Risk Management Software

The training is not very good and needs some improvement. Review collected by and hosted on G2.com.

Workiva is a great platform and has been very useful for me to perform risk management, budgeting and forecasting, financial closings and it is beneficial because the data is stored automatically and I can have permissions at the folder level and file it in different segments is a great advantage and if solved most of the problems we had. Review collected by and hosted on G2.com.

As with any newer tool, some of the kinks get worked out in real time. There have been a few updates pushed out that have changed some of the dashboards utilized. The communication was a little unclear, but we've been able to respond to the change. Additionally, the tiered pay structure limits what you have access to, so if cost is prohibitive, you may not get the full capabilities of the tool. Review collected by and hosted on G2.com.

Auditboard is giving us visual insights into our audit processes, while helping us streamline our existing process. The tool is very flexible and gives access to the backend data for reporting and project tracking. Review collected by and hosted on G2.com.

I am not sure where to start with what I dislike about the platofrm but I almost want to say everything. Vena is designed from the ground up to be a complicated platform. Dont expect the platform to be intuitaive or you can do anything on your own from the first time. It is a steep, a really steep learning curve.

If you are an experianced Vena user, it takes you anywhere between 30 min for easy reports to a few days to set up a report, FPA model or budget. Since Vena is based on Excel, you will inhernent all the limitations of Excel with it.

The integration they claim is really a data connector to your ERP. It's a 180 (one way ) degree integration, you can't push back the budget to your ERP. They don't integrate with any payroll providers, so all updates are manually done.

The dashboard they claim to have is basically is power bi embedded into Vena. You have to know how to write DAX formulas to really do anything with it.

During the sale or demo, they're going to make it seem very easy to do anything. Just ask them to set up a report in front of you from the start or ask them to deactivate the flags to uncover the complicated set up.

My recemndation is that you stay away, go with a web based platform. You will save yourself a lot of time, efforts and money. Review collected by and hosted on G2.com.

Vena has complicated our process even way before we had Vena. Review collected by and hosted on G2.com.

While Scrut Automation is a powerful tool, the initial setup can be a bit overwhelming, especially for teams new to compliance management software. However, their customer support team is very responsive and helpful, which made the onboarding process smoother. Review collected by and hosted on G2.com.

Before adopting Scrut Automation, our compliance processes were disjointed and time-consuming, relying heavily on spreadsheets and manual tracking. Scrut has centralized our compliance management, making it easier to stay audit-ready year-round. The automated alerts and task assignments help our team stay proactive rather than reactive, ensuring we address compliance gaps before they become issues. This has not only improved our security posture but also enhanced our trust with clients, resulting in a smoother compliance journey and quicker audit cycles. Review collected by and hosted on G2.com.

There is nothing at this time I dislike about Drivetrain. Review collected by and hosted on G2.com.

Data quality, data access, less manual reports.

It benefits us by allowing the Accounting team as well as the Finance team to streamline the consolidation process and ease of reporting. Review collected by and hosted on G2.com.

Nothing really. We just went live with the solution and are in the middle of our FY25 Budget preparation, so still learning about all of the capabilities. The formula syntax is very much like excel, so it has been fairly easy to make the transition. Review collected by and hosted on G2.com.

Budgeting and Forecasting across a larger organization, along with monthly reporting and analysis. Mosaic is helping ensure the accuracy of the budgeting process by eliminating the risk and access controls involved in using a shared excel template. It also is eliminating cycles of time in the month-end review process by giving department and expense owners the required info they need to manage their function with the level of detail to avoid cycles of back and forth Q&A with the accounting team. Review collected by and hosted on G2.com.

Anaplan's pricing can be confusing and opaque. This is due to an evolving platform, technology, and GTM model. Customers from just 3 years ago may have completely different expectations on pricing and that can cause friction. However, the GTM model had to change - the platform, which did not drastically change from 2014-2022, has received an incredible overhaul in terms of technical functionality, and old pricing models did no capture that at all. Review collected by and hosted on G2.com.

I will specifically answer this question regarding the territory and quota (T&Q) use case. T&Q represents a widespread, needed-everywhere planning problem but it doesn't have any of its own big software players. The reason is that Anaplan is so well-suited to the use case, that you'd waste your time trying to create a bespoke competitor. And Anaplan's offering is only strengthening.

