GOAT Risk

Pros: It is so simple. Huge plus for us. Its a 'pick up and go' product that needed very little training. Reporting is quick and easy, which was a chore with out previous system. We are very happy as an organisation.

Cons: Nothing major really. Some tweaks such as a click to a square rather than a drag on the matrix could be useful? General functionality is great though.

Pros: Very intuitive and accessible system for users with a high level of customisation allowing specific organisational requirements to be met. Excellent and personalised customer support is on hand whenever required.

Cons: Standard reporting formats from the system can feel slightly cumbersome at times, however functionality to export to Excel allows for bespoke reporting.

Pros: Simple to set up and easy to use. The system is also much better value for money when compared against other systems and the team at GOAT provide helpful advice on how to maximise use of the system.

Cons: The review function is being improved and that will help clients determine their own review frequency rather than having this pre-determined by GOAT.

Pros: Very flexible solution that can operate as a standalone risk management system without requiring integrations to other systems. Excellent customer support throughout and great value for money.

Cons: Because there are lots of areas you can customise, sometimes it's difficult to remember where all the different settings can be configured. But customer support are very quick to advise so this doesn't matter too much.

Pros: Because its Ease of Use, Intuitive Design, Visual Outputs and Reports and Fast Onboarding and Excellent Support.

Cons: Its Limited Customization, Navigation Issues, Visibility Limitations, Feature Set and Inability to Delete Templates.

Pros: Ease of use, very intuitive, overall look and feel. users have found it easy to use and can immediately see the benefits that it will bring

Cons: Nothing yet, has met all our requirements to date and we look forward to suing it in anger across the organisation.

Pros: What caught my attention was how GOAT Risk facilitated risk management to be owned by different departments. I was able to provide clearer responsibilities, understand the risk status in context and perform regular assessments minus the files’ pursuit.

Cons: When it came to scheduling risk reviews, there was a problem of flexibility of calendar rules. This created a challenge of automating quarterly reviews that are usually not done at month ends, causing me to continuously check review dates more than planned.

Pros: GOAT risk helped us (within an EMI regulated environment) to bring our Business wide Risk assessment to the next level. It helped us to work on a consistent basis, and focus on the right risk items - and risk mitigating factors.

Cons: Noting - the tooling works great for us, no comments.

Pros: Simple, effective what it does, and well priced.

Cons: I think GOAT risk is very well suited for what is does and its market positioning.

Pros: Easy of use, interactive and an exceptional GUI. Quality Product.

Cons: Would like the analysis to be displayed in a BowTie format. Needs AI integration

Pros: It has simplified the risk management process. We also like the clean look and feel of GOAT risk.

Cons: It is still very manual to add information. There are not enough templates we can implement if we are not a risk specialist.

Pros: Whilst GOAT is set up with a standard configuration, the flexibility to revise and adapt the system to meet your own specific needs is a major plus!

Cons: My only minor criticism of the system relates to the reporting module which does not have the facility to output into Word or Powerpoint; in my eyes this would be beneficial.

Pros: The Software GOAT Risk Management offers an attractive user environment. The integrated risk assessment and selection of control measures work excellently. Additionally, the control matrix functionality provides a clear overview of the implemented control measures. In summary, it’s a valuable tool for effective risk management!

Cons: While GOAT Risk offers an easy-to-use platform for risk management, there are some limitations in its reporting capabilities. Improving the reporting functionality could enhance the overall user experience and provide even better insights for decision-makers.

Pros: Very easy to use, setup and understand. Very, very low cost. Has a sleek look with a simple drag and drop heatmap. Includes tutorials and tips for users and has great customer service too.

Cons: Does not include some of the advanced cyber protections and cyber integrations we would like. The report functions could be improved (formatting and layout wise).

Pros: value for money. Very easy going company. Easy to setup (does take only a few hours)

Cons: It is almost to easy to do business with them when you are part of a multinational and you have stakeholders like a legal and IT department.

Pros: The setup was painless and the ease of use in general is very good.

Cons: None comes to mind. It was however slightly difficult at the outset to draw reports and to customize reports.

Pros: We are a mid-sized personal lending company and GOAT Risk is perfect for our needs. We need a platform to regularly assess, manage and monitor our Enterprise Risks and Incidents and GOAT is exactly the solution we were after. GOAT is industry-agnostic and could be utilised by a number of companies - I would highly recommend, especially if you do not require a fully integrated ERM/GRC system.

Cons: Certainly not a con, although the navigation of reporting is not quite as agile as I would like, however this is a very minor drawback.

Pros: The GOAT Team are continuously improving he product based on feedback

Cons: Formatting issues with text input sometimes impacts reporting tools

Pros: The dashboard, functionality, and the reports.

Cons: Would suggest more tips/examples around KPIs and the ability to attach documents.

Pros: The ability to simplify risk management, allocate to users and move away from spreadsheets!

Cons: Some admin work can be 'clunky' but [sensitive content hidden] and the team have been incredibly responsive in taking on feedback and developing solutions!

Pros: Easy to use, implement and roll out to business

Cons: In the early stages of usage however none at present

Pros: Mostly intuitive and user friendly. Lets us choose who to give access to which risks. Range of reports.

Cons: You can't customise the reports to deliver what we need for our committees. For example, would be good to have a report which ranks the risks based on the gap between the net and the target risks. There are a few features that are not intuitive - for example, to save a report to your computer, you need to click on 'print' and to replace a user with a different user who is going to take on all of their risks, it is hard to find.

Pros: Customisation Seems simple to use Quite intuitive

Cons: You don't know what you don't know, so if you're unfamiliar with Risk Management, it can be time consuming as you test the platform out. Creating appropriate KRI can be challenging. There's not a lot of depth to the tutorials. Being in the southern hemisphere, I'm reliant on the tutorials to provide quick answers. No archive system for eliminated or obsolete risks. The response to create another profile for archiving means an escalation in cost from $600 to $1800 per annum.