RiskionExpert Choice
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Related Products
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About
Allovance is built around the idea that there is a better way to make decisions. Our company is built on research in decision sciences, psychology, business, change management, and learning behaviors. This research led to the development of two unique product offerings. The Allovance Software was created to help implement and guide stakeholders through the five-step decision making process: Strategize, Compare, Quantify, Score & Select. Subscribe to the software and we will provide implementation training, so you can use the software at your own pace with your own team. Allovance Certified Decision Coaches are experienced in business strategy, facilitation, decision-making and are passionate about helping organizations achieve their strategic goals. Decision Coaches are available and trained to implement Allovance.
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About
Riskion® is Expert Choice’s risk management tool designed for enterprises that want more than superficial or spreadsheet-based risk tracking. It provides a structured, disciplined process to identify risks, causes, events, and outcomes across the organization, then measure them using mathematically sound, ratio-scale evaluations rather than guesswork. Decision makers can engage stakeholders via collaborative input, crowdsource expertise, and visualize relationships among risk sources, triggers, and treatments. Riskion supports analysis of low and high probability events, scenario comparisons, and optimization of how resources are allocated to mitigate or control risk treatments. Visual models like “bow-tie diagrams” help illustrate risk paths and exposures. Overall, Riskion aims to improve accountability, provide reliable risk estimates, and accelerate decision making by reducing ambiguity and increasing clarity across the enterprise.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Supported
Mac
Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Business Performance solution for companies
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Audience
Education & Research Institutions, Technology & Engineering, Financial Services, Healthcare & Life Sciences, Government & Public Sector
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Support
Phone Support
Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and VideosNo images available
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Supported
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Pricing
$6,000/month
Single Seat: $6,000/month
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Training
Documentation
Not Supported
Webinars
Not Supported
Live Online
Supported
In Person
Not Supported
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Company InformationAllovance
Founded: 2017
United States
allovancemethod.com
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Company InformationExpert Choice
Founded: 1983
United States
www.expertchoice.com/riskion/
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Alternatives |
Alternatives |
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Categories |
Categories |
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Decision Support Features
Application Development
Not Supported
Budgeting & Forecasting
Supported
Data Analysis
Supported
Decision Tree Analysis
Not Supported
Monte Carlo Simulation
Supported
Performance Metrics
Supported
Rules-Based Workflow
Not Supported
Sensitivity Analysis
Supported
Thematic Mapping
Not Supported
Version Control
Not Supported
Risk Management Features
Alerts/Notifications
Not Supported
Auditing
Not Supported
Business Process Control
Supported
Compliance Management
Supported
Corrective Actions (CAPA)
Not Supported
Dashboard
Supported
Exceptions Management
Not Supported
Internal Controls Management
Supported
IT Risk Management
Not Supported
Legal Risk Management
Not Supported
Mobile Access
Not Supported
Operational Risk Management
Not Supported
Predictive Analytics
Not Supported
Reputation Risk Management
Not Supported
Response Management
Supported
Risk Assessment
Supported
Business Performance Management Features
Ad hoc Analysis
Not Supported
Ad Hoc Reports
Not Supported
Budgeting & Forecasting
Supported
Consolidation / Roll-Up
Not Supported
Dashboard
Supported
Key Performance Indicators
Not Supported
Predictive Analytics
Not Supported
Qualitative Analysis
Supported
Quantitative Analysis
Supported
Scorecarding
Supported
Strategic Planning
Supported
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Integrations
No info available.
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Integrations
No info available.
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