My 6 Picks for the Greatest Enterprise Threat Administration Software program

I’ve at all times believed chaos is only a signal of a lacking system.

So, after I began noticing how usually threat exhibits up quietly in delayed approvals, compliance evaluations, or sudden dependencies, it obtained me considering: how do enterprise groups keep forward of all this with out getting buried in it?

That curiosity led me to discover how firms handle threat at scale. Not from a distance however by digging into the software program that helps them monitor points, preserve compliance, and make sooner, extra knowledgeable choices.

To write down this information on the greatest enterprise threat administration software program, I reviewed suggestions on 20+ platforms, specializing in how effectively they deal with threat identification, real-time reporting, compliance workflows, automation, and cross-functional visibility.

Under are the six instruments that stood out for his or her readability, flexibility, and skill to assist groups transfer ahead with out second-guessing what would possibly go incorrect.

Why these are the perfect enterprise threat administration software program

It’s straightforward to imagine threat administration is all about compliance, however the extra I explored, the extra I spotted it’s actually about readability. Readability in decision-making, accountability, and how briskly a enterprise can reply when one thing doesn’t go as deliberate.

That’s what I saved in thoughts whereas evaluating these instruments. I wasn’t simply on the lookout for software program that would monitor dangers. I paid shut consideration to how every handles complexity with out turning into a part of the issue. Did customers say it surfaced the fitting data on the proper time? May it adapt to completely different frameworks? Was it serving to groups work collectively or slowing them down?

Some instruments checked all of the packing containers however nonetheless got here off as inflexible. Others provided loads of flexibility however lacked the construction groups wanted to scale. Those that stood out primarily based on what I discovered in person evaluations balanced each standards, which earned them a spot on this listing.

What I appeared for in the perfect ERM software program

I thought of the next components when evaluating the perfect enterprise threat administration software program.

• Centralized threat visibility: A transparent, consolidated view of dangers throughout enterprise models is on the coronary heart of any robust ERM platform. I prioritized instruments that made it straightforward to map and categorize dangers, hyperlink them to controls, and monitor them in actual time. Bonus factors if the platform supported heatmaps, threat scoring, and clear possession assignments.
• Automated compliance and audit workflows: Manually managing frameworks like SOX, ISO 31000, or GDPR is a large time sink. I appeared intently at platforms that provided built-in compliance workflows, doc administration, and automatic proof assortment for audits. The perfect instruments assist streamline management testing and make staying prepared for audit season year-round simpler.
• Help for a number of threat sorts and frameworks: Each enterprise manages a mixture of dangers from operational and reputational to cyber and third-party. I evaluated how effectively every platform dealt with completely different threat classes and whether or not they provided versatile, customizable frameworks to assist varied industries and use instances.
• Customization and scalability: I appeared for platforms that allowed tailor-made workflows, customized threat assessments, adaptable scoring fashions, and role-based permissions. The perfect enterprise threat administration software program scales up with organizational complexity with out turning into too inflexible or overwhelming.
• Cross-functional collaboration: Threat doesn’t sit in a silo; it touches each workforce. I prioritized platforms that supported collaboration between threat, compliance, IT, authorized, finance, and ops.
• Integrations and knowledge sharing: Whether or not pulling knowledge from human assets data system (HRIS), GRC, vendor administration, or cybersecurity instruments, the perfect ERM software program shouldn’t function in a vacuum. I centered on platforms that made connecting present methods straightforward, automated knowledge circulation, and eradicated guide entry throughout groups.
• Reporting and government insights: I additionally paid shut consideration to reporting instruments. The strongest platforms delivered clear, customizable reviews that helped flip uncooked knowledge into action-ready insights.

