Risk Management Software

I find permissions to be a pain point. We have several groups using Optro, and in some cases permissions by role conflict, so it’s gotten complex. The drop-downs also don’t filter based on the selection. I’d like to select a Segment and have only the Divisions associated with it populate the next box. I don’t believe the group using CrossComply is satisfied, though I’m not familiar with the details. Review collected by and hosted on G2.com.

I have one true source for all things audit. I store all our documents in Optro, including our methodology and document requests. Review collected by and hosted on G2.com.

The connectivity to our sales and reorder metrics were only flat connections. No additional tools helped us with the predictive or forecast elements. Nothing that would could not easily perform with our Claude connection. We did not end up using any of the FP&A elements with the datarails tools. Review collected by and hosted on G2.com.

Silv Chiperea and Erin Issac were both so helpful in solving any critical or time sensitive tasks. No matter what time and how detailed of an issue, they were both always so responsive and instrumental at solving troubleshooting and resolving issues with us. Really appreciate their time and getting the chance to work with them. Review collected by and hosted on G2.com.

My only issue with Aleph is that the data isn’t always current and often requires scheduled or manual refreshes, especially when it’s connected to the accounting platform. Review collected by and hosted on G2.com.

Aleph has been solving our multi-entity reporting problem. We’re a venture studio doing the accounting for a portfolio of companies, each on its own QuickBooks file, plus Shopify, Stripe, Gusto, HiBob, Clockify and bank feeds. Before Aleph, consolidating 13 companies meant exporting reports, stitching spreadsheets together and rebuilding the same numbers every month, so most of our close was spent pulling data instead of reviewing it.

Now every company syncs into one workspace, and we build consolidated P&L, balance sheet and GL tables once and reuse them everywhere. Our monthly finance review deck and company financial statements pull live from Aleph through the Google Sheets and Slides connections, so when an entry changes in QBO, a refresh updates the numbers instead of us rebuilding them. We replaced our old company mastersheet tool with Aleph dashboards, and we’ve built automated checks on top of the data: intercompany reconciliation, bank vs book cash, data quality flags and Clockify billing rates.

The biggest benefit is time and confidence. Month end goes to reviewing variances instead of assembling them, and we catch issues like a stale sync, a miscoded bill or an intercompany mismatch before they reach a board deck. The AI tools have also let a small finance team build and maintain far more automation than we could have built by hand. Review collected by and hosted on G2.com.

Adaptive can be a little hard to teach our new hires. It takes them awhile to learn how to use the analytics efficiently. This can be a bit problematic since we have high turnover as people may get promoted or make a lateral move to another department. Review collected by and hosted on G2.com.

It's certainly cutting loss within the organization by making us more efficient. As my boss has helped explain to me it's helping us understand how long it takes for our new hires to reach full productivity after training and how to forecast business needs in accordance. Review collected by and hosted on G2.com.

It's not that I dislike Vena, but as a new user, it can feel a little overwhelming at first, especially because it is closely associated with budgeting and forecasting, which can involve a lot of information and details. Before getting started, it helps to have a clear understanding of what you want to achieve and what you are trying to accomplish using Vena. Having a clear goal in mind makes it easier to navigate the system, understand the steps involved, and make the most of its features. Once you understand your objectives and become familiar with the system, the process becomes easier to manage. Review collected by and hosted on G2.com.

Vena is helpful for tracking current and year-to-date expenses and provides better visibility into our financial position. However, the accuracy and usefulness of the information depend on users entering and updating their data on time. When updates are delayed, the information may not reflect our current expenses, making it more difficult to monitor spending and make timely decisions. This highlights the importance of user accountability and keeping information up to date so we can get the most benefit from Vena. Review collected by and hosted on G2.com.

One area that could be improved is the Excel import process for eliminations. I have occasionally encountered an issue where Fathom says the title or company name in the elimination file does not match, even when the file appears to be set up correctly. I eventually found a workaround, but the process was not very intuitive. Review collected by and hosted on G2.com.

