Compare Essential and Synergi Life - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Essential or Synergi Life?

Synergi Life is more expensive to implement (TCO) than Essential, and Synergi Life is rated higher (82/100) than Essential (80/100).

Looking for the right Risk Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

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Tracker Networks: Essential ERM provides you with risk bow ties, risk appetite frameworks, risk thresholds, board reporting module, voting and more!

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Who is more expensive? Essential ERM or Synergi Life?

The real total cost of ownership (TCO) of Risk Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Essential ERM and Synergi Life.

Essential ERM price starts at $299 per month , On a scale between 1 to 10 Essential ERM is rated 2, which is much lower than the average cost of Risk Management software. Synergi Life price starts at $3,000 per month , When comparing Synergi Life to its competitors, the software is rated 10 - much higher than the average Risk Management software cost.

Bottom line: Synergi Life is more expensive than Essential ERM.

Which software includes more/better features?

We've compared Essential Vs. Synergi Life based on some of the most important and required Risk Management features.

Essential ERM: We are still working to collect the list of features for Essential ERM.

Synergi Life: We are still working to collect the list of features for Synergi Life.

Target customer size

Essential ERM's typical customers include: Small, medium and large size businesses, The software is a viable product for small and medium businesses as well as large enterprises.