---
description: Learn more about MetricStream Enterprise Risk Management. We provide Australian business users the most detailed information on pricing, benefits, and disadvantages of software that will make your choice easier.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png
title: MetricStream Enterprise Risk Management Reviews, Cost & Features | GetApp Australia 2026
---

Breadcrumb: [Home](/) > [Risk Management Software](/directory/246/risk-management/software) > [MetricStream Enterprise Risk Management](/software/2050423/metricstream-enterprise-risk-management)

# MetricStream Enterprise Risk Management

Canonical: https://www.getapp.com.au/software/2050423/metricstream-enterprise-risk-management

> MetricStream Risk Management helps organizations identify, assess, and mitigate operational, financial, IT, and third-party risks. With AI-driven dashboards, automated workflows, KRI monitoring, and integrated reporting, teams gain visibility, prioritize threats, and strengthen enterprise-wide risk
> 
> Verdict: Rated **4.0/5** by 3 users. Top-rated for **Likelihood to recommend**.

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## Overview

### Key benefits of MetricStream Enterprise Risk Management

MetricStream Risk Management delivers measurable value by helping organizations proactively identify, assess, and mitigate risks across operational, financial, IT, and third-party domains. By integrating risk management with audit, compliance, and business continuity, the platform provides a centralized system for enterprise-wide risk oversight, enabling faster decision-making, improved collaboration, and stronger resilience.

Key Benefits and Features:

 Centralized Risk Visualization: See a real-time, color-coded overview of all organizational risks, linked to business objectives. Prioritize high-impact risks, assess exposure, and allocate resources efficiently to reduce potential losses.

 Automated Risk Assessment and Mitigation: Automate workflows for risk identification, assessment, and remediation. Define risk appetite, track key risk indicators (KRIs), and ensure consistent mitigation across business units.

 Integrated Third-Party Risk Management: Monitor and manage risks associated with vendors, suppliers, and partners. Evaluate third-party performance, compliance, and security to reduce operational and reputational exposure.

 AI-Driven Analytics and Reporting: Leverage predictive analytics to identify emerging risks and trends. Generate customizable dashboards and automated reports for executives, auditors, and risk teams to support proactive decision-making.

 Incident and Loss Event Tracking: Capture, classify, and investigate incidents to understand root causes, trends, and impact. Integrate incident data with risk assessments to improve mitigation strategies and prevent recurrence.

 Regulatory and Framework Alignment: Align risk management processes with COSO, ISO 31000, NIST, and industry-specific standards. Automate compliance reporting and demonstrate adherence to regulatory requirements efficiently.

 Business Continuity Integration: Connect risk management with business continuity planning to assess operational impact, define recovery objectives, and ensure rapid response during disruptions.

 Mobile and Cloud Access: Access risk dashboards, KRIs, and mitigation workflows from any device. Enable distributed teams to collaborate, respond quickly to emerging risks, and maintain visibility across geographies.

Enhanced Collaboration and Visibility: Break down silos between risk, compliance, audit, and IT teams. Unified dashboards provide leadership with a complete, real-time view of organizational risk and operational performance.

By leveraging MetricStream Risk Management, organizations gain a comprehensive, enterprise-wide view of risk, enabling proactive mitigation, improved operational efficiency, and enhanced resilience. The platform helps leaders make data-driven decisions, protect critical assets, and reduce financial, operational, and reputational impact while maintaining regulatory compliance. MetricStream Risk Management is a strategic tool for building a strong, risk-aware culture and ensuring long-term enterprise success.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.0/5** | 3 Reviews |
| Ease of Use | 4.0/5 | Based on overall reviews |
| Customer Support | 4.7/5 | Based on overall reviews |
| Value for Money | 4.0/5 | Based on overall reviews |
| Features | 4.0/5 | Based on overall reviews |
| Recommendation percentage | 70% | (7/10 Likelihood to recommend) |