T&Q has the hallmarks needs of planning: nuanced, many disparate data sets, very large data sets, operational and financial considerations, many distributed stakeholders, and consistent collaboration. Anaplan checks each of those boxes an we see it at our customers. Our customers tell us they love a prescriptive approach that they still can own (the new T&Q app comes out of the box), where they can merge what they love about their current process with the best-in-class they need. These streamlined T&Q apps help our customers create fairer territories with better account scoring, build better quotas to set the right incentives and reach the right attainment curve, and do it all significantly faster. Our happiest customer now deploys territories and quota before the yera begins when it previously took them until 6 weeks into Q1. Review collected by and hosted on G2.com.

It is a not a drag-and-drop tool for do it yourself dashboarding. But it is also not intended to be this. The target of Apliqo is rolling out applications to a group of end users that can get going without the need for extensive trainings. Review collected by and hosted on G2.com.

We mainly use Apliqo (both UX and FPM) for internal reporting. We use it for our day-to-day timesheets, our (financial) month end close, dashboarding and reporting.

The operational model is tracking our projects on a day-to-day basis, provinding an overview of budgets-to-date, time spent (hours/days), expenses tracking. Our users are entering information on a daily basis.

For the financial closing we are currently utilising the P&L/Balance sheet reporting layer across our region, based on input from various countries, coming from different data sources (accounting systems).

Everything gets harmonized through a common mapping to a uniform group layer. Review collected by and hosted on G2.com.

Mapping the GL accounts on set up is slighly time consuming but even this aspect is reasonable. Review collected by and hosted on G2.com.

LifeFlow allows us to provide detailed and up the the minute financials to key players in the organization that don't live in QuickBooks like the finance team does. Leaders are able to get the information they need to make decisions right from a spreadsheet. We also value the consolidation of our multiple companies in different combinations as needed to customize based on each unique stakeholder. Review collected by and hosted on G2.com.

We did extensive diligence for an FP&A tool because as a small org, this was a big decision for us. We're pleased to report there's not a single reason we regret that decision! We made the right one. Review collected by and hosted on G2.com.

Abacum is democratizing our financial data, allowing us to plan better operationally, and to forecast revenue realization. Review collected by and hosted on G2.com.

One thing that has been challenging for me to get used to about monthly reporting is what to do when our numbers go down in a month instead of in an upward trajectory. One way to mitigate this is the emphasis on both a general progress and a numerical report. Review collected by and hosted on G2.com.

AchieveIt is allowing me to set goals and have ongoing evaluation with ease. It also helps with reporting my goal progress to the larger company and my supervisor. Review collected by and hosted on G2.com.

No points as of now. It took me a month to get used to Rhythm, but I love using it weekly Review collected by and hosted on G2.com.

We have different Teams working towards the same Department, based out of different geographies. It was difficult keeping track of all the projects various Team members were working on. This software helps us keep track of the overall departmental goals, and our individual goals. Review collected by and hosted on G2.com.

*Data Explorer's load time is slow. I'd like the initial view limited to 100 records to speed it up.

*Unable to control the report archive for my users. I want to be able to delete reports in their archive, similar to being an admin in a workspace.

*Parameter naming is inflexible. I had an issue where a previous report creator was using 'periods' and I was using 'period'. This created a confusing extra period filter in the report archive for users. To fix this, I had to delete the old parameter out of every report and setup a new paramter. Then I had to publish the report to the report archive and now my users have 2x the report because I can't control their archive space.

*Default LID entry in input templates. My users think it's clunky and they constantly make mistakes while using it e.g., leaving the last column cell blank & somehow breaking it by putting a value in the main line (even though I thought that wasn't supposed to be possible... they found a way to break it). I then have to clear out everything, save, and re-enter in the LID section.

*Solver is very slow sometimes or has issues fetching drill-down data or it fails. I'd like to have an indication of when Solver is experiencing a slowdown or issues.

*Customizing a drill-down in a report is cumbersome.

*No way to 'view as' a role. In many programs I admin, I can 'view as' a role so I can interact with the program the way the user is enabled to.

*Auto-save feature for input templates. I had 2 users enter their budgets and not his save this cycle.

*Overhaul the look and UI experience of input templates. I had some users complain that it wasn't "slick looking"... I get that it's Excel, so maybe at least Learning Academy courses on beautifying a report template and best practices for the user experience.

*Maybe I missed this option, but there is no way (?) to get a summary of my publisher jobs for the day so I can see what ran or did not run easily.

