Head-to-head · Enterprise Risk Management (ERM) Software
Workiva Risk Management vs Riskonnect
Workiva Risk Management leads on 0 checks, Riskonnect on 0, and 3 are even. Who comes out ahead on the 3 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.
Our verdict
- Highest scoreWorkiva Risk Management · 9.0/10
- Most featuresWorkiva Risk Management · 2 of 5
Workiva Risk Management scores higher on our rubric for enterprise risk management (erm) software: 9.0 against 8.9 out of 10; our editors rank them #5 and #6.
Workiva Risk Management is the better fit for enterprise risk teams wanting reporting and attestations. Riskonnect is the better fit for enterprise compliance and third-party risk programs.
- Workiva Risk Management fits best
Enterprise risk teams wanting reporting and attestations
- Riskonnect fits best
Enterprise compliance and third-party risk programs
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Side by side
| Feature | Workiva Risk Management 9.0/10 Visit ↗ | Riskonnect 8.9/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.0 | 8.9 |
| Ranking | #5 in Enterprise Risk Management (ERM) Software | #6 in Enterprise Risk Management (ERM) Software |
| Best for | Enterprise risk teams wanting reporting and attestations | Enterprise compliance and third-party risk programs |
| Pricing model | Paid | Paid |
| Starting price | Pricing on request | Pricing on request |
| Free plan | — | Not checked yet |
| Free trial | — | — |
| Deployment | Cloud | Cloud, Mobile |
| Platforms | Web | Web, iOS, Android |
| Support | Email, Phone, Community, Docs | Email, Phone · 24/7 |
| Built for | Enterprise | Enterprise |
| Features Workiva Risk Management 2/5 · Riskonnect 0/5 | ||
| Compliance mapping | ✓ (best) | Not checked yet |
| Third-party risk | Not checked yet | Not checked yet |
| Business continuity | Not checked yet | Not checked yet |
| Workflow automation | ✓ (best) | Not checked yet |
| ESG risk management | Not checked yet | Not checked yet |
| Specs | ||
| Risk analysis depth | Both | Not checked yet |
| Deployment options | Cloud | Not checked yet |
| Our review | ||
| Pros |
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| Cons |
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| Our verdict | Workiva Risk Management is an enterprise risk management solution within Workiva’s governance, risk, and compliance platform. It is designed for audit and risk teams that need a shared risk register or risk universe, structured… Read the review → |
Riskonnect is an integrated governance, risk, and compliance platform for large organizations. It brings regulations, policies, procedures, controls, assessments, attestations, audit activities, and regulatory-change workflows into a… Read the review → |
Strengths and trade-offs
Workiva Risk Management — where it wins
- Combines risk registers, assessments, attestations, KRIs, and event tracking.
- Connects risks, regulations, and controls with matrices and mapping.
- Web platform and API support reporting workflows and system integration.
Where it doesn't
- Value-based, contact-sales pricing makes upfront comparison difficult.
- Cloud deployment may not fit organizations requiring on-premises hosting.
- Enterprise orientation may exceed the needs of smaller risk teams.
Riskonnect — where it wins
- Centralizes obligations, controls, evidence, assessments, and attestations
- Covers vendor risk, remediation, audits, and regulatory-change workflows
- Supports web, API, iOS, Android, plus 24/7 phone and email support
Where it doesn't
- Pricing requires a sales conversation and varies by project scope
- Enterprise focus may be excessive for smaller or narrowly focused teams
- The listed integration approach centers on APIs rather than a broad connector catalog
- Workiva Risk Management9.0/10 · Pricing on request
A focused cloud ERM package for enterprise risk reporting, attestations, and control mapping.
Visit WorkivaFull verdict → - Riskonnect8.9/10 · Pricing on request
Broad ERM coverage for enterprise compliance, controls, audits, and vendor risk.
Visit RiskonnectFull verdict →
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All enterprise risk management (ERM) software comparisons → · Full ranking →
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Last updated · How we research and update