The listing under accommodates real person evaluations from the ERM software program class web page. To be included on this class, an answer should:

• Catalog, assess, and mitigate business-specific dangers akin to monetary or well being and security
• Present instruments to speak dangers to staff, prospects, distributors, and suppliers
• Create, preserve, and implement company insurance policies and guidelines for inner and exterior use
• Preserve an up-to-date repository of legal guidelines, laws, and business requirements
• Assist customers plan, implement, and monitor the efficiency of audit packages and duties
• Guarantee enterprise continuity administration by way of incident administration and threat mitigation
• Ship coaching and studying for compliance functions, together with certifications
• Carry out third-party, vendor, and provider threat assessments and due diligence
• Help a number of threat administration methodologies, akin to quantitative and qualitative
• Collect and analyze environmental, social, and governance (ESG) knowledge from varied sources

*This knowledge was pulled from G2 in 2025. Some evaluations might have been edited for readability.

AuditBoard is a threat and compliance platform that’s broadly used for inner audit, SOX, and enterprise threat administration. It’s designed to assist groups handle controls, monitor documentation, and collaborate on audit workflows from one centralized area.

One of the constant themes I seen in G2 evaluations was how straightforward AuditBoard is to make use of. Reviewers repeatedly known as out its intuitive format, clear UI, and the truth that even new workforce members may discover their method round with out a lot hand-holding. In comparison with extra inflexible GRC instruments, AuditBoard appears to decrease the barrier to getting began, particularly for management homeowners outdoors the audit workforce.

Audit administration was a frequent subject within the suggestions I reviewed. Customers talked about how useful the platform is for organizing testing, linking controls to dangers, and managing walkthroughs or proof in a single place. A number of reviewers appreciated that it streamlined their audit cycle and made collaboration between auditors, stakeholders, and exterior groups extra environment friendly.

Buyer assist was one other robust level throughout evaluations. I seen a number of customers declaring how responsive and educated the assist workforce is, significantly throughout onboarding or when rolling out new options. A couple of even mentioned that accessing useful reps made the distinction between a rocky and a clean implementation.

That mentioned, not every little thing is seamless. Whereas the interface will get excessive marks total, reviewers famous a studying curve with regards to a number of the extra superior or newer options. A number of talked about that documentation or coaching assets might be improved for groups scaling up or including extra modules.

One other theme that popped up within the evaluations I evaluated was associated to syncing and integrations. A number of customers talked about points connecting AuditBoard with exterior instruments, primarily reporting or knowledge visualization platforms. Some discovered the sync inconsistent, which created friction throughout audits or government reporting cycles.

What I dislike about AuditBoard:

• I noticed fairly just a few reviewers point out that there’s a studying curve when rolling out newer options or modules.
• Syncing got here up as a recurring ache level, particularly for groups utilizing exterior reporting instruments. I think about the challenges of counting on these connections and never having them work constantly.

What G2 customers dislike about AuditBoard:

“AuditBoard doesn’t do the perfect with letting purchasers learn about points taking place inside their system which are impacting customers, and generally we solely discover out after we submit a service desk ticket. Examples embody occasions after we couldn’t obtain our testing paperwork, and this was a identified situation affecting a number of prospects, but we didn’t be taught that this situation was being labored on till after a ticket was submitted. Buyer assist does do effectively with working with you as soon as a ticket is submitted, which is constructive; I simply assume they might be extra proactive.”

– AuditBoard Evaluation, Nick N.

Workiva is an enterprise platform identified for simplifying advanced reporting, compliance, and threat workflows. Finance, audit, and threat groups use it to handle controls, collaborate on paperwork, and align reporting with regulatory necessities.

One factor that got here by way of strongly within the G2 evaluations I evaluated was how effectively Workiva handles reporting. Customers constantly known as out how straightforward it’s to hyperlink knowledge, construct reviews, and preserve consistency throughout every little thing from threat matrices to board-level summaries. In accordance with G2 suggestions, the platform appears significantly well-suited for giant groups that must hold every little thing audit-ready with out chasing spreadsheets.

Collaboration was one other main energy throughout the evaluations I appeared by way of. Groups talked about that it’s straightforward to work on stay paperwork, assign duties, and hold communication centralized, whether or not managing a quarterly report or a full enterprise threat evaluate. Primarily based on what I learn, that cross-functional transparency is an enormous win for threat groups that don’t function in a silo.