Fathom is helping us solve the challenge of consolidating financial data from multiple entities and turning it into management-friendly reporting. Instead of relying heavily on manual Excel consolidation, we can bring our Xero data together, analyse performance across different markets, and present results in a much clearer way. The main benefit is time savings and better visibility. It makes it easier to understand profitability, compare performance across markets, and prepare professional reports for management and stakeholders without spending as much time building everything manually. Review collected by and hosted on G2.com.

There is some data integration complexity- certain integrations can require an additional set of tolls to function properly. There's also some difficulty with managing the workspace limitations and the learning curve can be a problem sometimes - training new people to build and maintain complex models could take significant time and effort. Review collected by and hosted on G2.com.

Anaplan solves many problems associated with manual planning processes. The performance of the system is quite satisfactory, eliminating any potential manual errors when it comes to managing a set of spreadsheets. Anaplan also optimizes the time and effort for planning long-range forecasts. Review collected by and hosted on G2.com.

It was tough at first to learn how the metrics, dimensions, models, and data all connected and worked together, but once I understood it, it’s been great. There’s definitely a bit of a learning curve, especially in the beginning. Review collected by and hosted on G2.com.

It’s allowing us to have all of our data talking to each other and working together. It’s become a one-stop shop for our data’s source of truth, and it lets us run different scenarios, plan for the future, and take a closer look under the hood at our business. Review collected by and hosted on G2.com.

It could be a bit more cost-effective. For a smaller firm, the price adds up as you add clients, so it takes some planning to make the per-client economics work. Review collected by and hosted on G2.com.

I send financial reports to my dental practice clients every month. Review collected by and hosted on G2.com.

I find that Martus is very passive in terms of where to go, what to do next and how to complete budget sections. The program does not lead you and is not structured in a manner that is sequential. It is difficult to get a birds eye view on what you have done and what still needs to be completed. The program requires a great deal of customer support to get it set up and working. In addition, Martus does not offer a Contracts module. This is very important in terms of budgeting as your YTD balance versus your YTD Balance PLUS encumbered amounts drastically changes what you have available to spend. I think this is a non negotiable component that Martus needs to add as soon as feasibly possible. Review collected by and hosted on G2.com.

Martus solves the need for having a reliable and organized method of building and maintaining a budget. Review collected by and hosted on G2.com.

Complyance can feel detailed at first, but that's expected for compliance and audit management. The AI features and SharePoint integrations have helped save significant time by reducing manual data entry and streamlining administration. Review collected by and hosted on G2.com.

Complyance has helped us work more efficiently by keeping our compliance activities organized in one place. The platform is reliable, easy to manage, and continues to improve with features like AI and SharePoint integrations that save our team time. Overall, we've seen strong value from the investment through improved efficiency and audit readiness. Review collected by and hosted on G2.com.

Not being able to upload documents to support risk or control reviews. A dedicated area for outstanding action items from all reviews for a company or a portfolio. Review collected by and hosted on G2.com.

We needed a "one stop" software that helps us to track the "essential" components of our ERM program, while maintaining a simple and easy to use platform.

Essential ERM from Tracker networks did that while staying under our budget. The development team is also very responsive and will assist with solving problems once it is verified as a true need.

The visualization of the risk through the bow-tie gives a nice overview of where we are while the heat map tells us quickly where we want to be. The KRI Monitoring really shows graphically where we are out of line and what to adjust to get back in. Review collected by and hosted on G2.com.

One area for improvement in Hyperproof is the user experience for certain workflows, which can sometimes feel less intuitive and require additional clicks to navigate. Managing large volumes of controls, evidence, and tasks can occasionally be time-consuming, and reporting customization could be more flexible to better meet different stakeholder needs. Improving ease of navigation and reducing manual effort in some processes would further enhance the platform's effectiveness. Review collected by and hosted on G2.com.

