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ServiceNow Integrated Risk Management description
ServiceNow Integrated Risk Management helps businesses of all sizes manage risk and compliance efforts in one place. It offers tools for risk assessment, monitoring, reporting, and mitigation, all within a single platform. It aims to simplify complex processes, improve decision-making with real-time data, and reduce the impact of potential disruptions. This user-friendly system integrates with existing workflows for a streamlined approach to managing risks across your entire organization.
Who is ServiceNow Integrated Risk Management best for
ServiceNow Integrated Risk Management helps businesses manage risk and compliance in one platform. Users praise its comprehensive features, real-time insights, and automation capabilities. However, some find the interface complex and the documentation limited. Ideal for large enterprises seeking a centralized risk management solution.
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Best for enterprise companies.
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Suitable for various industries.
ServiceNow Integrated Risk Management features
| Supported Risk scoring is supported, including adjustments based on mitigation progress. |
| Supported ServiceNow IRM supports creating and implementing risk mitigation plans. |
| Supported Risk owners are assigned and progress is tracked. Automated follow-up is configurable. |
| Supported ServiceNow IRM supports building and maintaining a centralized risk register. |
| Supported ServiceNow IRM offers customizable and interactive dashboards to display risk profiles. |
| Supported ServiceNow IRM supports assigning and conducting risk assessments. |
| Supported ServiceNow IRM supports generating reports on risk trends and potential impact for stakeholders. |
ServiceNow Integrated Risk Management reviews
We've summarised 21 ServiceNow Integrated Risk Management reviews (ServiceNow Integrated Risk Management G2 reviews) and summarised the main points below.
- Comprehensive platform covering IT governance, service management, and compliance.
- Customizable workflows and solutions.
- Real-time risk management and informed decision-making.
- Easy to use for tracking issues, reporting, and collaboration.
- Helpful notifications and knowledge base repository.
- Excellent visualizations of policy and compliance weaknesses.
- Streamlines decision-making and data security.
- Automates risk assessment and prioritization.
- Simplifies compliance monitoring and reporting.
- Provides self-service portals and web services.
- Effective in handling release governance.
- Not user intuitive and can be difficult to navigate.
- Training and platform management skills can be costly.
- Limited customization for specific workflows.
- Documentation and support resources can be limited.
- Reporting tool lacks advanced filters and data visualization options.
- Timeout errors can lead to data loss.
- Updates and notifications can be unreliable.
- Non-intuitive UI, especially the cancel button.
- Modules don't follow NIST standards.
- Licensing model is complex and constantly evolving.
- Not all information is complete or fully detailed.
ServiceNow Integrated Risk Management alternatives
DALL·E 2Better for smaller companies and individual content creators. More focused on image generation and editing. A DALL·E 2 alternative for risk management.Read more
PolicyHubMore focused on policy management. It has faster website traffic growth but slower employee growth. A ServiceNow Integrated Risk Management competitor, it's designed for policy management and sharing.Read more
Aera TechnologyMore focused on decision automation and insights. Has grown faster recently. Better fit for larger enterprises. A ServiceNow Integrated Risk Management competitor.Read more
OpenAI GymBetter for developers building and testing machine learning models. It has significantly more momentum and is free. A good ServiceNow Integrated Risk Management competitor.Read more
Freshservice Gmail Gadget for G SuiteBetter for managing customer support tickets directly within Gmail. Has lower ratings and is growing slower. A good ServiceNow Integrated Risk Management competitor for those focused on email-centric customer support.Read more
TeamDynamix IT Service ManagementBetter for organizations focused on IT service management. A ServiceNow Integrated Risk Management competitor, it offers easier customization with a no-code approach. More suitable for small to medium-sized businesses. Has better customer service based on user reviews.Read more
ServiceNow Integrated Risk Management FAQ
What is ServiceNow Integrated Risk Management and what does ServiceNow Integrated Risk Management do?
ServiceNow Integrated Risk Management (IRM) is a centralized platform streamlining risk and compliance management. It enables businesses to assess, monitor, and mitigate risks, improving decision-making with real-time data and minimizing potential disruptions. The platform offers customizable dashboards, reporting tools, and integrates with existing workflows.
How does ServiceNow Integrated Risk Management integrate with other tools?
ServiceNow Integrated Risk Management integrates with existing workflows, offering a streamlined approach to managing risks across an organization. It provides self-service portals and web services, facilitating broader access and integration capabilities. It also supports a centralized risk register, enabling comprehensive risk data management.
What the main competitors of ServiceNow Integrated Risk Management?
Alternatives to ServiceNow Integrated Risk Management include LogicManager, Archer Integrated Risk Management, and MetricStream. These platforms offer similar functionalities such as risk assessment, incident management, and compliance reporting, catering to various business needs and budgets.
Is ServiceNow Integrated Risk Management legit?
Yes, ServiceNow Integrated Risk Management is a legitimate product. It helps businesses manage risk and compliance, offering tools for assessment, monitoring, and mitigation in a single platform. However, some users find the platform complex and not user-friendly, requiring costly training.
How much does ServiceNow Integrated Risk Management cost?
I cannot find pricing details for ServiceNow Integrated Risk Management. Contact the vendor directly to obtain a quote and discuss your specific needs. This will help determine if the product's worth aligns with its cost.
Is ServiceNow Integrated Risk Management customer service good?
Customer reviews indicate positive experiences with ServiceNow Integrated Risk Management's customer service. Users highlight the platform's ease of use and quick response times for questions and technical issues. While some find the platform difficult to navigate initially, the readily available customer support appears to mitigate this issue.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.