Origami Risk vs LogicManager
Last Updated:Our analysts compared Origami Risk vs LogicManager based on data from our 400+ point analysis of Risk Management Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
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Product Insights
- Never Miss Deadlines: Automatically alert risk owners about pending tasks and actions with real-time notifications.
- Easily Analyze Data: Import, analyze and report program data from external sources. Spreadsheets and documents maintain complete version history.
- Consolidate Claims Data: Collect granular data on cases through simplified claims reporting, especially via mobile app. More data allows faster claims processing.
- Versatile Reporting: Customize built-in reports to repurpose them for different checks.
- Centrally Accessible Database: Remotely access records, reports and documents from any device with an internet connection, complete with version history.
- Enhanced Decision Making: LogicManager equips organizations with comprehensive risk assessments and analytics, enabling leaders to make informed decisions by understanding the potential impact of risks on their strategic goals.
- Streamlined Compliance Processes: The software simplifies compliance with regulatory requirements by automating the collection and management of relevant data, ensuring that organizations stay ahead of changes in regulations.
- Improved Risk Visibility: With its centralized risk management framework, LogicManager provides a clear overview of all risk-related activities, highlighting areas of concern and enabling proactive risk mitigation strategies.
- Efficient Resource Allocation: By identifying and prioritizing risks, LogicManager helps organizations allocate their resources more effectively, ensuring that attention is focused on the areas of highest impact.
- Enhanced Collaboration: The platform fosters collaboration across departments by facilitating the sharing of risk information and strategies, breaking down silos and promoting a unified approach to risk management.
- Customizable Reporting: LogicManager offers flexible reporting tools that allow users to create tailored reports that meet the specific needs of different stakeholders, providing relevant insights to support strategic planning.
- Increased Operational Resilience: By enabling organizations to identify, assess, and mitigate risks, LogicManager helps build operational resilience, preparing businesses to respond effectively to unforeseen challenges.
- Cost Savings: Through the early identification and management of risks, LogicManager can help organizations avoid costly incidents and losses, contributing to overall financial stability and performance.
- Regulatory Compliance Assurance: The software's comprehensive compliance management features ensure that organizations can easily demonstrate adherence to industry standards and regulations, reducing the risk of penalties and reputational damage.
- Continuous Improvement: LogicManager supports a culture of continuous improvement by providing tools for regular risk assessments and the monitoring of mitigation efforts, enabling organizations to adapt and evolve their risk management practices over time.
- Risk Management: Adopt a holistic view of enterprise risk by documenting and correlating data breaches, workplace incidents, exploitations, controls, regulations, processes and more. Automate risk alerts and choose from tried and tested remediation practices. Track KRIs and KPIs of critical business processes and follow up on potential threats.
- Multi-factor Scoring: Create customizable risk ratings and scores based on the organization’s preferences. Analyze incident and loss data to spot risk trends.
- Scalable Security: Automatically check for changes in risk profiles. Update remediation responses to safeguard against constantly evolving threats.
- Risk InsightsRisk Insights: Use the customizable dashboard to run reports when specific risk tolerance thresholds are reached. Drill deeper into risk reports to generate contextual data.
- Compliance Management: Ensure the organization complies with state and federal regulations like ISO 27001, GDPR, HIPAA, SOX, COBIT, COSO and more. Follow up on validation reports and configure custom compliance ratings. Issue automated alerts for changes in compliance posture.
- Insights: Run regular compliance audits and report results to all stakeholders. Create tasks to follow up on corrective activities.
- Integration: Connect frameworks, controls and regulations to risk ratings for contextual awareness of compliance obligations.
- Internal Controls: Create internal controls for operational, financial and IT assets. Automatically calculate control test scores and communicate results via notifications.
- Business Continuity: Gauge the impact of disruptions on business processes. Prepare, test and execute continuity plans for all organizational operations, departments, locations and more.
- Internal Audit: Standardize internal audits with custom templates. Follow up on active audits, work papers, findings and recommendations. Integrate audits with risks, regulations and controls and automate report generation.
- Dashboards and Reporting: Choose from a variety of widgets and reporting templates. Categorize risks by location, framework or business unit and implement role-based dashboard access permissions.
- Risk Management: Standardize the risk identification process with preconfigured, custom risk criteria. Identify systemic vulnerabilities and perform root cause analysis to pinpoint upstream and downstream dependencies, duplication and redundancies.
