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Riskonnect

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Unify risk, compliance, and resilience across your organization with AI-powered insights.

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Reviews onCapterra
18 reviews tracked

The Bottom Line

Entry price

Paid plans only

Biggest pro

Provides a holistic, interconnected view of all risk types, breaking down organizational silos.

Biggest con

Specific pricing details are not publicly available, requiring direct contact for quotes.

TL;DR - Riskonnect

  • Unifies risk, compliance, and resilience into a single, interconnected platform.
  • Leverages AI and advanced analytics for comprehensive risk visibility and decision-making.
  • Automates processes and consolidates data to improve efficiency and collaboration across risk disciplines.
Pricing: Paid only
Best for: Enterprises & pros
4.3/5 across review platforms

What is Riskonnect?

Editorial review
Riskonnect provides an integrated risk management software platform designed to give organizations a unified, interconnected view of their risks, compliance requirements, and resilience strategies. It helps businesses make confident decisions by understanding how individual risks relate to others and their overall impact on strategic objectives. The platform is built for risk, compliance, and resilience professionals across various industries, enabling them to identify, assess, mitigate, and monitor threats effectively. The software consolidates data from multiple sources, automates routine processes, and leverages sophisticated analytics to transform complex information into actionable intelligence. It covers a broad spectrum of risk areas, including Governance, Risk & Compliance (GRC), Insurable Risk, and Business Continuity & Resilience. By breaking down silos and fostering collaboration, Riskonnect helps organizations streamline operations, improve communication, and proactively respond to potential disruptions, ultimately protecting their competitive position, reputation, and strategic growth.

Available on: Web

Pros & Cons

Pros

  • Provides a holistic, interconnected view of all risk types, breaking down organizational silos.
  • Automates data collection and workflows, significantly reducing manual effort and improving efficiency.
  • Offers advanced analytics and AI-powered insights for proactive risk identification and strategic decision-making.
  • Supports a wide range of risk disciplines, from GRC to insurable risk and business continuity.
  • Cloud-based platform ensures accessibility and a single source of truth for risk data.

Cons

  • Specific pricing details are not publicly available, requiring direct contact for quotes.
  • Implementation and integration with existing systems may require significant organizational effort.

Ratings Across the Web

4.3(18 reviews)

Ratings aggregated from independent review platforms. Learn more

Key Features

Governance, Risk & Compliance (GRC) managementInsurable Risk and Claims Management Information System (RMIS)Business Continuity & Resilience planningEnterprise Risk Management (ERM)Policy Administration and ManagementHealth & Safety tracking and incident managementIT Risk Management and AI GovernanceThird-Party Risk Management

Pricing

Paid

Riskonnect offers paid plans. Visit their website for current pricing details.

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Reviews

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4.3/5

Across 18 verified user reviews on Capterra

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Riskonnect FAQ

How does Riskonnect help organizations manage compliance requirements?

Riskonnect provides an integrated platform that unifies compliance requirements with other risks, offering a holistic view. It automates data collection and workflows to streamline compliance processes and provides AI-powered insights for proactive identification and management of compliance-related threats.

What kind of user or team benefits most from Riskonnect?

Riskonnect is designed for risk, compliance, and resilience professionals across various industries. It helps teams that need to identify, assess, mitigate, and monitor threats effectively across different risk areas like GRC, insurable risk, and business continuity.

How does Riskonnect compare to ServiceNow GRC?

Riskonnect focuses on providing a unified, interconnected view of all risk types, including insurable risk and business continuity, alongside GRC. It emphasizes breaking down organizational silos and offering advanced AI-powered insights for strategic decision-making across these diverse risk disciplines.

What are the main trade-offs to consider when adopting Riskonnect?

A primary trade-off is that specific pricing details are not publicly available, requiring direct contact for a quote. Additionally, implementing and integrating Riskonnect with existing systems may require significant organizational effort.

How is Riskonnect priced?

Riskonnect is a paid product and does not include a permanently free tier. Organizations interested in using the platform need to contact the vendor directly to obtain specific pricing details and quotes.

Can Riskonnect integrate data from various sources?

Yes, Riskonnect is designed to consolidate data from multiple sources to provide a unified view of risks. This capability helps transform complex information into actionable intelligence for better decision-making.

Does Riskonnect offer tools for business continuity planning?

Yes, Riskonnect supports Business Continuity & Resilience as one of its core risk areas. It helps organizations proactively respond to potential disruptions by integrating resilience strategies into their overall risk management framework.

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