Products
Immediate ROI with Onspring’s Risk Management Software
12
risk management applications consolidated or replaced
210
risk related requests addressed
20
business risk management processes enabled and automated
Comprehensive Risk Management Software
See how Risk Management software from Onspring can help you.
Dive into the details of Onspring’s risk management solution so you can be better prepared for the unexpected.
Onspring Risk Management Software
Consolidate all your risk data with Onspring. It automatically assesses findings and alerts stakeholders when risk profiles shift, ensuring informed decisions.
Unified Risk Register & Aggregation
- Aggregate cyber, operational, financial, reputational and third-party risks into a single, comprehensive register.
- Hierarchical risk organization.
- Define and track financial costs, probabilities, and potential business impacts for each identified risk.
Dynamic Risk Assessment and Analysis
- Automate risk assessment workflows.
- Prioritize risks by criticality.
- Identify root causes and interdependencies.
- Analyze relationships between risks to uncover underlying vulnerabilities and systemic issues.
Proactive Risk Mitigation & Remediation
- Assign and track remediation tasks.
- Manage exceptions and risk acceptance.
- Trigger notifications (email, Slack, etc.) to key stakeholders when risk profiles change or actions are overdue.
Framework and Regulatory Risk Mapping Alignment
- Map risks to multiple frameworks, like NIST CSF, ISO 27001, CMMC, SOC 2, HIPAA and more.
- Maintain up-to-date content libraries.
- Show clear traceability from risks to controls and regulatory mandates for continuous compliance validation.
Continuous Monitoring and Performance Risk Metrics
- Continuously track live changes in risk status, control effectiveness and threat landscapes.
- Track key performance indicators (KPIs) and key risk indicators (KRIs) to assess the maturity and efficacy of your risk management program.
- Analyze trends and predict future risks.
Real-time Risk Reporting & Dashboards
- Create customizable dashboards and reports that provide instant visibility into your organization's risk posture.
- Support audit and stakeholder reviews.
- Provide leadership with clear, data-driven insights to make strategic decisions regarding risk acceptance, mitigation investments and resource allocation.
Onspring AI for Risk Management
Onspring AI liberates risk management professionals to concentrate on higher-value responsibilities that demand uniquely human skills.
- Onspring AI can assist with mapping regulatory requirements to internal policies and procedures to ensure alignment and identify compliance gaps.
- It can also identify duplicate or overlapping risk entries, including those applicable across departments to keep your GRC program clean and efficient.
Success Story
“We’ve been able to reduce costs by eliminating applications and reducing redundancies and overlap. We’ve gained new efficiencies from a process standpoint by refining and clarifying workflows ”
American Family Insurance
Related Resources
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5 Reasons Your Company Should Automate Third-Party Risk Management
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What Is RCSA? A 2025 Guide to Risk and Control Self-Assessment
Learn about Risk and Control Self-Assessment, how to conduct one and best practices for its implementation to ensure a meaning impact in your organization.
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Quick Guide: What is Operational Risk Management?
Operational risk management (ORM) protects reputation, minimizes financial losses and supports strategic decision-making. By fostering a strong risk culture and using frameworks like ISO 31000 or COSO, organizations can ensure resilience. Learn how here.
Request a Demo to see Onspring in Action
FAQs
Below you’ll find answers to common questions about risk management features, implementation, integrations, and more. If you don’t see the information you need, feel free to contact us. We’re here to support your risk mitigation success.
What is risk management software and how does it work?
Risk Management software automates, centralizes and enhances ERM processes. Instead of relying on manual methods like spreadsheets or fragmented departmental systems, ERM solutions leverage technology and AI to provide a more efficient, accurate and integrated approach to risk management.
What are the key steps in the risk management process?
Risk management processes vary widely and is dependent upon industry regulations, organizational structure, risk appetite and operational complexity.
Key steps include:
- Identify
- Assess Impact and Likelihood
- Mitigate
- Ongoing Monitoring of the RM Plan
What makes Onspring different from other risk management tools?
Onspring risk management software is made to scale up and out, evolving with you as your risk management program matures. Real-time visibility into your company’s risk posture. Schedule risk assessments and automate input from risk owners. Centralized risk register including third-party risk tracking. Complete control to update and customize on your own, no IT resources required.
Is risk register content for my industry included?
No. Onspring does not include risk register content. If you do not have risk register content for your industry, we can connect you with one of our partners who can provide it and we can help you upload the data into Onspring.
Can we change the risk methodology from a 5×5 to a 3×3 or something else?
Yes. You can change your risk methodology from a 5×5 to a 3×3 or any other configuration that best fits your organization. Onspring is fully configurable, so you can start using the 5×5 scale included in our governance, risk and compliance enterprise solution suite and adjust, or configure a 3×3 scale from scratch.
Can I change the labels on the X and Y axis of the risk heat maps?
Yes. You can change the labels on the X and Y axis of heat maps in Onspring’s GRC suite. All configurations for reporting are customizable, so you can see exactly the data you need to make better, faster decisions and reduce risk across your organization.
Can we implement Onspring’s GRC Suite ourselves?
Yes. You can implement the Onspring GRC software suite on your own once a designated administrator from your organization completes training. However, most customers choose to have Onspring implement for them, as that service is included when you purchase the GRC Suite with some licensing models.
Does Onspring’s GRC platform integrate with other business systems?
Yes. Onspring GRC software supports integration with systems like Docusign, Microsoft 365, Google Drive, Slack and many more. Expand Onspring’s capabilities further by integrating it with other systems through the Onspring API.
What kind of software training does Onspring offer?
Onspring offers multiple types of training, which can be combined for an ongoing learning experience:
- Onspring Essentials: This immersive class for administrators teaches the fundamentals of configuration and best practices for end-user adoption.
- Bootcamps: These focused training classes for administrators dive deep into specific Onspring features to help you achieve your goals for data management, process automation, and reporting.
- Web Training: On-demand videos are available 24/7 so you can learn to use Onspring on your schedule. Topics include configuring apps, importing data, creating surveys, using formulas, automating processes, and more.
- Free Friday Training: The name says it all. It’s free and held on Fridays twice per month. These 30-minute remote learning sessions often highlight new features so you always know what’s available for use.
Related Products
A robust set of connected programs that scale as your GRC ecosystem expands and adapts as your business addresses change.
GRC Suite
- Manage frameworks
- Automate workflows
- Real-time monitoring
Third-Party / Vendor Risk
- Onboard new vendors
- Manage assessments
- Track mitigations