ENTERPRISE RISK MANAGEMENT (ERM) SOFTWARE
Elevate ERM with connected risk data and real-time insights.
Get ahead of emerging risks like ESG disclosures and regulations like the CSRD with a flexible platform that adapts to your unique risk profile. Tie data across assessments, controls, and audit to gain visibility into all three lines of defense and drive informed decisions.
Power your ERM program with a connected platform.
Optimize the value of your ERM function with a single platform that connects directly to source data, automates tedious processes, and increases transparency. Easily collect, analyze, and report on risks.
Streamline and scale risk assessments
Work simultaneously with risk owners in one centralized, secure location to improve enterprise risk management program effectiveness
Collect feedback on your risk universe with automated reminders, real-time status updates, and detailed response tracking to stay ahead of changes and capture trends over time
Empower risk owners with customized dashboard views and an intuitive platform to create a collaborative, strong risk management culture
Connect and analyze risk data
Get a clear picture of your enterprise risk environment and increase data integrity by connecting to multiple risk data sources and across internal controls, policies and procedures, and internal audit processes
Access historic risk ratings for thorough analysis and view a robust audit trail to see who worked on what and when
Leverage intelligent, up-to-date dashboards and create dynamic views by pillar, risk owner, or custom views to fit your needs
Drive key decisions with real-time risk insights
Define clear risk priorities and criteria and align your ERM program to business objectives and strategy
Automate presentation updates using powerful data linking and deliver comprehensive, consistent risk reports to management and the board
Review detailed graphs and heatmaps, quantitative measurements against KRIs, and qualitative narrative from risk owners to empower strategic decision-making
The Total Economic Impact™ Of Workiva
Workiva commissioned Forrester Consulting to conduct a Total Economic Impact™ study on the Workiva platform for audit and risk management, ESG, and financial reporting.
Here are just a few of the results for a composite organization:
47% of controls eliminated by Year 3
60% reduction in testing time per control
$2.9 million saved in compliance testing and reporting over 3 years
95% reduction in time spent responding to clarifying questions per internal or external audit
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How KBR Makes Informed, Transparent Risk-Based Decisions
KBR was looking for robust ERM software to replace paper processes and empower leaders. With Workiva, they enhanced data accuracy and have more time for critical risk discussions.