*Lack of user community. With many other software programs, users can respond and try to help others, and then an official representative of the software responds occasionally. The Solver community forum is a borderline ghost town.

*Need the ability to lock roles in the planning security section instead of having to lock the entire scenario down

*Metrics on how often reports are viewed and by what users Review collected by and hosted on G2.com.

Solver enables our company to quickly build up its future financial picture. Since the department heads can enter their budgets and forecasts directly into Solver, we get the information ASAP. This helps our executive team intervene if necessary, informs their decision-making, and helps them with their plan. Review collected by and hosted on G2.com.

When I first starting using Datarails, there was a fairly steep learning curve. However, I've had expert assistance from the Datarails team throughout my onboarding from Datarails experts who have helped me accomplish my goals. At times, we have run into system limitations but those have become future improvements on the Datarails roadmap, such as the recently released year-over-year comparison option. And while my learning curve was steep, I've seen recent updates that have made the system more user-friendly so I suspect future newbies will have an easier time getting fully up to speed. Review collected by and hosted on G2.com.

Datarails has provided an easily-implemented solution to my GL's greatest weakness - reporting. Instead of my array of spreadsheets and Google Slides that I previously used to share monthly KPIs with my leadership team (which all required manual updating every month), I now have a slick, automated tool that accomplishes hours of work instantly. While we primarily use Datarails for reporting and looking backwards, I'm excited by the opportunity to implement some budgeting and forecasting use cases as well. Review collected by and hosted on G2.com.

There is a higher learning due to the flexibility of the system. Review collected by and hosted on G2.com.

With Compyl, we have all our program information in one place that can be reported on or visually shown through dashboards. This also allows us to know the current state of compliance across a number of different frameworks. Review collected by and hosted on G2.com.

We are just waiting for the launch of Vareto 2.0 to start implementing Planning, but everything we have heard about the roadmap has us super excited! Review collected by and hosted on G2.com.

Getting us out of excel(s) and manual processes, which reduces time spent compiling information once the books are closed so that we can spend more time analyzing results

Transaction level observability so we can make the most informed business decisions

Organizing our reporting and planning all in one place that allows our teams to be collaborative Review collected by and hosted on G2.com.

The only issue I have seen with hyperProof is if a jumpstart is done with similar controls as it can create duplicates with no way of mass deletion. However, HyperProof is fixing this issue, and the reason why it is important as a user to test everything in the sandbox before doing anything in the production enviroment. Review collected by and hosted on G2.com.

HyperProof is helping to solve issues such as time maintaining security packages and audits. Review collected by and hosted on G2.com.

It really has been fantastic to work with them. I like everything about this platform and I am very satisfied with how it works since I started using it until now. It is a passionate organization that wants to see its customers succeed and be resilient. Review collected by and hosted on G2.com.

The Fusion platform has helped us create our continuity plans, categorize our risks and incidents across our organization through its ability to connect the dots and truly see our dependencies and gaps. We have very specific requirements based on our risk models and this platform allows us to meet each of them. Review collected by and hosted on G2.com.

It is just my personal preference for the future, but possible integration with Power BI to automate reporting would be a valuable enhancement. However, the system does provide comprehensive data analysis itself. Review collected by and hosted on G2.com.

Firstly, the product provides great customer service and a comprehensive knowledge base. This was crucial for us because, during the setup stage, especially since it was the first time for our organization, we lacked experience using the platform. The company offers various training sessions, guidance, personal support, and excellent in-system support for any questions. Additionally, the program is easy to use; we easily engaged our leaders and used the voting option online during our meetings. The product is well-designed to bring all the pieces together and monitor the progress of risk mitigation.

Essential ERM addresses several critical issues. The system effectively tracks and manages incidents, linking them to risks, controls, and action plans, which enhances our organizational response and mitigation strategies. Moreover, it aligns enterprise risks with strategic objectives, ensuring that business unit leaders and executives are effectively engaged. Review collected by and hosted on G2.com.

The lack of guided training programs such as those offered by ClickUp or Salesforce make for a more difficult learning experience. Review collected by and hosted on G2.com.

Visualizing our budgets and forecasts, and moving them between Excel and NetSuite. It lets us plan for the next year easily, by creating budgets and comparing them against last year's budget, performance, or even another hypothetical budget. Review collected by and hosted on G2.com.