Pentana Risk - generally great
We currently use Pentana Risk for risk registers, PIs and some documents (mainly health and safety). It's being used by managers across …
Pentana Risk
Pentana Risk
Pentana Risk
Overview
What is Pentana Risk?
Ideagen's Enterprise Risk Management (ERM) software solution Pentana Risk (formerly Pentana Performance of Covalent Software, acquired in 2016) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way through to...
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What is Pentana Risk?
Ideagen's Enterprise Risk Management (ERM) software solution Pentana Risk (formerly Pentana Performance of Covalent Software, acquired in 2016) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way…
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Product Details
- About
- Competitors
- Tech Details
What is Pentana Risk?
Ideagen's Enterprise Risk Management (ERM) software solution integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, through to reporting and defining a long-term strategy for enhanced performance.
With Pentana Risk, businesses can establish an ERM framework that allows them to manage operational, financial, IT and strategic risks in a single risk management system. This risk software solution provides real-time metrics on all aspects of risk, such as performance, processes and assets, to ensure that business leaders have complete visibility and are able to exercise agility in risk management.
Pentana Risk Features
Governance, Risk & Compliance Features
- Supported: Common repository of GRC items
- Supported: Risk management
- Supported: GRC policy management
- Supported: Incident management
Pentana Risk Competitors
- Resolver
- Metric Stream
- One Trust
Pentana Risk Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Apple iOS, Android, Windows Phone |
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Reviews and Ratings
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November 23, 2020
Pentana Risk - generally great
Score 8 out of 10
Vetted Review
Verified User
We currently use Pentana Risk for risk registers, PIs and some documents (mainly health and safety). It's being used by managers across the organisation, including the senior leadership team. It addresses a variety of problems - not having to use a variety of MS Office products to produce reports/display information; succession planning/inheriting; users can access data as required without having to ask my team; ability to produce reports showing different cuts of data as required; golden thread - links between risks, business objectives and PIs.
- 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.
- 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.
40%
4.0
- 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.
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.