--- description: Review of Ideagen Risk Management Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Ideagen Risk Management | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Integrated Risk Management Software](/directory/4101/integrated-risk-management/software) > [Ideagen Risk Management](/software/425077/Ideagen-Risk-Management) # Ideagen Risk Management Canonical: https://www.softwareadvice.com.au/software/425077/Ideagen-Risk-Management > What does Ideagen Risk Management do? Ideagen Risk Management is a complete system for reporting, monitoring and reporting risks. It is cloud-native software that is built for purpose. The user experience is designed to be simple and intuitive so that every-day and even casual users can get their jobs done with no friction. Companies that use Ideagen Risk Management are able to demonstrate compliance with ISO 31000 because it gives them a way to directly connect risks to specific objects. Who is Ideagen Risk Management for? The system is suitable for companies of all sizes and all industries. Wherever you operate, it helps you comply with all the standards that govern your business, including financial, ESG and COSO. It supports a range of roles: • Risk team leaders who oversee the status of projects and resources • Risk analysts who monitor risks and trends across the organization • Occasional users who only need to access the software to find or enter specific information How easy is it to get started? Ideagen Risk Management is designed to be rolled out easily, and new accounts can be up and running in less than a week. Your Account Manager at Ideagen will work with you to understand your success measures and will help you see a return on investment very quickly. The system is accessed online and works on any device. Can I make it match the structure of my organization? You can easily set up the system to reflect your company’s structure of locations and processes. You can add as many locations, entities, departments and clients as needed. How will Ideagen Risk Management save me time? You’ll spend less time managing systems and more time on the work that’s business-critical: • Re-usable content: The library of Objectives, Risks, Controls and Tests stores centralized content that can be applied and re-used anywhere in the system. • Prompts and alerts: Automated prompts and alerts keep all projects running on time. Automation also means you spend less time chasing people for their input and follow-up actions. • Faster system: Find what you need and get things done with very few clicks between screens. Every button does what you think it’s going to do – it’s very quick easy to work through the system because everything is so well connected. • Better tracking: Managers and their teams can easily see the status of all projects thanks to tracker dashboards for key dates and workflows. How easy is it to set up my heat maps and matrices? There are many ways to configure risk and control matrices to your own processes using customisable fields – this flexibility is a stand-out feature of Ideagen Risk Management. All pre-configured risk matrices will be available in your central library. You can also create new matrices when needed. A simple ‘wizard’ approach makes it easy to design a new matrix, or to edit an existing matrix. No special skills are required. Scoring can be based on a likelihood vs. impact scale, or scores can be applied to each segment individually. Multiple impact perspectives and score rating bandings can be applied. Can I use Ideagen Risk Management to monitor any type of risk? Yes. The system is flexible enough to monitor and report on any type of risk, including those associated with ESG, Third Party and Cyber Security. These can be monitored and reported using live dashboards and reporting templates. Will it integrate with other software I use? Yes. An Application Programming Interface allows the system to integrate with other software your business uses. This allows you to view data across multiple applications for different purposes such as: reporting and dashboarding, logging new feedback items, or performance tracking. For customers that use both Ideagen Risk Management and Ideagen Internal Audit, all the functionality is in one software environment. This means that you don’t need to integrate different modules or platforms. > > Verdict: Rated **4.4/5** by 5 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 5 Reviews | | Ease of Use | 3.6/5 | Based on overall reviews | | Customer Support | 3.5/5 | Based on overall reviews | | Value for Money | 5.0/5 | Based on overall reviews | | Features | 4.2/5 | Based on overall reviews | | Recommendation percentage | 70% | (7/10 Likelihood to recommend) | ## About the vendor - **Company**: Ideagen - **Founded**: 1993 ## Commercial Context - **Pricing model**: Per Feature - **Pricing Details**: Please contact Ideagen directly for pricing details. - **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop) - **Supported Languages**: English - **Available Countries**: Australia, United Kingdom, United States ## Features - API - Access Controls/Permissions - Activity Dashboard - Activity Planning - Activity Tracking - Ad hoc Reporting - Alerts/Notifications - Approval Process Control - Archiving & Retention - Assessment Management - Attestation - Audit Management - Audit Trail - BSA Compliance - Benchmarking - Budgeting/Forecasting - Business Process Control - Compliance Management - Content Management - Controls Audit ## Support Options - Email/Help Desk - Phone Support - 24/7 (Live rep) - Chat ## Category - [Integrated Risk Management Software](https://www.softwareadvice.com.au/directory/4101/integrated-risk-management/software) ## Related Categories - [Integrated Risk Management Software](https://www.softwareadvice.com.au/directory/4101/integrated-risk-management/software) - [Financial Risk Management Software](https://www.softwareadvice.com.au/directory/4165/financial-risk-management/software) - [Incident Management Software](https://www.softwareadvice.com.au/directory/4577/incident-management/software) - [Business Performance Management Software](https://www.softwareadvice.com.au/directory/4579/business-performance-management/software) - [Policy Management Software](https://www.softwareadvice.com.au/directory/4567/policy-management/software) ## Alternatives 1. [LogicGate Risk Cloud](https://www.softwareadvice.com.au/software/35162/logicgate) — 4.7/5 (83 reviews) 2. [LogicManager](https://www.softwareadvice.com.au/software/328810/logicmanager) — 4.6/5 (23 reviews) 3. [A1 Tracker](https://www.softwareadvice.com.au/software/76056/a1-tracker) — 4.9/5 (79 reviews) 4. [Arctick](https://www.softwareadvice.com.au/software/339516/arctick) (0 reviews) 5. [Corporater Business Management Platform](https://www.softwareadvice.com.au/software/130705/corporater-bmp) — 4.5/5 (15 reviews) ## Reviews ### "Good front end poor back end\!" — 4.0/5 > **Emily** | *15 June 2023* | Nonprofit Organization Management | Recommendation rating: 7.0/10 > > **Pros**: The main area for updating risks , performance and actions is really easy to use. It is a great business management tool. It provides instant oversight of where varying activities are across the business. > > **Cons**: How you build reports and dashboards is really difficult it is not intuitive at all. > > Keeping control of risks is simple and easy as is managing internal audit actions and performance ----- ### "3 Lines of Defense" — 5.0/5 > **Rachel** | *24 July 2023* | Civic & Social Organization | Recommendation rating: 8.0/10 > > **Pros**: Easy to use product and they supported us to move our risks over to 3 LoD model and training. > > **Cons**: That everything hasn't moved over to the browser version so you have to swap between applications as admin. > > Helps with oversight of risks and actions from the top down. ----- ### "Ideagen" — 4.0/5 > **Richard** | *24 July 2023* | Financial Services | Recommendation rating: 5.0/10 > > **Pros**: Friendly staff and good initial integration, easy to use, good MI. > > **Cons**: Na ----- ### "Performance Management" — 5.0/5 > **Simon** | *27 July 2023* | Government Administration | Recommendation rating: 10.0/10 > > **Pros**: Somerset Council uses Ideagen Risk Management for performance management first and foremost. Actions and PIs are key to the monitoring and reporting and work very well. > > **Cons**: Currently, the need to set up reports in the Classic version is a little "clunky", but I understand this is soon to be fixed so that all can be done within the Browser version. > > Exceptional customer service and a very high quality system which enables us to keep on top of all things performance. ----- ### "Assigns ownership" — 4.0/5 > **Michael** | *12 October 2019* | Accounting | Recommendation rating: 5.0/10 > > **Pros**: Can track and monitor your whole risk register for the business on this and allows ownership of controls to be assigned across the business, which gives accountability for updates on risk management. > > **Cons**: It can be difficult to navigate from the beginning. ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/425077/Ideagen-Risk-Management) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data