Ideagen Risk Management vs. Iovation Fraud Detection

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ideagen Risk Management
Score 7.3 out of 10
N/A
Ideagen's Enterprise Risk Management (ERM) software solution (formerly known as Pentana Risk) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way through to reporting and defining a long-term strategy for enhanced performance.N/A
Iovation Fraud Detection
Score 8.0 out of 10
N/A
Iovation fraud detection software is an offering from the Portland-based company of the same name.N/A
Pricing
Ideagen Risk ManagementIovation Fraud Detection
Editions & Modules
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Offerings
Pricing Offerings
Ideagen Risk ManagementIovation Fraud Detection
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Ideagen Risk ManagementIovation Fraud Detection
Top Pros

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Top Cons

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Features
Ideagen Risk ManagementIovation Fraud Detection
Governance, Risk & Compliance
Comparison of Governance, Risk & Compliance features of Product A and Product B
Ideagen Risk Management
7.3
1 Ratings
3% below category average
Iovation Fraud Detection
-
Ratings
Common repository of GRC items6.41 Ratings00 Ratings
Risk management8.21 Ratings00 Ratings
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User Ratings
Ideagen Risk ManagementIovation Fraud Detection
Likelihood to Recommend
7.3
(1 ratings)
-
(0 ratings)
Usability
6.4
(1 ratings)
-
(0 ratings)
Support Rating
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
Ideagen Risk ManagementIovation Fraud Detection
Likelihood to Recommend
Ideagen
Pentana is great for monitoring PIs and risks. We find it less helpful for monitoring projects (with the Actions module); it isn't quite flexible enough for our needs, though the support team have been very helpful in adding custom fields for us.
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Iovation
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Pros
Ideagen
  • Pentana is excellent for monitoring, recording and reporting on PIs. Very easy to use the PI module.
  • Pentana is excellent for monitoring risks at various levels (service, strategic etc.). Risks are displayed very clearly in a tree structure and the module is relatively easy to use.
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Iovation
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Cons
Ideagen
  • Pentana could improve the free Documents module that comes with Pentana Risk. At the moment documents have to be linked to an action in order to display query results (such as how many documents are due for review) - this can be confusing for users who don't understand why there is an action linked. There is also no easy way for users to see the documents that are assigned to them.
  • We would like to use the Actions module fully in order to monitor our corporate projects, but it a bit confusing for users and not very flexible when a project doesn't mirror Pentana's way of monitoring actions.
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Iovation
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Usability
Ideagen
Some modules are more user-friendly than others. It's sometimes not obvious where to click to update the fields (or even that field titles can be clicked on). We have written 'Howdys' to help users. There can also seem to be a lot of steps/clicks to updating risks and actions. The Reports module on Pentana classic is certainly not user-friendly, particularly the Report Layout and Charts modules - we were told these would be integrated into the web version but this hasn't happened yet.
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Iovation
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Support Rating
Ideagen
The support team are excellent and always answer queries promptly. They are very helpful.
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Iovation
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Alternatives Considered
Ideagen
We selected Pentana because our neighbouring authorities are users and had spoken highly of the product and given us demonstrations; some of our staff were also familiar with Pentana when it was called Covalent. It seemed to be the best product on the market for monitoring risks, PIs and projects.
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Iovation
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Return on Investment
Ideagen
  • Pentana Risk has allowed my team to focus on other areas of work whereas before we would be manually chasing for updates on PIs and risk. Pentana Risk does the chasing for us!
  • We are able to produce reports for audit purposes very easily, rather than sending spreadsheets which is what we used to do.
  • New managers can easily inherit risks, projects and PIs and see all of this on a custom portal, saving them time when they start.
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Iovation
No answers on this topic
ScreenShots