# Enterprise risk management embedded in governance — not tracked in spreadsheets.

XGRC® provides a central ERM platform aligned to ISO 31000, COSO, and King V. Define your risk framework, identify and assess risks across all categories, link every risk to controls and audit findings, and report to the board with real-time visibility.

**Frameworks:** ISO 31000, COSO ERM, King V

## Fragmented risk management creates blind spots across the organisation.

When risk registers live in spreadsheets and scoring is inconsistent across teams, leadership cannot see the true risk exposure of the organisation.

- Fragmented risk registers across business units
- Inconsistent scoring methodology and risk appetite definitions
- Limited visibility of risk exposure for leadership
- Poor linkage between risks, controls, and audit findings

## A structured, repeatable risk management process.

- Define risk management framework and governance structure
- Identify risks across strategic, operational, financial and compliance dimensions
- Assess likelihood and impact using a consistent scoring model
- Define and assign risk treatment plans with clear ownership
- Monitor risk indicators and escalate critical exposures
- Report risk status to management and the board

## How it works

- Central risk register with consistent taxonomy
- Configurable scoring models and risk appetite thresholds
- Risk appetite and tolerance tracking
- Integration with controls, audits, and compliance obligations
- Real-time dashboards and board-ready reporting

## On the platform

**One connected view of risk** — XGRC® centralises the risk register, links risks to controls and internal audits, and provides real-time dashboards for leadership. Risk owners get structured workflows and action tracking. The board gets complete visibility without waiting for manual reports.

## The same risk process, without the manual overhead.

| Manual approach | With XGRC® |
| --- | --- |
| Spreadsheet-based risk tracking | Structured, centralised risk register |
| Inconsistent scoring across departments | Consistent framework and scoring model |
| Manual, periodic reporting | Real-time dashboards and automated reporting |
| No linkage to controls or audit | Risks linked to controls, audits, and compliance |

## One platform across every risk category.

- Strategic risk
- Operational risk
- Financial risk
- Compliance risk

## Frequently asked questions

### What is enterprise risk management (ERM) software?

ERM software gives leadership a single, board-ready view of risk exposure across the whole organisation, aligned to a defined framework such as ISO 31000, COSO or King V, rather than risk being managed inconsistently by department.

### How does XGRC® support King V governance requirements?

XGRC® aligns risk identification, assessment and reporting to King V governance principles, giving the board visibility of risk appetite, exposure and treatment status in the format governance committees expect.

### What is the difference between this and the Risk Management use case?

Risk Management covers day-to-day operational risk identification and control at team level. Enterprise Risk Management adds the governance layer on top — a defined risk framework, board reporting and escalation across strategic, operational, financial and compliance categories.

### Can XGRC® link risks to audit findings automatically?

Yes. Every risk can be linked to its controls and to related audit findings, so a control weakness identified in audit automatically informs the residual risk score for the risk it relates to.

## Related solution

- [Enterprise Risk Management](https://xgrcsoftware.com/erm)

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Source: https://xgrcsoftware.com/use-cases/enterprise-risk-management