Our Top Picks

HighBond
HighBond
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep)
  • Integrations

HighBond is an integrated risk assessment software that identifies, assesses, monitors, and responds to the risks your enterprise faces. The software is available on an SaaS basis. Since the price is not listed online, you can contact the company to receive a custom quote that fits your company’s needs. This IRM software provides risk workshops that help identify and assess risks. These workshops enable a company to schedule remote live workshops and automate risk assessments based on specific risk indicators. Among its other offerings are real-time risk reporting and integrated assurance. HighBond offers a free demo.

Pros & Cons

Pros

  • 24/7 live rep support
  • Free demo

Cons

  • Pricing isn’t listed online

Summary

HighBond
HighBond
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    24/7 (Live Rep)
  • Disaster Recovery
    yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep)
  • Integrations
Keylight Platform
Keylight Platform
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Phone during business hours, online
  • Risk assessment

Keylight Platform aims to simplify compliance, make sustainability reporting easy, and most importantly, help manage your enterprise risks. The software provider offers a number of solutions that can be used as a stand-alone or together. It offers a free demo, after which you can purchase a plan that suits your organization’s needs. The lowest tier (Team Edition) is available for $2,600 per month billed annually, while the top tier (Enterprise) requires the customer to request a custom quote. This IRM software sets itself apart from others by offering a version you can install locally on Windows PC. Other features you get with this IRM solution are risk assessment and audit management capabilities, among other standard features.

Pros & Cons

Pros

  • Available for Windows
  • Clear pricing plans

Cons

  • No 24/7 live rep support

Summary

Keylight Platform
Keylight Platform
  • Starting Price
    • Team Edition:$2,600/month/billed annually
    • Team Edition Plus: $4,000/month/billed annually
    • Standard:$6,500/month/billed annually
    • Enterprise: Cusom Pricing
  • Free Trial/Demo
    Free Demo
  • Deployment
    Installed - Windows
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
    Online
  • Disaster Recovery
    yes
Features
  • Deployment: Windows, web-based, cloud, SaaS
  • Customer service: Phone during business hours, online
  • Risk assessment
LogicManager
LogicManager
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Phone during business hours
  • Integrations

Logic Manager helps break down information silos and enhance an organization’s performance through its IRM software. It comes with all the standard features, including integrations, reports, risk assessments, and audit management, among others. Logic Manager provides a wide range of content, including pre-built libraries and standard assessments. This IRM software provider has four pricing plans. The lowest plan (Basic) is $6,000 annually, followed by the Standard and Professional plans, which are $30,000 annually and $75,000 annually, respectively. The top plan (Enterprise) is available for $150,000 annually. Logic Manager's IRM solutions help you come up with effective risk mitigation strategies.

Pros & Cons

Pros

  • Clear pricing plans

Cons

  • No 24/7 live rep support

Summary

LogicManager
LogicManager
  • Starting Price
    • Basic: $6,000/annually
    • Standard: $30,000/annually
    • Professional: $75,000/annually
    • Enterprise: $150,000/annually
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    Business Hours
  • Disaster Recovery
    yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: Phone during business hours
  • Integrations
MetricStream Enterprise
MetricStream Enterprise GRC Solution
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep)
  • Compliance management

MetricStream provides IRM solutions to a diverse set of businesses across many industries. Through its integrated risk solution, it helps companies achieve compliance, perform effective risk audits, and mitigate cybersecurity risks, among other achievements. At the core of the platform are deep domain expertise, rich context, and explainable AI, among other technologies that give enterprises a robust foundation for assessing and managing their risks. The prices for this provider are not available online, but you can contact them to obtain a custom quote. To get acquainted with the software solution, MetricStream offers a free demo. Additionally, you get 24/7 live customer rep support as well as all the standard features, including compliance management and incident management.

Pros & Cons

Pros

  • 24/7 live rep support
  • Free demo

Cons

  • Pricing isn’t listed online

Summary

MetricStream Enterprise
MetricStream Enterprise GRC Solution
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    24/7 (Live Rep)
  • Disaster Recovery
    yes
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep)
  • Compliance management
Resolver Core
Resolver
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep), phone during business hours, online
  • Risk assessment

Resolver is a cloud-based integrated risk management software designed for midsize to larger enterprises. It enables users to manage their Risk Aversion, Mitigation Plans, Internal Controls, Internal Audit, Compliance Management, and Enterprise Risk Management. This software helps companies capture accurate data and reduce the frequency and impact of negative events. It's highly customizable, thus providing your enterprise with a tailored solution. Available only as a SaaS, this IRM software comes with all the standard features, including risk assessment and audit management. Resolver offers a variety of apps that can be used in conjunction or on their own. You get 24/7 live customer rep support.

Pros & Cons

Pros

  • 24/7 live rep support
  • Free demo

Cons

  • Pricing isn’t listed online

Summary

Resolver Core
Resolver
  • Starting Price
    • Custom Quote
  • Free Trial/Demo
    Free Demo
  • Deployment
    Web-Based, Cloud, SaaS
  • Support Options
    24/7 (Live Rep)
    Business Hours
    Online
  • Disaster Recovery
    no
Features
  • Deployment: Web-based, cloud, SaaS
  • Customer service: 24/7 (live rep), phone during business hours, online
  • Risk assessment

How We Chose the Best Integrated Risk Management (IRM) Software

Integrated risk management (IRM) is the combination of various processes and practices that aim to improve an organization’s decision-making processes and overall performance by managing all the organization’s risk in an integrated way. IRM software is the technology that facilitates effective IRM. When selecting the best IRM software for 2021, top among the features we considered were IRM features, integration with other tools, and the capability to generate results. With these features, an organization can effectively identify salient risks and put in place policies to minimize the occurrence and severity of negative events.

IRM Features

We give preference to software that has numerous integrated risk management features. These include risk assessment, audit management, and compliance management.

Integrations

We considered IRM software that integrates well with other tools companies typically use alongside IRM.

Reports

The best IRM software are the ones that generate reports that businesses use to perform reviews and improve their IRM practices.