Essential ERM is an enterprise risk management platform designed to help organizations identify, assess, and manage risks across the business with an emphasis on connecting risk to strategic objectives and decision-making. The platform aims to address common challenges in risk management, such as overly centralized programs, complex or narrow tools, and the lack of meaningful linkage between risks and business strategy. Essential ERM is positioned as a practical alternative to traditional GRC (governance, risk, and compliance) platforms, offering a system that supports distributed ownership and engagement across business teams rather than just specialists.
The tool provides structured workflows that enable business users to directly participate in risk identification, assessment, and management. It allows organizations to assign clear ownership of risks across teams, link risks to strategic objectives and initiatives, and maintain a unified view of both enterprise and third-party/vendor risks. Essential ERM is designed to be adopted across the organization, starting with a practical foundation that can be expanded as the organization's risk management program matures. The platform emphasizes usability for both central risk teams and distributed business users, aiming to streamline implementation and reduce the complexity associated with many GRC solutions.
Essential ERM includes capabilities for risk intelligence and analytics, offering real-time visibility into the organization's risk landscape. The platform is intended for a wide range of industries, including financial services, healthcare, education, manufacturing, technology, and the public sector, among others. It is promoted as a solution for executives, risk and compliance teams, operations, and those involved in strategic planning, ESG reporting, and incident management.
The platform is delivered as a software service and is supported by enterprise-level support. It offers a 30-day implementation period and does not require a credit card to get started. Essential ERM is developed by Tracker Networks Inc.
Essential ERM is a Business & Operations product. It focuses on managing and tracking enterprise risks without relying on spreadsheets or overly complex GRC platforms. It is built as a B2B product for risk managers. Essential ERM is a paid product. The product ships for the web.
Behind Essential ERM is Tracker Networks. Key capabilities include risk assessment, incident management, and audit automation. It exposes integrations via a public API.
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