Active Risk Manager and AuditBoard are competing in the enterprise risk management software space. AuditBoard seems to have the upper hand due to its strong feature set, despite Active Risk Manager's advantages in deployment flexibility and customer support.
Features: Active Risk Manager offers comprehensive risk identification, robust risk management solutions, and flexible assessments. AuditBoard provides streamlined audit management, advanced integration capabilities, and effective compliance tracking with automation features.
Ease of Deployment and Customer Service: Active Risk Manager offers flexible deployment options, including on-premises and cloud, backed by strong customer support. AuditBoard focuses on a cloud-first approach, providing intuitive onboarding processes. Both ensure efficient deployment, but Active Risk Manager's diverse deployment options and support merit attention.
Pricing and ROI: Active Risk Manager often involves a higher setup cost but delivers substantial returns through tailored risk management approaches. AuditBoard generally provides more cost-effective implementation, with pricing aligned to its extensive feature set, offering significant ROI through compliance efficiency. AuditBoard's lower setup cost makes it appealing, while Active Risk Manager's potential return could justify its premium pricing.
| Product | Market Share (%) |
|---|---|
| AuditBoard | 3.7% |
| Active Risk Manager | 1.4% |
| Other | 94.9% |
| Company Size | Count |
|---|---|
| Small Business | 2 |
| Midsize Enterprise | 4 |
| Large Enterprise | 6 |
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.
AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 35% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the fourth year in a row as one of the fastest-growing technology companies in North America by Deloitte. To learn more, visit: AuditBoard.com.
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