Enterprise Risk Management
Risk managed at enterprise scale, not spreadsheet scale.
A structured, auditable approach to enterprise, operational, and project risk — aligned to ISO 31000 and COSO ERM — with board-level dashboards, risk appetite monitoring, and corrective action tracking built in.
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What is Enterprise Risk Management?
Enterprise risk management software helps organisations identify, assess, treat, monitor and report on risks across business units, projects, strategic objectives and operational environments.
Organisations typically adopt XGRC® ERM when risk registers are maintained annually in spreadsheets, risk appetite thresholds are set but not enforced, and the board has no real-time view of residual risk. The XGRC® ERM solution connects enterprise risk to controls, assurance, compliance obligations, incidents and actions within the same secure data foundation used across XGRC® Software.
What breaks without Enterprise Risk Management.
Risk registers nobody maintains
Annual reviews produce impressive registers that are outdated before they are presented. Residual risk is never re-assessed.
Risk appetite defined, but not enforced
The board sets appetite thresholds. Operational decisions ignore them. There is no mechanism to detect or escalate breaches.
KRIs reported in isolation
Key risk indicators tracked separately from the risks they monitor. Early warning signals go unnoticed until they become incidents.
Risk and assurance disconnected
The audit plan bears no relationship to the risk register. High-risk areas go unaudited. Low-risk areas receive excess coverage.
How Enterprise Risk Management works.
XGRC® ERM provides a complete enterprise risk management platform — from risk identification and appetite-setting through treatment planning, KRI monitoring, and board-level reporting — with every element linked to governance, controls, and assurance.
See it in action →Everything in Enterprise Risk Management.
Core capabilities are configured to your requirements, with the flexibility to expand as your needs grow.
Risk Identification
Assessment & Appetite
Treatment & Action
Monitoring & Reporting
Enterprise Risk Management is stronger on the platform.
Every XGRC® solution shares the same data foundation. When Enterprise Risk Management is combined with other solutions, risk, compliance, assurance, and governance data flows without duplication.
What Enterprise Risk Management is not.
ERM is not a static annual risk register exercise. It is a live risk management system with board dashboards, KRI monitoring and appetite-breach alerts — designed to stay current between review cycles, not just at them.
Common questions.
Is XGRC® ERM aligned to ISO 31000?
Yes. ERM is aligned to ISO 31000 and COSO ERM, with King V and IFRS-aligned reporting for South African organisations.
Can ERM link to our internal audit function?
Yes. ERM connects directly to Integrated Assurance, so the audit plan reflects the current risk landscape rather than last year's assumptions.
Does ERM support board-level reporting?
Yes. ERM includes real-time board dashboards, risk appetite monitoring and trend analysis built for board and audit committee reporting.
How is ERM different from a risk spreadsheet?
ERM keeps risk data live and linked — appetite breaches, KRI thresholds and treatment plans are monitored continuously, with full audit trails, rather than reconciled manually once a year.
See Enterprise Risk Management running in your environment.
Talk to an XGRC® specialist about how Enterprise Risk Management fits your organisation's specific compliance and governance requirements.
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