End-to-End Enterprise Risk Management Solution
Integrate Risk Management Into Every Business Decision
Integrate Risk
Management Into Every
Business Decision
Developed on the guidelines of
About ERMVare
Risk Management Through
Unparalleled Visibility
ERMVare is a next-generation ERM solution perfectly aligned with COSO guidelines & ISO 31000 standards. It enables you to control the full lifecycle of your ERM framework, ensuring real-time updates, dynamic approvals, efficient risk treatment, & customized reports. ERMVare lets you:
- Consolidate all your risk data into a centralized repository
- Monitor Key Risk Indicators (KRIs) and risk exposure across multiple departments and divisions
- Conduct risk assessments, manage various types of risks, and report on risk mitigation control measures
- Effortlessly implement ERM at every level, from risk champions to department heads and CROs
ERMVare Solution Brief
Transforming Your Risk Culture with Advanced Risk Management
Transforming Your Risk Culture with
Advanced Risk Management
Identify Risk
Identify potential risks, assess their impact and likelihood, and generate an inherent risk rating that helps in prioritizing your risk management efforts.
Assess Organization's Controls
Create new controls or link your organization’s existing controls/built-in controls from control library, assess their effectiveness, and generate combined control ratings and residual risk ratings for proactive risk assessment planning.
Set Risk Response
Select your response against each risk category by comparing its residual risk impact vs organization’s risk appetite for that risk, then tailor mitigation strategies accordingly, to ensure that risk management efforts are aligned.
Plan Risk Treatment
For each identified risk, create a detailed, actionable, and dynamic risk treatment plan based on the chosen mitigation strategy and generate post treatment risk rating.
Monitor Risk
Continuously monitor post-treatment risk ratings, real-time dashboards to reassess your risks. Utilize automated alerts for proactive risk management. Ensure compliance with regulatory changes & foster a culture of risk awareness throughout the organization.
ERMVare Solution Brief
Transforming Your Risk Culture with Advanced Risk Management
Identify Risk
Identify potential risks, assess their impact and likelihood, and generate an inherent risk rating that helps in prioritizing your risk management efforts.
Assess Organization's Controls
Create new controls or link your organization’s existing controls/built-in controls from control library, assess their effectiveness, and generate combined control ratings and residual risk ratings for proactive risk assessment planning.
Set Risk Response
Select your response against each risk category by comparing its residual risk impact vs organization’s risk appetite for that risk, then tailor mitigation strategies accordingly, to ensure that risk management efforts are aligned.
Plan Risk Treatment
For each identified risk, create a detailed, actionable, and dynamic risk treatment plan based on the chosen mitigation strategy and generate post treatment risk rating.
Monitor Risk
Continuously monitor post-treatment risk ratings, real-time dashboards to reassess your risks. Utilize automated alerts for proactive risk management. Ensure compliance with regulatory changes & foster a culture of risk awareness throughout the organization.
Identify potential risks, assess their impact and likelihood, and generate an inherent risk rating that helps in prioritizing your risk management efforts.
Create new controls or link your organization’s existing controls/built-in controls from control library, assess their effectiveness, and generate combined control ratings and residual risk ratings for proactive risk assessment planning.
Select your response against each risk category by comparing its residual risk impact vs organization’s risk appetite for that risk, then tailor mitigation strategies accordingly, to ensure that risk management efforts are aligned.
For each identified risk, create a detailed, actionable, and dynamic risk treatment plan based on the chosen mitigation strategy and generate post treatment risk rating.
Continuously monitor post-treatment risk ratings, real-time dashboards to reassess your risks. Utilize automated alerts for proactive risk management. Ensure compliance with regulatory changes & foster a culture of risk awareness throughout the organization.
ERMVare Features
Experience Customizable Modules
with Dynamic Workflows
Experience Customizable Modules with Dynamic Workflows
Risk Assessment
Identify, assess, manage, mitigate & report both quantitative & qualitative risks effectively.
Risk Identification
Identify risks, assign Risk Owner and record them in a centralized risk register (risk inventory).
Risk Dashboard & Visualizations
Provides a complete overview of organizational risks, escalations top risks, & more.
Risk Repository
Build & maintain centralized risk register (risk repository) to have a complete & current overview of risks across your organization.
Risk Monitoring
Monitor identified, residual & secondary risks, take a corrective action, & measure effectiveness of your response.
Risk Trend Analysis
Visualize potential impacts and track risk evolution over time, for proactive risk management.
Risk Reporting
Generate real-time risk reports with up-to-date information on risk posture, trends, KRIs, assessments, and other risk information.
Comprehensive Reports
Generate reports to communicate risk information, controls, trends, KRI status, and other relevant data. Use filters to ensure that only relevant data is included in the report.
Automated Alerts & Notifications
Notify users when a risk is moved to the next phase, when their approval is required or when a new risk arises.
Reports Customization
ERMVare offers reports customization support including modification to report’s theme or format based on your specific requests.
Multiple Export Formats
All reports can be exported into formats such as PDF and Excel for easy sharing and analysis.
Drill-Through Functionality
Utilize the portal’s drill-through functionality to explore underlying data and identify root causes directly from the dashboard.
Role-based Access
Users can access and generate reports relevant to their roles based on the permissions set within the platform.
Control Library
ERMVare’s control library is the central repository where you can view, document, and maintain your controls. You can utilize ERMVare’s built-in controls or add your own organizational controls based on your specific requirements.
