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Head-to-head · Risk Assessment Software

Diligent ERM vs RiskWatch Vendor Risk Management

  • Updated Oct 2026
  • Both researched from official sources
  • 1 check side by side
Higher score Diligent ERM #3 in Risk Assessment Software 8.6/10 Pricing on request ✓ 0 of 2 features Visit Diligent
RiskWatch Vendor Risk Management #7 in Risk Assessment Software 8.3/10 Pricing on request · 7-day trial Free trial✓ 0 of 2 features Visit RiskWatch

Diligent ERM leads on 0 checks, RiskWatch Vendor Risk Management on 0, and 1 is even. Who comes out ahead on the 1 yes/no, price and count check where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreDiligent ERM · 8.6/10
  • Free trialonly RiskWatch Vendor Risk Management

Diligent ERM scores higher on our rubric for risk assessment software: 8.6 against 8.3 out of 10; our editors rank them #3 and #7.

Diligent ERM is the better fit for boards and executives overseeing strategic risk. RiskWatch Vendor Risk Management is the better fit for teams managing third-party vendor risk.

  • Diligent ERM fits best

    Boards and executives overseeing strategic risk

  • RiskWatch Vendor Risk Management fits best

    Teams managing third-party vendor risk

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Diligent ERM 8.6/10 Visit ↗ RiskWatch Vendor Risk Management 8.3/10 Visit ↗
At a glance
Editor score 8.6 8.3
Ranking #3 in Risk Assessment Software #7 in Risk Assessment Software
Best for Boards and executives overseeing strategic risk Teams managing third-party vendor risk
Pricing model Paid Paid
Starting price Pricing on request —
Free plan Not checked yet —
Free trial — 7 days
Deployment Cloud Cloud, Self-hosted
Platforms Web Web
Compliance ISO 27001 SOC 2, ISO 27001, GDPR, HIPAA, SSO/SAML, 2FA
Built for Mid-market, Enterprise Small business, Mid-market, Enterprise
Features Diligent ERM 0/2 · RiskWatch Vendor Risk Management 0/2
Risk registers Not checked yet Not checked yet
Mitigation tracking Not checked yet Not checked yet
Specs
Risk methodologies Not checked yet Not checked yet
Risk scoring Not checked yet Not checked yet
Reporting Not checked yet Not checked yet
Deployment Not checked yet Not checked yet
Our review
Pros
  • Combines strategic and operational risks in centralized registers.
  • Monitors emerging risks, control gaps and appetite-threshold breaches.
  • Provides board-ready reporting with AI-assisted benchmarking and human approval.
  • Pre-built SIG, CAIQ, and NIST 800-161 questionnaire libraries
  • Combines evidence collection, SOC 2 report parsing, and control mapping
  • Continuous monitoring includes breach alerts and fourth-party tracking
Cons
  • Pricing requires contacting sales.
  • The listed platform is web-based.
  • Its broad enterprise-risk focus may exceed narrower assessment needs.
  • Pricing is quote-only rather than published as list prices
  • No free plan; access starts with a seven-day trial
  • Deployment and implementation options vary by tier
Our verdict

Boards and executive teams need a connected view of risks that span strategy and operations. Diligent ERM centralizes risk registers, controls and compliance data, then supports assessment, monitoring and reporting workflows. It is…

Read the review →

RiskWatch Vendor Risk Management helps compliance, risk, security, and audit teams inventory, tier, assess, monitor, and report on third-party vendors. Its scope includes pre-built SIG, CAIQ, and NIST 800-161 questionnaires, a vendor…

Read the review →
  1. Diligent ERMRisk Assessment Software 8.6Pricing on request
  2. RiskWatch Vendor Risk ManagementRisk Assessment Software 8.3Pricing on request · 7-day trial

Strengths and trade-offs

  • Diligent ERM — where it wins

    • Combines strategic and operational risks in centralized registers.
    • Monitors emerging risks, control gaps and appetite-threshold breaches.
    • Provides board-ready reporting with AI-assisted benchmarking and human approval.

    Where it doesn't

    • Pricing requires contacting sales.
    • The listed platform is web-based.
    • Its broad enterprise-risk focus may exceed narrower assessment needs.

  • RiskWatch Vendor Risk Management — where it wins

    • Pre-built SIG, CAIQ, and NIST 800-161 questionnaire libraries
    • Combines evidence collection, SOC 2 report parsing, and control mapping
    • Continuous monitoring includes breach alerts and fourth-party tracking

    Where it doesn't

    • Pricing is quote-only rather than published as list prices
    • No free plan; access starts with a seven-day trial
    • Deployment and implementation options vary by tier
  • Diligent ERM8.6/10 · Pricing on request

    Centralizes risk oversight and board reporting for mid-market and enterprise organizations.

    Visit DiligentFull verdict →
  • RiskWatch Vendor Risk Management8.3/10 · Pricing on request · 7-day trial

    A vendor-risk toolkit spanning questionnaires, evidence, monitoring, controls, and fourth parties.

    Visit RiskWatchFull verdict →

More comparisons

All risk assessment software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update