Reviewers additionally usually described Workiva as their “single supply of reality.” I noticed a number of mentions of model management, knowledge linking, and the power to keep away from duplicate work throughout groups. That reliability appears particularly priceless in enterprise environments the place one misstep in documentation can create downstream dangers.

Nevertheless, a number of reviewers flagged a studying curve, particularly throughout onboarding or configuring extra superior workflows. For groups new to ERM software program or these with out devoted platform assist, it may take time to get totally on top of things.

I additionally got here throughout a number of evaluations that described the setup as time-consuming. Whereas the platform clearly has depth, some customers felt the implementation effort was heavier than anticipated, particularly when managing a number of frameworks or migrating from legacy methods.

What I dislike about Workiva:

• A number of evaluations talked about the educational curve, particularly for brand spanking new customers. I think about establishing advanced workflows would take time with out robust assist.
• I additionally noticed feedback in regards to the setup course of feeling heavier than anticipated. If I had been rolling it out company-wide, I’d need to plan for this upfront.

What G2 customers dislike about Workiva:

“Fairly often, connection could be very sluggish. There are options to be improved akin to – formulation, pivots. Additionally, there isn’t a present option to share paperwork with an enormous group of individuals with out giving entry to every one to Workiva – for instance, a bunch of 10000 individuals inside one group.”

– Workiva Evaluation, Kristian T.

Scrut Automation is a compliance and threat administration platform designed to assist firms simplify their audit readiness processes throughout frameworks like ISO 27001, SOC 2, and GDPR. It’s particularly fashionable with fast-growing groups trying to substitute guide monitoring with one thing extra structured and automatic.

As I learn by way of G2 evaluations, one factor that got here up usually was how straightforward Scrut is to make use of. Reviewers described the platform as clear, easy, and easy to navigate. It helps groups keep engaged with no need lengthy onboarding classes.

Automation additionally stood out throughout the evaluations I checked out (it is within the identify). Scrut helps streamline recurring duties like proof assortment, threat assessments, and management testing. A number of customers talked about how a lot time it saved their groups throughout audits and inner evaluations, particularly in comparison with doing every little thing manually.

The platform’s built-in assist for frameworks like ISO 27001 and SOC 2 was one other robust theme. Primarily based on person suggestions, Scrut appears to return pre-configured with lots of what groups must get began: insurance policies, controls, and job templates, so that they’re not constructing their packages from scratch.

Some reviewers identified that Scrut’s threat administration options aren’t as versatile as they’d like. A couple of famous challenges in categorizing dangers or adapting frameworks to their particular organizational setup.

I additionally seen a handful of evaluations mentioning occasional slowness or bugs within the UI. If you happen to’re managing excessive volumes of knowledge, that’s one thing to remember.

What I dislike about Scrut Automation:

• Some reviewers mentioned the danger administration options weren’t as versatile or constructed out as different areas. If I had been operating a extra advanced ERM program, I’d need to discover that fastidiously.
• I additionally noticed just a few feedback about occasional bugs or sluggish load occasions. It’s not a dealbreaker, however I’d need to ensure efficiency stays constant over time.

What G2 customers dislike about Scrut Automation:

“At occasions, there’s a delay in syncing adjustments inside Google Workspace (Gsuite), akin to newly added staff, So it creates confusion as to why my worker rely is exhibiting much less.”

– Scrut Automation Evaluation, Sandeep S.

Hyperproof helps organizations handle threat, streamline compliance, and keep audit-ready throughout a number of frameworks. It’s usually utilized by groups navigating SOC 2, ISO 27001, HIPAA, and different requirements, with a powerful concentrate on proof administration and ongoing monitoring.

As I reviewed G2 suggestions, I seen how usually Hyperproof was praised for supporting a number of compliance frameworks in a single place. Customers shared that it helped them scale back duplicate work by centralizing controls, linking proof, and reusing documentation throughout audits. For groups juggling overlapping necessities, the flexibleness right here makes an actual distinction.

Proof assortment was additionally a typical energy theme. In accordance with the evaluations I combed by way of, the platform makes it straightforward to assign duties, add proof, and monitor audit progress with out always checking in throughout groups. It’s particularly useful when deadlines are tight, or audits are taking place concurrently.