## About the vendor

- **Company**: MetricStream
- **Founded**: 1999

## Commercial Context

- **Pricing model**: Per Feature
- **Target Audience**: 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: English
- **Available Countries**: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong SAR China, Iceland, Ireland, Italy, Luxembourg, Malaysia, Netherlands, Norway, Philippines, Portugal, Qatar, Saudi Arabia, Singapore and 6 more

## Features

- Alerts/Notifications
- Audit Management
- Compliance Management
- Corrective and Preventive Actions (CAPA)
- Dashboard
- Internal Controls Management
- Legal Risk Management
- Mobile Access
- Operational Risk Management
- Prioritization
- Reputational Risk Management
- Risk Assessment

## Support Options

- Email/Help Desk
- Knowledge Base

## Category

- [Risk Management Software](https://www.getapp.com.au/directory/246/risk-management/software)

## Alternatives

1. [Pirani](https://www.getapp.com.au/software/2040543/pirani) — 4.5/5 (205 reviews)
2. [Wrike](https://www.getapp.com.au/software/9964/wrike) — 4.4/5 (2950 reviews)
3. [MasterControl Quality Excellence](https://www.getapp.com.au/software/104305/mastercontrol) — 4.5/5 (527 reviews)
4. [GOAT Risk](https://www.getapp.com.au/software/155407/goat-risk) — 4.7/5 (65 reviews)
5. [Scrut Automation](https://www.getapp.com.au/software/2079223/scrut) — 4.9/5 (139 reviews)

## Reviews

### "MetricStream eGRC Review" — 4.0/5

> **Joel** | *9 March 2021* | Financial Services | Recommendation rating: 8.0/10
> 
> **Pros**: Breath of  functionalities provided by the product.
Templates and workflows allows for convenient automation of risk processes
> 
> **Cons**: Customtized reports will have to be requested to the vendor and usually incur a cost.
Not always user friendly
High number of issues that must be channelled through the vendor to obtain resolutions.
> 
> Has improved automation of key risk processes however the application issues has created some frustration among end users.

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### "Great visibility of company's risks across numerous dimensions" — 4.0/5

> **Maria** | *7 March 2021* | Entertainment | Recommendation rating: 8.0/10
> 
> **Pros**: Integration with other GRC modules, great visualisation of risks across various dimensions, ability to systematically manage risks via mitigating actions.
> 
> **Cons**: Plurality of risk calculation algorithms that need significant testing before you decide what suits you best.
> 
> We have systematic understanding of risks across the group.

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### "MetricStream - a great customer service" — 4.0/5

> **Milena** | *15 March 2021* | Real Estate | Recommendation rating: 6.0/10
> 
> **Pros**: Very good customer services from MS side. The purchase and implementation of the tool helped us to automatize multiple Compliance and Risk Assessment processes in the company.
> 
> **Cons**: Lack of availability of executive dashboards, especially in the Compliance/Survey module. Limited functionality of charts and graphs.

## Links

- [View on GetApp](https://www.getapp.com.au/software/2050423/metricstream-enterprise-risk-management)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.getapp.com/finance-accounting-software/a/metricstream-enterprise-risk-management/> |
| en-AE | <https://www.getapp.ae/software/2050423/metricstream-enterprise-risk-management> |
| en-AU | <https://www.getapp.com.au/software/2050423/metricstream-enterprise-risk-management> |
| en-CA | <https://www.getapp.ca/software/2050423/metricstream-enterprise-risk-management> |
| en-GB | <https://www.getapp.co.uk/software/2050423/metricstream-enterprise-risk-management> |
| en-IE | <https://www.getapp.ie/software/2050423/metricstream-enterprise-risk-management> |
| en-NZ | <https://www.getapp.co.nz/software/2050423/metricstream-enterprise-risk-management> |
| en-SG | <https://www.getapp.sg/software/2050423/metricstream-enterprise-risk-management> |
| en-ZA | <https://www.getapp.za.com/software/2050423/metricstream-enterprise-risk-management> |

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