How to Build a Compelling Business Case for ERM Software


Convincing leadership to invest in new ERM software is often the most challenging part of the purchasing journey.

Risk teams must persuade others that the value of ERM software is enough to justify the spend – and the effort. And that’s no easy feat at a time when budgets are scrutinized, and staff is stretched thinly.

A successful business case will go beyond just the cost of the software and the time that will be saved by the risk management team. To secure the full support of leaders, you have to elevate the conversation to focus on the value, performance, and competitive edge that modern ERM software will bring to the entire organization.

Download this e-book for guidance on gathering the necessary facts and articulating the value – and using that to cultivate support for ERM software among decision-making leaders across the organization.

Contents

  1. Calculate your current costs for managing risk, including the cost of software and staffing.
  2. Determine the return on investment (ROI) of new ERM software.
  3. Tell your story


Cover
Details:

Data Use:
By ticking this box you are agreeing to provide FStech (and its publisher PPL) with your contact details. These details may be used by the publisher to distribute email news, provide information and updates. This information will not be provided to third parties (excepting the sponsor of this particular whitepaper, Riskonnect). Please note that all data is stored on EU-based storage systems, and that all PPL electronic communications have an unsubscribe function. In addition by checking this box, I confirm that I would like to receive communications and information regarding products, services and events from Riskonnect I understand that I may withdraw my consent at any time.