Active Risk Manager and Riskonnect are competing risk management solutions. Riskonnect is perceived as superior due to its extensive features, despite Active Risk Manager's favorable pricing and support.
Features: Active Risk Manager provides integrated risk management, comprehensive risk tracking, and analysis capabilities. Riskonnect offers a robust cloud-based platform, advanced analytics, and flexible integration capabilities, appealing to organizations seeking a versatile risk management solution.
Ease of Deployment and Customer Service: Active Risk Manager supports straightforward deployment and responsive customer service, facilitating smooth implementation. Riskonnect provides exceptional customer service and a scalable cloud platform, offering a more seamless experience for expanding organizations.
Pricing and ROI: Active Risk Manager is known for its cost-effective setup and strong ROI, appealing to budget-conscious businesses. Riskonnect, despite a higher initial investment, offers a greater ROI through its advanced features and adaptability, providing a compelling value proposition.
| Product | Market Share (%) |
|---|---|
| Riskonnect | 1.0% |
| Active Risk Manager | 1.5% |
| Other | 97.5% |
Active Risk Manager offers comprehensive risk management solutions tailored to knowledgeable professionals. It provides a structured platform to identify, assess, manage, and report risks effectively, enhancing decision-making and operational resilience.
Active Risk Manager addresses diverse business challenges with its robust features, supporting businesses in mitigating potential risks and maximizing opportunities. Known for its adaptability, it integrates seamlessly into business processes, helping organizations navigate complex risk landscapes. With its focus on proactive risk management, Active Risk Manager ensures that companies can anticipate and adapt to changing risks, thereby safeguarding their strategic objectives and daily operations.
What are the most important features of Active Risk Manager?Active Risk Manager is applied across industries like finance, healthcare, and manufacturing, where it supports compliance and risk mitigation efforts. In finance, it helps manage strategic and operational risks, while healthcare uses it to address patient safety and data protection concerns. Manufacturing relies on it to ensure safety and supply chain resilience.
Riskonnect, Inc. is the only provider of true Integrated Risk Management solutions. Riskonnect is the trusted, preferred source of Integrated Risk Management technology, offering a growing suite of solutions on a world-class cloud computing model that enable clients to elevate their programs for management of all risks across the enterprise. Riskonnect allows organizations to holistically understand, manage and control risks, positively affecting shareholder value.
Riskonnect’s highly configurable technology is ideal for forward-thinking organizations facing increased scrutiny and accountability for corporate governance, strategy and strategic risk. Our solutions facilitate the ability to plan for and respond intelligently to all risks that could potentially harm an organization and its competitive position, damage corporate reputation and/or restrict strategic growth.
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