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Enterprise Risk Management Software built for Projects, Portfolios and Transformation  

Identify, assess, prioritize, and mitigate inherent and residual risks with edison365 – a Microsoft-powered enterprise risk management software, built for projects and portfolios. 

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Why Organizations Need  Enterprise Risk Management Software 

Although organizations face new and emerging risks every day, many teams still rely on disconnected spreadsheets, siloed systems, and manual processes to manage them.   

With edison365, organizations can move from reactive risk tracking to proactive, consistent risk management. It connects risks directly to projects, business cases, resources, and initiatives, giving teams real-time visibility into risk exposure and adaptability. 

Key Benefits 

How edison365 differs from Traditional Risk Tracking 

Why Organizations Choose edison365 as Their ERM Software 

Connects Risk Management Across the Portfolio

Traditional risk management tools often operate in isolation. But edison365 connects risk management directly to ideas, projects, portfolios, resources, and transformation initiatives. This ensures risk management is embedded into execution, giving teams a clear view of risk exposure, interdependencies, potential actions for mitigation, and overall impact. 

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Fully Customizable to Your Governance Model 

Every organization manages risk differently. edison365 doesn’t ask you to change your ways of working, but adapts to your processes. You can customize:  

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Built for Microsoft  

edison365 is built on Microsoft 365, so it naturally fits into your existing Microsoft ecosystem and integrates with tools like Teams, SharePoint, and Power BI. This means:  

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Enterprise-Ready Scalability 

Whether it’s managing risks for a department or an enterprise-wide transformation portfolio, edison365 scales alongside your organization. You can start small  and expand as your needs grow, without increasing complexity.   

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Love what you see? Trial edison365 for free. 

Experience the interface and test drive the features, leveraging sample templates, custom workflows, and more, to see if it fits your needs. No risk, no commitment.

Features

Key Features of edison365 Enterprise Risk Management Software  

Centralized Risk Registers

Create structured, configurable risk registers that support the full risk lifecycle, giving stakeholders a complete view of enterprise risk exposure. 

Record probability, impact, ownership, dependencies, due dates, and escalation paths in one place.

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Risk Scoring, Prioritization, and Mitigation

Automatically calculate inherent and residual risk scores using configurable impact and likelihood models. Prioritize critical risks faster and define mitigation actions to reduce impact and keep initiatives on track.

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Portfolio-Wide Risk Visibility

View risks across individual projects, departments, or entire portfolios. Understand the impact on the strategic objectives, risk appetite thresholds, budgets, timelines, and business outcomes.

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Real-Time Dashboards & Reporting

Monitor enterprise risks through personal and executive dashboards, with seamless integration with Power BI for advanced reporting. Track trends, key risk indicators (KRIs), and emerging risks to support faster decision-making.

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Automated Workflows and Governance

Standardize enterprise risk governance processes with risk reviews, audit trails, and escalation protocols tailored to your organization.

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The Right Enterprise Risk Management Software for Every Industry

Risk management can look different for different industries. The right enterprise risk management software caters to every industry’s unique needs, aligning with its ERM framework.  

Healthcare and Pharmaceuticals

Manage compliance obligations, transformation programs, operational risks, and innovation initiatives in highly regulated environments.

Reduce project delays, manage contractor risks, monitor budgets, and improve delivery oversight across complex infrastructure projects.

Strengthen regulatory compliance, internal audit requirements, and reporting accuracy, and monitor operational and strategic risks across portfolios.

Identify bottlenecks, supplier risks, operational disruptions, and resource constraints before they impact the supply chain.

Improve visibility, accountability, auditability, and risk oversight across nationwide transformation programs and public initiatives.

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How edison365 Enterprise Risk Management Software Works 

Identify Risks

Capture risks through customizable forms and workflows. 

Prioritize Critical Threats

Rank risks and focus on critical issues with the highest potential impact. 

Monitor and Report in Real Time

Track real-time progress through dashboards, reports, and portfolio transparency. 

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Assess and Score Risks 

Evaluate risks based on impact, urgency, financial exposure, or bespoke scoring criteria. 

Assign Mitigation Actions

Assign owners, due dates, approvals, and mitigation plans to ensure accountability. 

Continuously Improve

Revisit, revise, and refine your ERM framework as your organization evolves

Identify Risks

Capture risks through customizable forms and workflows. 

Assess and Score Risks 

Evaluate risks based on impact, urgency, financial exposure, or bespoke scoring criteria. 

Prioritize Critical Threats

Rank risks and focus on critical issues with the highest potential impact. 

Assign Mitigation Actions

Assign owners, due dates, approvals, and mitigation plans to ensure accountability. 

Monitor and Report in Real Time

Track real-time progress through dashboards, reports, and portfolio transparency. 

Continuously Improve

Revisit, revise, and refine your ERM framework as your organization evolves

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See how  The Salvation Army Tackles Risks with edison365

From setting up enterprise-level risk registers to leveraging comprehensive Power BI dashboards to understand risks across different business units, The Salvation Army is aligning innovation efforts across the organization. 

“What we love about edison365 is that it really gives us a control tower to be able to facilitate that entire view of our transformation process.” 

4 out of 5 teams who trial our tools choose us for end-to-end transformation!

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ERM Software FAQs 

What is enterprise risk management (ERM) software? Why is it important? 

Enterprise risk management software helps organizations identify, assess, prioritize and mitigate potential risks across projects, departments, and initiatives. The right ERM software informs a proactive risk management approach, rather than a reactive one. With centralized risk registers, edison365 gives you visibility and insights to make informed decisions.  

Unlike a lot of risk management software, edison365 offers a more in-depth, end-to-end experience. Teams not only assess risks and threats but carry out full-scale transformation, going from idea to implementation.  
 
This makes it easier for them to move from one business case to another, all while assessing the risks and making positive changes. It’s essentially one central location for everything organizations could need. 

Project risk management software focuses on risks tied to individual projects, while enterprise risk management software provides organization-wide visibility across operational, strategic, financial, compliance, and project-related risks.

 

ERM platforms like edison365 enable teams to monitor and manage risks across entire project portfolios and transformation initiatives.

Yes, edison365’s completely configurable! Organizations can customize workflows, forms, risk scoring models, and governance to their specific requirements.

Enterprise risk management software is commonly used by PMOs, project managers, transformation leaders, finance departments, innovation teams, and executive stakeholders to track, assess, and handle risks.

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