RISKMASTER Reviews

The upsides of using Riskmaster are as follows:

a. Easy to use, and intuitive interface

b. User-friendly system

c. It doesn't require extensive training to get started

Riakmaster is india's best risk managing tool.

Little expensive and sometime ineffective for some threats.

We are in Cyber security so it very useful to find out the threat of client etc.

.Easy to use interface, doesn’t take much training to learn how to use

The program isn’t visually appealing and doesn’t seem to have a mobile app

Provides risk analysis and provides data that isn’t outdated

Good specific claim information gathering Also the versatility of the system.

Nothin specific to discuss in a negative way

I am the type of person that likes charts graphs and data related reports. RISKMASTER does this well.

Good reports and

Riskmaster is a good core claims system for workers comp that handles the day to day functions. This includes entering and processing claims, making payments, and regulatory reporting.

Riskmaster is limited in customization and some of the newer features that are out in the market. Dashboards are limited and not as customizable as we would like them to be. Upgrading is a long process that takes a minimum of 3 months to implement and becomes costly. It is frustrating that we have to upgrade to gain any new features or sometimes just fixes to what is broken.

Make sure you understand the features that they are offering and that you understand what you are getting before assuming how the product will function.

Processing claims, making payments to vendors and claimants, regulatory reporting.

I like that the system is very user friendly and easy to understand after a short learning curve.

From a finance perspective, I dislike that the software does not allow exporting data to csv or excel in certain places like the funds management for individual claims. It would be very helpful to be able to export large portions of data from individual claims or from whole programs so that we could analyze the data more effectively.

It is also difficult to navigate from an individual payment (in our case, a check) to the claim that is associated with that payment. If the claim could be accessed in a one-click fashion, it would make the processing much smoother.