Workiva Risk Management
Workiva Risk Management: A focused cloud ERM package for enterprise risk reporting, attestations, and control mapping. Ranked #5 of 26 in Enterprise Risk Management (ERM) Software by our editors (9.0/10); pricing: Pricing on request; best for enterprise risk teams wanting reporting and attestations.
At a glance
- Editor score9.0 / 10
- PricingPricing on request
- Best forEnterprise risk teams wanting reporting and attestations
- Free planNo
- Risk analysis depthBoth
- Founded2008 · Ames, Iowa, United States
- Facts checked24 Sep 2026
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.
Our verdict on Workiva Risk Management
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 assessments, attestations, key risk indicators, event tracking, and executive reporting. The feature set covers both risk analysis and compliance mapping, with dashboards, heat maps, and risk-and-control matrices supporting communication across stakeholders. Its enterprise positioning makes it a natural fit for organizations formalizing risk ownership and oversight across multiple functions.
According to Workiva’s published positioning, subscriptions use value-based, solution-driven pricing rather than seat-based pricing, with prospective customers directed to contact sales. That model can accommodate a broader implementation spanning risk, regulation, controls, and reporting, but it requires more planning before budgets can be compared. The product runs as a cloud deployment through Workiva’s web platform and offers an API, giving teams options for browser-based access and connections to surrounding systems. Support channels include email, phone, community resources, and documentation.
The standout strength is breadth within a focused ERM workflow: teams can move from planning and assessment to KRIs, events, attestations, heat maps, and board-ready reports while maintaining risk-control relationships. This makes it suitable for organizations that want risk records and evidence connected in one environment rather than split across separate tools. Teams seeking a self-serve product, on-premises deployment, or a lightweight risk register may prefer a narrower alternative. Workiva Risk Management is best suited to enterprise programs with established governance processes and a need for structured reporting and attestations.
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Workiva Risk Management pricing
Workiva Risk Management fact sheet
| Free plan | No |
|---|---|
| Paid from | Not verified |
| Risk analysis depth | Both |
| Compliance mapping | Yes |
| Third-party risk | Not verified |
| Business continuity | Not verified |
| Workflow automation | Yes |
| ESG risk management | Not verified |
| Deployment options | Cloud |
| Deployment | Cloud |
| Platforms | Web |
| Support | Email, Phone, Community, Docs |
| Built for | Enterprise (editorial estimate) |
| Pricing | Pricing on request |
| Website | workiva.com |
| Facts checked | 24 Sep 2026 |
Alternatives to Workiva Risk Management
- IBM OpenPagesBroad enterprise GRC coverage with cloud and on-premises deployment options.9.4
- ServiceNow Integrated Risk ManagementA broad ERM suite for organizations standardizing risk workflows on ServiceNow.9.3
- EnablonA broad operational risk suite for organizations coordinating safety, compliance, and environmental work.9.2
See all Workiva Risk Management alternatives →
Workiva Risk Management vs the competition
- Workiva Risk Management vs IBM OpenPages
- Workiva Risk Management vs ServiceNow Integrated Risk Management
- Workiva Risk Management vs Enablon
- Workiva Risk Management vs OneTrust Integrated Risk Management
- Workiva Risk Management vs Riskonnect
- Workiva Risk Management vs Protecht
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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