Risk Identification
Risk Identification in the context of Enterprise Risk Management (ERM) refers to the process enabled by the software to systematically detect and document potential risks that could affect an organization’s objectives. This feature allows users to capture risks from various sources, including internal operations, external environments, audits, and stakeholder inputs. It often includes tools such as risk registers, forms, and templates to standardize the collection of risk data. By facilitating early and comprehensive identification of risks, the software helps organizations proactively address potential threats, enhance situational awareness, and lay the foundation for effective risk assessment and mitigation strategies.
This software is researched and edited by
Rajat Gupta is the founder of Spotsaas, where he reviews and compares software tools that help businesses work smarter. Over the past two years, he has analyzed thousands of products across CRM, HR, AI, and finance — combining real-world research with a strong foundation in commerce and the CFA program. He's especially curious about AI, automation, and the future of work tech. Outside of SpotSaaS, you'll find him on a badminton court or tracking the stock market.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
