SAP BusinessObjects GRC and Active Risk Manager are products in the governance, risk, and compliance sector. Active Risk Manager is favored due to its strong risk assessment features.
Features: SAP BusinessObjects GRC includes integration with SAP modules, risk analytics tools, and data security features. Active Risk Manager offers risk identification, scenario analysis, and custom reporting options.
Ease of Deployment and Customer Service: SAP BusinessObjects GRC's cloud-based deployment is simple with efficient customer service. Active Risk Manager provides cloud and on-premise options, plus extensive customer support, making it suitable for various IT setups.
Pricing and ROI: SAP BusinessObjects GRC has higher initial costs with scalable ROI. Active Risk Manager offers a lower initial investment and quick ROI through flexible pricing.
| Product | Market Share (%) |
|---|---|
| SAP BusinessObjects GRC | 1.6% |
| Active Risk Manager | 1.4% |
| Other | 97.0% |
| Company Size | Count |
|---|---|
| Small Business | 1 |
| Large Enterprise | 6 |
Active Risk Manager is designed for organizations seeking to effectively identify, analyze, and manage risks. It offers an integrated framework that facilitates decision-making by providing comprehensive insight into potential threats and opportunities.
Known for its robust approach to risk management, Active Risk Manager caters to complex environments demanding proactive monitoring of potential risks. It supports strategic decision-making by delivering critical risk insights and fostering transparency. Through its versatile platform, it addresses key pain points by ensuring risks are documented, analyzed, and mitigated efficiently, enhancing the probability of meeting business objectives.
What are the key features of Active Risk Manager?Active Risk Manager is tailored for use in industries such as finance, defense, and energy, where managing risk is crucial. In finance, it offers risk quantification and mitigation strategies. Defense sectors use it for assessing project risks, while the energy industry benefits from its capability to manage safety and environmental risks effectively.
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