# Managing risk should support decision-making, not create administrative burden.

XGRC® is risk management software that lets organisations identify, assess and manage risks in a structured, consistent way. It connects risks to controls, actions and assurance activities on a single platform, giving clear visibility of risk exposure across the organisation.

**Frameworks:** ISO 31000, COSO, ISO 9001, ISO 14001, ISO 45001, ISO 27001

## Fragmented risk management weakens governance.

When risk is managed in a fragmented way, the result is reactive decision-making, unclear accountability and weak governance.

- Risk registers maintained in spreadsheets
- Inconsistent risk scoring across departments
- Limited visibility of enterprise risk exposure
- Poor tracking of mitigation actions

## A structured, repeatable risk process.

- Identify risks across the organisation
- Assess likelihood and impact using defined criteria
- Define and link controls to risks
- Assign mitigation actions
- Monitor risk exposure in real time
- Report on risk and control effectiveness

## How it works

- Centralised risk register across all business units
- Configurable risk scoring models aligned to ISO 31000 and COSO
- Control definition and mapping
- Automated action tracking
- Real-time dashboards and reporting

## On the platform

**One connected view of risk** — Risk data is integrated with audits, incidents and compliance activities, so every risk traces to its controls and actions and across to assurance. That gives a complete, current view of organisational risk.

## The same risk process, without the friction.

| Manual approach | With XGRC® |
| --- | --- |
| Static risk registers | Dynamic risk registers |
| Inconsistent scoring | Standardised scoring models |
| Actions tracked manually | Automated action tracking |
| Limited reporting | Real-time risk dashboards |

## One approach across every type of risk.

- Enterprise Risk Management
- Operational risk management
- Strategic risk management
- Compliance risk
- Cyber and information security risk

## Frequently asked questions

### What is risk management software?

Risk management software lets you identify, assess, treat and report on risk from one register, linking every risk to the controls and mitigation actions that address it, instead of maintaining risk information in disconnected spreadsheets.

### Which risk frameworks does XGRC® support?

XGRC® is aligned to ISO 31000 and COSO, and supports risk types across enterprise, operational, strategic, compliance, and cyber and information security risk on one consistent scoring model.

### How is XGRC® different from a risk register spreadsheet?

A spreadsheet register cannot enforce a consistent scoring model, track action ownership, or link risks to controls and audit findings automatically. XGRC® does all three on one platform with real-time dashboards.

### Can risk data feed into board or committee reporting?

Yes. Risk exposure, control effectiveness and action status are visible on real-time dashboards that can be used directly for management and governance committee reporting.

## Related solution

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

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