- Assessment: Use a preconfigured risk library to standardize remediation measures and establish a universal risk language across multiple business units. Use best practice regulations, standards and frameworks to prioritize the most critical risks and minimize business impact.
- Risk Mitigation: Monitor risks and internal controls in real time and connect risks to associated controls, processes and resources. Automate workflows and notify risk owners of changes in local circumstances. Automatically diagnose misalignments, ineffective controls, redundancies and gaps in risk protection.
- Risk Monitoring: Monitor key performance indicators (KPIs) and key risk indicators (KRIs) with integrated control solutions. Configure custom risk thresholds, incident report forms and automated workflows. Standardize risk assessments throughout the organization with common frameworks. Identify emerging risk trends to proactively address vulnerabilities.
- Risk Reporting: Leverage the intelligent dashboard to run reports for audits, incidents, compliance, vendor management, SOX, business continuity and more. Improve stakeholder engagement with heat maps and data matrices. Automatically update existing reports and data visualizations to reflect new circumstances and information. Get a 360-degree view of remediation efficacy, controls and risk metrics with centralized controls and processes.
- One-click Compliance: Choose from hundreds of pre-existing controls in line with applicable regulations, frameworks and standards. Link controls to associated compliance with a taxonomy-driven artificial intelligence.
- Integrations: Integrate third-party applications with a simple, no-code, templated architecture. Some of the most popular integrations include Jira Software, DocuSign, Slack, Office 365, Google, etc.
Product Ranking
#26
among all
Risk Management Software
#50
among all
Risk Management Software
Analyst Rating Summary
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User Sentiment Summary
2 reviews
111 reviews
Origami Risk has a 'excellent' User Satisfaction Rating of 96% when considering 2 user reviews from 1 recognized software review sites.
LogicManager has a 'excellent' User Satisfaction Rating of 91% when considering 111 user reviews from 4 recognized software review sites.
Awards
Origami Risk stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
SelectHub research analysts have evaluated LogicManager and concluded it earns best-in-class honors for Audit Management, Business Continuity Management, Policy Management and Integration and Extensibility. LogicManager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Unfold the possibilities of risk management with Origami Risk: This software is like a Swiss Army knife for risk professionals, offering a comprehensive suite of tools to tackle even the most complex challenges. Users rave about its ease of use, highlighting the intuitive interface and streamlined workflows that make it a breeze to navigate. Origami Risk's flexibility is another major plus, allowing businesses to customize the platform to fit their specific needs like a glove. From risk assessment and mitigation to claims administration and reporting, it covers all the bases, leaving no stone unturned. However, no software is perfect, and Origami Risk has its quirks. Some users find the price tag a bit steep, especially for smaller businesses. Integration with other systems can also be a bit clunky at times, requiring some extra effort to get everything playing nicely together. Despite these minor drawbacks, Origami Risk remains a top choice for organizations seeking a robust and user-friendly risk management solution. Its ability to streamline processes, improve data-driven decision-making, and enhance collaboration across departments makes it a valuable asset for businesses of all sizes. Whether you're a seasoned risk pro or just starting out, Origami Risk can help you fold risk management into a work of art.
LogicManager, a cloud-based risk management solution, has been helping businesses for almost two decades. Its comprehensive features, like risk maturity modeling and assessment templates, enable organizations to identify, assess, and mitigate risks effectively. However, recent user feedback paints a mixed picture of the software's performance and value proposition. Users appreciate LogicManager's user-friendly interface and its ability to streamline risk management processes. The software's intuitive design and comprehensive features allow users to efficiently identify, assess, and mitigate potential risks, ultimately leading to improved business performance. Additionally, LogicManager's extensive user base and established reputation provide a sense of reliability and community support. However, some users express concerns about the software's cost and rigidity. The price point may be a barrier for smaller businesses or those with limited budgets. Additionally, the software's lack of flexibility can make it challenging to adapt to unique or evolving business needs. Compared to competitors like MetricStream and Archer, LogicManager offers a more user-friendly experience but may lack the advanced customization options of its counterparts. LogicManager appears well-suited for established businesses seeking a reliable and comprehensive risk management solution. Its ease of use and established track record make it a dependable choice for organizations looking to enhance their risk management practices. However, businesses with limited budgets or those requiring a high degree of customization may need to explore alternative options. It's important to note that software capabilities and market trends can change rapidly. Therefore, it's recommended to consult the latest online resources and reviews for the most current information before making a software decision.
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