Hyperproof is solving the challenge of managing compliance, risk, and control activities across multiple frameworks in a centralized and structured manner. Instead of tracking controls, evidence, testing activities, and audit requests through spreadsheets and emails, Hyperproof provides a single platform to organize and monitor these activities. This benefits me by improving visibility into compliance status, simplifying evidence collection, enabling better collaboration with stakeholders, and reducing the manual effort involved in audit and control management. It also helps ensure that compliance activities remain on track, increases accountability through workflow tracking, and makes audit preparation more efficient and less time-consuming. Review collected by and hosted on G2.com.

Honestly, there isn't much I dislike about Workiva. If anything, I wish some processes were a little more intuitive for users who are new to the platform. The system is extremely robust, but that also means there are a lot of features to learn. Once you're familiar with it, it becomes an invaluable tool. Review collected by and hosted on G2.com.

For me, the biggest benefit has been having a single, connected platform for both controls and financial statement reporting. The linked-data functionality significantly reduces manual work and gives me confidence that updates are flowing consistently throughout our reports. It has improved accuracy, streamlined our review process, and made collaboration with internal stakeholders and auditors much more efficient.

As an accounting leader, I also appreciate the visibility and organization Workiva provides around internal controls. It helps us stay organized, maintain a strong audit trail, and focus more on analysis and decision-making rather than chasing document changes. Ultimately, Workiva has helped make our reporting process more accurate, efficient, and less stressful during critical filing and reporting deadlines. Review collected by and hosted on G2.com.

The initial setup of complex, custom-mapped reports can take a little bit of time. However, the LiveFlow support team is super responsive and helps bridge that gap quickly. Review collected by and hosted on G2.com.

We struggled with accurate cash flow forecasting. Because our actuals were updated manually, our forecasts were often based on outdated assumptions.

LiveFlow solves this by keeping our actuals current. This has made forecasting so much easier because we can now see our real-time cash position and runway at a glance. It allows us to perform instant variance analysis and make strategic pivots based on what is happening now, rather than what happened last month. It has saved our finance team hours of spreadsheet gymnastics every week. Review collected by and hosted on G2.com.

I dislike that it took me so long to find it. Review collected by and hosted on G2.com.

I can manage my cash flow on a weekly basis and make decisions with all the data in real-time versus stale information, bit by bit. Review collected by and hosted on G2.com.

I don't know of a way to use "dark mode" on the main screen. Bright white screens hurt after a long day. Review collected by and hosted on G2.com.

Humans have amazing brains. Our brains can hold onto details and bits of information with ease, but turning those pieces into a clear report—collecting them in one place so they can be easily shared with someone outside the same department or organization—takes time, and all too often something gets left out. When we do bring those bits of information together in a single space, a bigger picture can emerge for us as well. SimpleRisk helps us recognize those pieces of information as risks, categorize them, and potentially produce that bigger picture we might not have seen until everything was put in place. Now reports can be made, progress can be shown, and that bigger picture can be addressed! Review collected by and hosted on G2.com.

Very few downsides to using the platform from our end. Slightly frustrating at times having to search for / reload pages once an action has been completed and you revert to the first page. As mentioned earlier any time feedback has been provided it is acted upon by Maddie, Becky and the team. Review collected by and hosted on G2.com.

The platform replaced a series of spreadsheets and sharepoint capture points for us so just having it in place has been a godsend from a monitoring and awareness perspective. Review collected by and hosted on G2.com.

More native integrations would be helpful, especially more creative ways to incorporate Google Meet integrations, Google Sheets, and Google Mail.

The document designer could use some improvement as well. We like to generate automatic reports with it, but some of the formatting elements in the document designer feel limiting and make it harder to get the layout we want. Review collected by and hosted on G2.com.

The business problem SmartSuite is helping me solve involves complex workflows that need to be integrated across multiple departments. I like that it’s easy to build and adjust things as I go, and to integrate new workflows with minimal support. This allows us to operate better and always keep innovating our data/flow. Review collected by and hosted on G2.com.

No dislikes at this time, I would like a 2 factor authentication to login Review collected by and hosted on G2.com.

Security is huge and having the ability to use comply to help manage that is critical Review collected by and hosted on G2.com.