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Top 10 SAP Risk Management Alternatives & Competitors

By SAP
(62)4.2 out of 5

SAP Risk Management is not the only option for Enterprise Risk Management (ERM) Software. Explore other competing options and alternatives. Enterprise Risk Management (ERM) Software is a widely used technology, and many people are seeking innovative, powerful software solutions with learning, risk methodology, and recovery plans. Other important factors to consider when researching alternatives to SAP Risk Management include security. The best overall SAP Risk Management alternative is LogicGate Risk Cloud. Other similar apps like SAP Risk Management are Diligent One Platform, formerly HighBond, IBM OpenPages, Archer, and AuditBoard. SAP Risk Management alternatives can be found in Enterprise Risk Management (ERM) Software but may also be in IT Risk Management Software or Audit Management Software.

Best Paid & Free Alternatives to SAP Risk Management

  • LogicGate Risk Cloud
  • Diligent One Platform, formerly HighBond
  • IBM OpenPages

Top 10 Alternatives to SAP Risk Management Recently Reviewed By G2 Community

Browse options below. Based on reviewer data, you can see how SAP Risk Management stacks up to the competition, check reviews from current & previous users in industries like Information Technology and Services, Consumer Goods, and Retail, and find the best product for your business.
    #1
  1. LogicGate Risk Cloud

    (160)4.6 out of 5
  2. LogicGate's Risk Cloud Platform® is the most nimble and collaborative GRC solution out there. With Risk Cloud®, you can quickly adapt processes, workflows, and content to keep pace with change — without waiting for IT.

    Reviewers say compared to SAP Risk Management, LogicGate Risk Cloud is:

    Easier to do business with
    Better at support
    More usable
    #2
  3. Diligent One Platform, formerly HighBond

    (136)4.3 out of 5
  4. Diligent One Platform, formerly HighBond is the end-to-end platform that brings together security, risk management, compliance, and audit professionals. Built by industry experts who wanted a better way to work, HighBond streamlines collaboration across organizations, automates repetitive tasks, and delivers best practices in a seamless, award-winning interface. By working in one platform, you’ve got a single source of truth for the entire organization. And by connecting to, harmonizing, normalizing, and analyzing data across the organization, you’ll get answers to important questions you never even thought to ask.

    Reviewers say compared to SAP Risk Management, Diligent One Platform, formerly HighBond is:

    Better at support
    Easier to do business with
    More usable
    Essential ERM
  5. SponsoredYou’re seeing this ad based on the product’s relevance to this page. Sponsored content does not receive preferential treatment in any of G2’s ratings.

    (36)4.8 out of 5
  6. Essential ERM® is an easy and cost-effective web-based risk management tool used by organizations in over 20 sectors and 70 countries. It can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically. Essential ERM® is easy and intuitive for both users and system administrators. The system follows a practical approach to risk management – providing powerful features and aligning with COSO and ISO risk frameworks, while limiting and/or masking complexity for system users. The system provides dynamic reporting and the ability export data to Excel and other reporting tools.

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    Reviewers say compared to SAP Risk Management, Essential ERM is:

    Easier to set up
    More usable
    Easier to do business with
    Visit Website
    #3
  7. IBM OpenPages

    By IBM
    (70)4.2 out of 5
  8. IBM OpenPages is a fully integrated, flexible enterprise risk platform that breaks down silos and opens up GRC capabilities to leaders across the organization, giving total visibility of the company’s risk position from one integrated point of view.

    Reviewers say compared to SAP Risk Management, IBM OpenPages is:

    Slower to reach roi
    More usable
    Easier to set up
    #4
  9. Archer

    (20)3.6 out of 5
  10. Archer, you can manage risks, demonstrate compliance, and automate business processes.

    Reviewers say compared to SAP Risk Management, Archer is:

    Slower to reach roi
    Easier to do business with
    More expensive
    #5
  11. AuditBoard

    (1,222)4.6 out of 5
  12. AuditBoard’s modern connected risk platform is designed to elevate your teams, engage the front lines of your business, and help you leverage risk as a strategic driver. At the heart of our connected risk architecture is a unified data core that centralizes your organization's risks, controls, policies, frameworks, issues, and more. The core is surrounded by a set of powerful platform capabilities, including collaboration, automation, a robust workflow engine, business intelligence, and a highly extensible integration layer. Together, AuditBoard’s unified core and purposefully designed platform capabilities set a strong, dynamic foundation for our award-winning applications — RiskOversight, CrossComply, SOXHUB, OpsAudit, ESG, and TPRM.

    Categories in common with SAP Risk Management:

    Reviewers say compared to SAP Risk Management, AuditBoard is:

    More usable
    Easier to do business with
    Easier to set up
    #6
  13. ServiceNow Integrated Risk Management

    (22)4.4 out of 5
  14. Power Governance, Risk, and Compliance (GRC) teams and front-line employees to make risk-informed decisions, drive efficiency, and build resilience. Through continuous monitoring, prioritization, and automation you can respond to real risks in real time.

    Reviewers say compared to SAP Risk Management, ServiceNow Integrated Risk Management is:

    Slower to reach roi
    More usable
    Easier to set up
    #7
  15. Oracle GRC

    (12)4.0 out of 5
  16. Oracle Fusion Governance, Risk, and Compliance (GRC), a component of the Oracle Fusion Applications suite, provides a complete enterprise GRC platform

    Categories in common with SAP Risk Management:

    Reviewers say compared to SAP Risk Management, Oracle GRC is:

    Easier to do business with
    More usable
    More expensive
    #8
  17. ZenGRC

    (93)4.4 out of 5
  18. ZenGRC is a user-friendly GRC software designed to make compliance easy for nimble enterprises.

    Categories in common with SAP Risk Management:

    Reviewers say compared to SAP Risk Management, ZenGRC is:

    Easier to do business with
    Better at support
    More usable
    #9
  19. Fastpath

    (108)4.7 out of 5
  20. Fastpath is a cloud-based access orchestration platform. We enable businesses to seamlessly orchestrate their security, compliance and risk management across multisite, multi-application environments.

    Categories in common with SAP Risk Management:

    Reviewers say compared to SAP Risk Management, Fastpath is:

    Better at support
    Easier to do business with
    Easier to set up
    #10
  21. Workiva

    (1,329)4.6 out of 5
  22. Workiva (NYSE:WK) Wdesk is a cloud-based productivity platform for enterprises that collect, link, report, and analyze business data with control and accountability.

    Categories in common with SAP Risk Management:

    Reviewers say compared to SAP Risk Management, Workiva is:

    More usable
    Easier to set up
    Better at support
    Essential ERM
  23. SponsoredYou’re seeing this ad based on the product’s relevance to this page. Sponsored content does not receive preferential treatment in any of G2’s ratings.

    (36)4.8 out of 5
  24. Essential ERM® is an easy and cost-effective web-based risk management tool used by organizations in over 20 sectors and 70 countries. It can be activated, configured and used productively in minutes. You access it through a web browser, and there is nothing for your IT team to install or support. Risk management experience is not required, as the tool guides business users through the risk identification and management process. The tool distributes work among your management team and aggregates input to generate reports automatically. Essential ERM® is easy and intuitive for both users and system administrators. The system follows a practical approach to risk management – providing powerful features and aligning with COSO and ISO risk frameworks, while limiting and/or masking complexity for system users. The system provides dynamic reporting and the ability export data to Excel and other reporting tools.

    Visit Website

    Reviewers say compared to SAP Risk Management, Essential ERM is:

    Easier to set up
    More usable
    Easier to do business with
    Visit Website