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IBM OpenPages vs Ideagen Risk Management vs ServiceNow Integrated Risk Management - Which Tool Fits Your Business?

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TL;DR - Quick Comparison Summary

Description

IBM OpenPages with Watson is an AI-powered, cloud-agnostic GRC platform designed to unify siloed risk management functions into a single, cohesive environment. Emphasizing a "GRC is ... Read More

Ideagen Risk Management is an intuitive, enterprise-grade risk management platform designed to unify risk data, control frameworks, and reporting under one fully integrated system. Offering ... Read More

ServiceNow's Integrated Risk Management (IRM) solution is a robust, AI-powered platform designed to unify and automate enterprise-wide governance, risk, and compliance (GRC) functions. ... Read More

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Software Demo

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How do IBM OpenPages, Ideagen Risk Management and ServiceNow Integrated Risk Management Compare on Features?

Total Features

13 Features

19 Features

22 Features

Unique Features

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        What Do IBM OpenPages, Ideagen Risk Management and ServiceNow Integrated Risk Management Cost?

        Pricing Option

              Pricing Plans

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              Pricing Page

              ibm-openpages pricingideagen-risk-management pricingservicenow-integrated-risk-management pricing

              Other Details

              Organization Types supported

                    Platforms Supported

                    • Mobile - iOS
                    • Mobile - Android
                    • Mobile - iOS
                    • Mobile - Android
                    • Mobile - iOS
                    • Mobile - Android

                    Modes of support

                    • 24/7 (Live rep)
                    • Business Hours
                    • Online
                    • 24/7 (Live rep)
                    • Business Hours
                    • Online
                    • 24/7 (Live rep)
                    • Business Hours
                    • Online

                    API Support

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                    IBM OpenPages vs Ideagen Risk Management User Reviews & Rating Comparison

                    Expert's Review generated by AI

                    IBM OpenPages with Watson is a sophisticated and forward-thinking GRC platform that brings AI into the heart of risk and compliance management. As someone who’s reviewed numerous enterprise risk ...Read more

                    Ideagen Risk Management has been a game-changer for our organization’s risk oversight and governance alignment. Its customizable scoring systems and seamless integration with internal audit ...Read more

                    ServiceNow’s Integrated Risk Management (IRM) solution offers a robust, AI-powered platform that centralizes governance, risk, and compliance functions, providing organizations with real-time ...Read more

                    Pros and Cons

                    Pros and Cons of IBM OpenPages

                    • OpenPages leverages AI to guide users in real-time, reducing time spent on navigation and manual queries, which boosts productivity across compliance and risk tasks.

                    • Its flexibility allows organizations to tailor workflows, taxonomies, and reporting tools to suit their unique risk management processes without complex development efforts

                    • OpenPages can run on any cloud platform, offering deployment flexibility and aligning with enterprise IT strategies, whether hybrid, public, or private cloud.

                    • AI-suggested classifications promote accuracy, helping reduce human error and enhancing the reliability of incident and risk data across departments.

                    • While highly customizable, the initial configuration can be complex and may require support from IBM or experienced consultants to get started effectively.

                    • As an enterprise-grade solution, OpenPages can be expensive, which may be a barrier for smaller organizations with limited GRC budgets.

                    Pros and Cons of Ideagen Risk Management

                    • Ideagen allows organizations to monitor an unlimited number of controls and entities, offering comprehensive oversight and scalability without additional costs.

                    • Users can define their own risk scoring models, formulas, and reporting structures, making the platform adaptable to any organization's methodology or industry standards.

                    • Its intuitive design ensures that both frequent and occasional users can navigate the system easily, encouraging broad organizational engagement in risk processes.

                    • The platform natively integrates with Ideagen Internal Audit, enabling fluid data sharing and collaboration across governance teams.

                    • While flexibility is a key strength, setting up custom scoring models and workflows may require a deeper learning curve or technical support.

                    • Although it integrates well with Ideagen tools, compatibility with third-party GRC solutions may be limited.

                    Pros and Cons of ServiceNow Integrated Risk Management

                    • ServiceNow’s IRM provides continuous monitoring, offering up-to-date insights into risk posture, compliance status, and resilience operations. This real-time visibility is crucial for organizations to act swiftly in response to emerging threats or disruptions.

                    • The platform leverages artificial intelligence to automate workflows, reducing manual effort and increasing efficiency. It also enhances decision-making by providing intelligent insights that guide actions in response to risk or compliance issues.

                    • IRM unifies risk-related data from various sources, allowing for more streamlined risk management. By consolidating risk, compliance, and resilience information into one platform, organizations gain better control and a holistic view of their operations.

                    • ServiceNow's IRM is designed for collaboration, allowing teams to work together effectively and manage risks in real-time. The flexibility of role-based apps ensures that the right stakeholders are always engaged in decision-making and compliance processes.

                    • ServiceNow’s IRM solution is a comprehensive, enterprise-level tool, which can be a significant financial investment. Small to medium-sized organizations may find the pricing prohibitive.

                    • To maximize its potential, organizations might need to allocate considerable internal resources for monitoring, customization, and integration, especially for businesses with complex risk and compliance needs.

                    List of Customers

                    Customers

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                    Heineken

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                    Admiral

                    Admiral

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                    Media and Screenshots

                    Screenshots

                    IBM- Openpages

                    5 Screenshots

                    Ideagen Risk Management

                    5 Screenshots

                    ServiceNow Integrated Risk Management

                    5 Screenshots

                    Videos

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                    Frequently Asked Questions (FAQs)

                    Stuck on something? We're here to help with all the questions and answers in one place.

                    Neither IBM OpenPages nor Ideagen Risk Management offers a free trial.

                    IBM OpenPages is designed for Large Enterprises and Medium Business.

                    Ideagen Risk Management is designed for Large Enterprises, Medium Business and Small Business.

                    Pricing details for both IBM OpenPages and Ideagen Risk Management are unavailable at this time. Contact the respective providers for more information.

                    Some top alternatives to IBM OpenPages includes and undefined.

                    Some top alternatives to Ideagen Risk Management includes and undefined.

                    Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

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