ENTERPRISE RISK MANAGEMENT (ERM)
Real-time risk management has never been this easy.
Tie data across risk assessments, controls, and audit—enabling more accurate, connected decisions and real-time insights across all three lines of defense.
Scale ERM risk assessments
Connect and coordinate with risk owners in an intuitive enterprise risk management process.
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Simplify tracking and manage assessment feedback in real time, enabling a stronger ERM program.
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Optimize the capture of your most critical ERM risk data, leaving more time for risk analysis and action.
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Easily accommodate new risks and accompanying data as risk environments evolve, in flexible risk assessment spreadsheets.
Capture and analyze enterprise risk data
Optimize the value of your ERM function with detailed correlation and risk analysis. Evaluate and mitigate connected risk relationships across the enterprise.
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Create a clear picture of your enterprise risk environment from multiple risk data sources.
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Divide and segment risk data in customizable, dynamic views—by pillar, by risk owner, or other category.
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Access historic risk ratings for thorough analysis, and see who worked on what and when.
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Capture and aggregate a single source of truth for your ERM data.
Prioritize your risk across the enterprise
Clearly define ERM risk priorities and criteria, and meticulously align your ERM program to business objectives and strategy.
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Create an objective, value-added approach to risk prioritization through key risk indicator (KRI) data.
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Utilize connected, accessible data to drive ERM consistency across all lines of defense.
Report risk in detail with dashboards
Effectively report up to date enterprise risk data in the right format. Indicate a clearly defined action that should be taken as a result of that data.
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Use detailed graphs and heatmaps, quantitative measurements against KRIs, and qualitative narrative from risk owners to inform decisions.
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Automate risk heat map creation to eliminate reporting of outdated risk insights.
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Improve the detail of heat maps via scatter and bubble charts—no manual updating of colors required.
Workiva Established as A Leader in the Forrester Wave™
When evaluated among 15 vendors, Workiva received the highest score possible in the criteria of audit management, interoperability (integrations), planned enhancements, and vision.
Find out what else you can do with Workiva.
More ways to get the most from our platform.
Blog
5 Steps to Effective Strategic Risk Management
Strategic risk management is crucial. This often overlooked aspect of enterprise risk management is far more consequential than anything else. Read more to find out how to take your strategic risk management to the next level.
Product Resource
Audit, Risk, and Compliance Brochure
Learn how Workiva supports the risk and controls management process.
Product Resource
Enterprise Risk Management Datasheet
Understand the benefits of Workiva for Enterprise Risk Management.
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