opportunities. Known for its adaptability, it integrates seamlessly into business processes, helping organizations navigate complex risk landscapes. With its focus on proactive risk management, Active Risk Manager ensures that companies can anticipate and adapt to changing risks, thereby safeguarding their strategic objectives and daily operations.
What are the most important features of Active Risk Manager?Active Risk Manager is applied across industries like finance, healthcare, and manufacturing, where it supports compliance and risk mitigation efforts. In finance, it helps manage strategic and operational risks, while healthcare uses it to address patient safety and data protection concerns. Manufacturing relies on it to ensure safety and supply chain resilience.
Riskonnect, Inc. is the only provider of true Integrated Risk Management solutions. Riskonnect is the trusted, preferred source of Integrated Risk Management technology, offering a growing suite of solutions on a world-class cloud computing model that enable clients to elevate their programs for management of all risks across the enterprise. Riskonnect allows organizations to holistically understand, manage and control risks, positively affecting shareholder value.
Riskonnect’s highly configurable technology is ideal for forward-thinking organizations facing increased scrutiny and accountability for corporate governance, strategy and strategic risk. Our solutions facilitate the ability to plan for and respond intelligently to all risks that could potentially harm an organization and its competitive position, damage corporate reputation and/or restrict strategic growth.
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