One thing else that stood out was how usually customers talked about the Hyperproof workforce itself. I noticed a number of evaluations calling out proactive onboarding, quick assist responses, and common check-ins from buyer success reps. For a product this deep, that sort of partnership could make or break the expertise.

There have been, nonetheless, some mentions of a studying curve. A couple of customers famous that it took time to completely perceive tips on how to arrange packages or unlock the platform’s full potential, extra so for groups managing advanced threat eventualities.

Customization limitations additionally got here up in evaluations, significantly round dashboards and templates. Some customers felt restricted in how a lot they might tailor the interface to suit their inner workflows or reporting preferences.

What I dislike about Hyperproof:

• A number of customers famous a studying curve, particularly throughout early implementation. I’d in all probability desire a strong onboarding plan in place to take advantage of it.
• I additionally got here throughout suggestions about restricted dashboard customization. If you wish to get extremely tailor-made views or reviews, you have to affirm what’s attainable upfront.

What G2 customers dislike about Hyperproof:

“The dashboard lacks customization choices, and the inner reporting characteristic falls wanting expectations, as it’s also non-customizable. Hyperproof’s steered answer is to make use of Snowflake integration to extract knowledge and generate reviews. Moreover, a customizable, template-based questionnaire for assessments shouldn’t be out there.”

– Hyperproof Evaluation, Sathish S.

Fusion Framework System is constructed for threat and resilience groups managing advanced operations, incidents, and continuity planning. Giant enterprises use it to centralize threat processes and put together for potential disruptions.

Throughout the G2 evaluations I examined, threat administration constantly emerged as a powerful level. Customers shared how Fusion helps them keep on prime of threat assessments, monitor mitigation efforts, and reply sooner when points come up. A couple of talked about that having a centralized view helped their groups higher align priorities throughout departments.

Enterprise continuity and catastrophe restoration had been additionally generally talked about within the suggestions I reviewed. Many customers mentioned how Fusion helps doc response plans, assign roles, and simulate eventualities, strengthening groups’ operational resilience. It appears to supply the sort of construction wanted when preparation can’t afford to be reactive.

I additionally seen a number of reviewers commenting on how approachable the platform feels as soon as it’s up and operating. Customers described the interface as adaptable, significantly when configuring dashboards or navigating day-to-day workflows.

That mentioned, attending to that time takes some effort. I got here throughout just a few evaluations that point out a steep studying curve throughout implementation, particularly when establishing extremely personalized packages.

Buyer assist got here up in just a few evaluations as an space that would enhance. Whereas not a dealbreaker, some customers mentioned they’d’ve appreciated extra hands-on assist throughout rollout or when troubleshooting particular use instances.

What I dislike about Fusion Framework System:

• A number of customers described the educational curve as steeper than anticipated. Earlier than diving in, I’d need to be certain that there is a clear implementation plan in place.
• A couple of evaluations talked about assist might be extra proactive. If I had been managing a time-sensitive rollout, I’d need to double-check the extent of assist out there.

What G2 customers dislike about Fusion Framework System:

“An space that Fusion Framework System may think about revising is the graphical person interface as a result of it’s relatively medley to novice customers. This has made the educational technique of the workforce sluggish and required extra coaching to get acquainted with and make the most of all of the options of the app. Furthermore, the software program has nearly each setting adjustable, with their administration time-consuming and generally requiring professional-level information. Such components have at occasions restricted means to completely unlock worth from the software program capabilities as desired.”

– Fusion Framework System Evaluation, Martin B.

IBM OpenPages permits organizations to handle advanced threat, compliance, and audit workflows. It’s constructed for scale, with deep performance throughout threat domains and integrations with IBM’s AI and knowledge platforms.

One of the constant patterns I noticed in G2 evaluations was OpenPages’ energy in threat administration. Customers shared that it helped them construct structured workflows for figuring out, assessing, and monitoring dangers throughout their organizations. A number of reviewers famous that it was instrumental in extremely regulated industries the place threat oversight must be hermetic.