Control Dashboard
Utilize control dashboard to continuously assess and evaluate your organization’s controls, identify strengths and areas for improvement, and facilitate compliance with regulatory requirements.
Control Reporting
Generate C-level comprehensive reports to summarize your organization’s control activities, controls status, control performance and more.
Risk Assessment
Identify, assess, manage, mitigate & report both quantitative & qualitative risks effectively.
Risk Identification
Identify risks, assign Risk Owner and record them in a centralized risk register (risk inventory).
Risk Dashboard & Visualizations
Provides a complete overview of organizational risks, escalations top risks, & more.
Risk Repository
Build & maintain centralized risk register (risk repository) to have a complete & current overview of risks across your organization.
Risk Monitoring
Monitor identified, residual & secondary risks, take a corrective action, & measure effectiveness of your response.
Risk Trend Analysis
Visualize potential impacts and track risk evolution over time, for proactive risk management.
Risk Reporting
Generate real-time risk reports with up-to-date information on risk posture, trends, KRIs, assessments, and other risk information.
Risk Treatment
Systematically address risks by implementing appropriate mitigation strategies, preventive measures, and treatment plans to manage identified risks effectively.
Treatment Plan
Define treatment plans to reduce likelihood or impact of identified risks. Assign treatment owner, set timeline, and ensure your risk treatment efforts align with organizational objectives.
Treatment Reports
Generate real-time treatment reports that includes treatment plan performance, its progress, overdue treatments, and other insights for better monitoring and decision-making.
Treatment Filters
Specify which data to view, apply filters, and easily drill down into your data to gain a better understanding of your risk treatment plans.
Treatment Dashboard
Get an organizational overview of all your treatment plans, track their progress, and ensure that your risk treatment efforts are aligned with organizational objectives.
Risk Assessment
Identify, assess, manage, mitigate & report both quantitative & qualitative risks effectively.
Risk Identification
Identify risks, assign Risk Owner and record them in a centralized risk register (risk inventory).
Risk Dashboard & Visualizations
Provides a complete overview of organizational risks, escalations top risks, & more.
Risk Repository
Build & maintain centralized risk register (risk repository) to have a complete & current overview of risks across your organization.
Risk Monitoring
Monitor identified, residual & secondary risks, take a corrective action, & measure effectiveness of your response.
Risk Trend Analysis
Visualize potential impacts and track risk evolution over time, for proactive risk management.
Risk Reporting
Generate real-time risk reports with up-to-date information on risk posture, trends, KRIs, assessments, and other risk information.
Risk Assessment
Identify, assess, manage, mitigate & report both quantitative & qualitative risks effectively.
Risk Identification
Identify risks, assign Risk Owner and record them in a centralized risk register (risk inventory).
Risk Dashboard & Visualizations
Provides a complete overview of organizational risks, escalations top risks, & more.
Risk Repository
Build & maintain centralized risk register (risk repository) to have a complete & current overview of risks across your organization.
Risk Monitoring
Monitor identified, residual & secondary risks, take a corrective action, & measure effectiveness of your response.
Risk Trend Analysis
Visualize potential impacts and track risk evolution over time, for proactive risk management.
Risk Reporting
Generate real-time risk reports with up-to-date information on risk posture, trends, KRIs, assessments, and other risk information.
ERMVare Reports
Gain Insights into Risk Landscape
with One-Click Report
Gain Insights into Risk Landscape with One-Click Report
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
Top Risk
Report
Top Risk Report
Displays list of all risks in the organization which are marked as Top Risk.
Appetite Breached
Risks
Appetite Breached Risks
Displays list of all risks in the organization whose appetite against each category has been breached.
Control
Library
Control Library
Displays list of all controls in the organization.
Comprehensive
Risk
Comprehensive Risk
Obtain a full overview of all potential risks with just one click covering every angle of risks that could impact the organization.
Enterprise Risk
Summary
Enterprise Risk Summary
Get summary of risks at the enterprise level with just a single click offering high-level overview of potential risks across the entire organization.
Departmental Risk
Summary
Departmental Risk Summary
Get departmental level risk summary report which provides an in-depth analysis of potential risks within a specific department.
Departmental Risk
Detail
Departmental Risk Detail
Get a detailed report on department-specific risks giving details of each risk faced by a particular department.
Division Risk
Summary
Division Risk Summary
Access a comprehensive division-level risk summary report which provides an in-depth analysis of potential risks within a specific division.
Division Based Risk
Report
Division Based Risk Report
Get a detailed report on division-specific risks giving details of each risk faced by a particular division.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
All Risk
Report
All Risk Report
Displays all risks in the organization. Filter out risk according to desired parameter and generate that particular parameter report.
Take the Next Step
Book a quick meeting or a live demo with our experts to discuss and
consult how you can manage your ERM processes through ERMVare with ease.
consult how you can manage your ERM processes through ERMVare with ease.
Book a quick meeting or a live demo with our experts to discuss and consult how you can manage your ERM processes through ERMVare with ease.
Contact Us
Talk with Our Team and Get Answers
to Your Questions Related to ERMVare
Talk with Our Team & Get Answers to Your Questions Related to ERMVare
ERMVare Quick Facts
- Single platform for complete ERM management across organization
- Can be hosted on private cloud, on-premise or used as cloud subscription based Software as a Service (SaaS)
- Provides ongoing support and continous innovation updates
- Developed on modern technology stack for enhanced efficiency and scalibility
- Equipped with industry-leading security measures, providing highest level of data security
- Supports branding customizations and multi-language implementation
