ES Risk and Compliance Management
Enterprise-grade Governance, Risk, and Compliance (GRC) solution built on the ES ERP Platform. Manage enterprise risks, ensure regulatory compliance, conduct audits, and maintain security — all in one integrated platform.
⚡ Key Features
🛡️ Risk Management
Risk Register with 30+ data fields for centralized risk documentation. Six risk categories (Strategic, Operational, Financial, Compliance, Technology, Reputational). Preventive, Detective, and Corrective Risk Controls. Budget-tracked Treatment Plans and a 5×5 Risk Matrix (Likelihood × Impact scoring) aligned with ISO 31000:2018 methodology.
✅ Compliance Management
Multiple Frameworks — ISO 27001, ISO 45001, ISO 55001:2024, ISO 31000:2018, GDPR, SOC 2, and more. Control Mapping links controls to framework requirements. Self-assessment, internal/external audits, gap analysis. Evidence Management and compliance scoring to track posture over time.
📝 Audit Management
Audit Planning across Internal, External, Compliance, Security, Financial, and Operational types. Finding Tracking with severity ratings and remediation workflows. Root cause analysis, evidence collection, and follow-up tracking to monitor finding closure rates.
🚨 Incident Management
Incident Types — Security Breach, Data Leak, System Outage, Policy Violation. Chronological Timeline Tracking, financial/operational/reputational Impact Assessment. Response actions for containment, eradication, and recovery. Lessons learned and post-incident review.
📄 Policy Management
Policy Types — Security, Compliance, HR, IT, Operational, Governance. Full Version Control with revision history. Review workflow (Draft → Review → Approved → Published). Approval tracking with designated authorities and effective date lifecycle management.
🏢 Vendor Risk Management
Comprehensive third-party Risk Assessments with Low/Medium/High/Critical classification. Due diligence via security questionnaires and certifications. Mitigation Tracking for contractual and technical safeguards with automated review scheduling.
📊 Risk Assessment Framework — 5×5 Risk Scoring Matrix
Our risk assessment uses a standardized 5×5 matrix combining Likelihood and Impact scores, aligned with ISO 31000:2018 risk assessment methodology. Risk scores range from 1 (lowest) to 25 (highest).
Immediate action required
Senior management attention
Management responsibility
Routine procedures
Likelihood (1–5) × Impact (1–5) = Risk Score. Scoring aligned with ISO 31000:2018 qualitative risk analysis methodology.
📋 Supported Compliance Frameworks
🆕 ISO 31000:2018 — Risk Management Guidelines
The international standard for risk management — providing principles, a framework, and a process applicable to any organisation, industry, or sector. ISO 31000 defines risk as the effect of uncertainty on objectives.
Principles
Eight principles: Integrated, Structured & comprehensive, Customised, Inclusive, Dynamic, Best available information, Human & cultural factors, Continual improvement.
Framework
Organisational infrastructure: Leadership & commitment, Integration, Design, Implementation, Evaluation, and Improvement — embedded in all organisational activities.
Process
Iterative risk management lifecycle: Communication & consultation → Scope, context & criteria → Risk assessment (identify, analyse, evaluate) → Treatment → Monitoring & review → Recording & reporting.
Likelihood × Consequence scoring with four risk bands (Low, Medium, High, Critical)
Avoid, Reduce/Modify, Share/Transfer, Accept/Retain, Exploit (Opportunity)
Dual-layer assessment with control effectiveness tracking
Appetite, tolerance, threshold, and capacity — As Low As Reasonably Practicable
🆕 ISO 55001:2024 & ISO 55002:2018 — Asset Management
The ISO 55000 family provides the international standard for asset management systems. ISO 55001:2024 (second edition, replacing 2014) specifies requirements for establishing, implementing, maintaining, and improving an asset management system. ISO 55002:2018 provides practical guidance for applying those requirements.
ISO 55001:2024 — Requirements
Specifies requirements for an asset management system applicable to all asset types and organisation sizes. Key 2024 changes include: new subclauses on asset management decision-making and value (4.5), separation of risk and opportunity (6.1.2/6.1.3), simplified SAMP requirements, stronger emphasis on leadership, new sections on data/information and knowledge management, and lifecycle operations in planning & control.
ISO 55002:2018 — Application Guidelines
Provides guidance for applying the ISO 55001 requirements. Covers Strategic Asset Management Plan (SAMP) development (Annex A), leadership and commitment, planning asset management objectives, risk and reward decision-making, operational planning and control, outsourcing requirements, performance evaluation, and continuous improvement. A new revision aligned with ISO 55001:2024 is currently in development (CD stage).
ISO 55001:2024 Key Clauses Mapped to ES ERP
Clause 6.2.1
Simplified SAMP positioned as key planning artefact
Clause 8.1
Acquisition through operation to disposal
Clauses 6.1.2 / 6.1.3
Now separated — risk and opportunity as mutually supportive
Clause 4.5 (NEW)
Connecting decisions at all organisational levels
New Sections
Configuration management, tacit knowledge, data assets (see ISO 55013)
Clause 9.1
Monitoring, measurement, analysis, and evaluation of asset performance
🧩 Module Components
🔗 Integration & Compatibility
🔧 Technical Requirements
ES ERP 15+ Framework, Python 3.10+, MariaDB 10.6+ or PostgreSQL 13+, Node.js 18+
🔌 ES ERP Integration
Links to User for ownership, Company for multi-company, Employee for HR risks, Supplier for vendors, Project for project risks
🌐 API Access
Full REST API for all DocTypes, webhook support, standard Frappe API endpoints, bulk import/export, custom report generation
Technical Specifications
Platform
- ✓ ES ERP Framework
- ✓ ES ERP 15+
- ✓ 15 Custom DocTypes
- ✓ 150+ Fields
Standards
- ✓ ISO 31000:2018 Risk Mgmt
- ✓ ISO 55001:2024 Asset Mgmt
- ✓ ISO 55002:2018 Guidelines
- ✓ ISO 27001 / ISO 45001
Compliance
- ✓ 10 Frameworks Supported
- ✓ 31 Control Sets
- ✓ GDPR & SOC 2 Type II
- ✓ Custom Framework Support
Management
- ✓ 6 Audit Types
- ✓ Incident Response Workflow
- ✓ Policy Versioning
- ✓ Vendor Risk Assessment
Ready to Transform Your GRC Program?
Get started with ES Risk and Compliance Management today. ISO 31000 risk management, ISO 55001 asset management, and comprehensive compliance — all in one integrated platform.
ES Risk Compliance v3.0.0 | Built for Australian Businesses
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