One other standout characteristic throughout the evaluations I learn was the integration with IBM Watson. In accordance with customers, the platform leverages pure language processing to automate duties like reviewing insurance policies, parsing documentation, or figuring out dangers from unstructured knowledge. That AI-driven strategy appears to set OpenPages aside from extra conventional GRC methods.

There have been additionally indicators that OpenPages can assist a variety of threat sorts. Whereas reviewers didn’t at all times listing them out instantly, I noticed mentions of modules for third-party threat administration, incident monitoring, coverage administration, and audit workflows. Primarily based on what I learn, it feels versatile sufficient to adapt to completely different threat features relying on the group’s wants.

All mentioned and performed, OpenPages isn’t one thing most groups can roll out in a single day. A number of evaluations referenced a posh implementation course of that required robust inner alignment and assist from IBM to get it proper. It’s highly effective however clearly constructed for firms with the assets to handle a large-scale deployment.

Price got here up just a few occasions as effectively. Whereas reviewers didn’t name it out as a significant situation, just a few talked about that the worth level and useful resource necessities could be higher suited to giant enterprises than mid-sized groups.

What I dislike about IBM OpenPages:

• Implementation seems like a venture in itself. Earlier than taking it on, I’d need to guarantee we had the fitting inner assist.
• Price wasn’t the most important criticism, nevertheless it did come up. For a mid-sized enterprise, I’d in all probability must weigh the long-term worth in opposition to the preliminary funding.

What G2 customers dislike about IBM OpenPages:

“The Price is excessive as in comparison with different GRC instruments, and there are some hurdles in person adoption.”

– IBM OpenPages Evaluation, Vishal D.

It is determined by what your workforce wants, however primarily based on my analysis of G2 evaluations, AuditBoard and Workiva constantly stand out. AuditBoard is praised for its user-friendly interface and powerful audit capabilities, making it a fantastic match for inner audit groups. Workiva excels in reporting and cross-team collaboration, particularly in regulated industries.

2. What’s the greatest enterprise threat administration software program for banks?

For banking and monetary companies, IBM OpenPages and Workiva are two robust selections. OpenPages is designed for enterprise-scale implementations and helps strong threat modeling, compliance monitoring, and integration with IBM Watson for automation. Workiva, alternatively, presents glorious real-time reporting and model management, which is effective for regulatory reporting and audit readiness in monetary establishments.

3. What are some ERM instruments for insurance coverage firms?

Primarily based on what I’ve seen in G2 evaluations, insurance coverage firms would possibly think about just a few instruments: Fusion Framework System for continuity planning and incident response, AuditBoard for audit and compliance administration, and Hyperproof for proof monitoring and multi-framework compliance. These platforms provide completely different strengths relying on how your insurance coverage workforce constructions threat and compliance internally.

4. Which ERM instruments are greatest for compliance automation?

Scrut Automation, Hyperproof, and Workiva are all strong picks for groups trying to streamline compliance. Scrut stands out for its pre-built assist for ISO 27001 and SOC 2, whereas Hyperproof makes it straightforward to handle a number of frameworks with out duplicating work. Workiva ties automation on to reporting and audit documentation, which is useful for recurring compliance cycles.

5. Which enterprise threat administration instruments provide the perfect reporting options?

Workiva is incessantly praised for its real-time reporting, government dashboards, and knowledge linking throughout groups. It’s useful for organizations that must current clear, audit-ready insights to management or exterior stakeholders.

Dangerous enterprise? Not anymore

Managing threat doesn’t must imply limitless spreadsheets and crossed fingers. The perfect enterprise threat administration software program helps groups keep aligned, audit-ready, and a step forward.

From simplifying proof assortment to mapping dangers throughout frameworks, the instruments I’ve reviewed right here mirror what actual customers truly worth. I’ve combed by way of the suggestions to floor what works (and what doesn’t) so you’ll be able to spend much less time evaluating platforms and extra time constructing a program that works.

Additionally managing vendor threat? Discover the greatest third-party and provider threat administration software program to remain forward of provider points and exterior dependencies.