Risk management for consulting firms
Key person dependency, cash flow from late payments, GDPR liability as a processor, reputational risk from missed deliveries. RiskNote gives your consultancy a living risk register, not just for clients, but for your own business.
Typical risks in a consultancy
Many consultancies are experts at identifying risk for clients, but rarely maintain a live risk register for their own business. Key person dependency, cash flow, GDPR liability as a processor, and dependence on a few large clients are common concentrations.
RiskNote gives you the same rigour internally that you deliver externally, and doubles as a demo environment when you want to show prospective clients how you operate.
Typical risks the AI suggests for consultancies
Key person dependency
Senior consultants carrying most of the revenue. If someone leaves, what happens?
Client concentration
A single client accounting for over 30% of revenue is an existential risk.
Cash flow from late payments
Clients paying 60–90 days after invoice. Payroll still has to go out.
GDPR liability as processor
You handle client personal data. An incident can mean both client loss and a GDPR fine.
Reputational risk from missed delivery
Word travels fast in consulting. One poor engagement can hurt the whole pipeline.
Non-compete and IP
Disputes over code, methodology, or client relationships when consultants leave.
Regulatory frameworks relevant to consultancies
GDPR, as processor
Processor agreements, technical and organisational measures (TOMs), incident handling.
NIS2 if clients are essential entities
Your clients' compliance obligations flow down to you as a supplier.
ISO 27001 if certified
Your own ISMS is required to sell to larger clients.
AML rules where relevant
Advisory in some domains is covered by KYC and reporting duties.
Why consultancies fit RiskNote
Register as reference in sales calls
Show prospective clients your own risk work, a credibility signal that's hard to fake.
One register per issue or delivery
Operations, growth, GDPR, or per client engagement. The Pro plan has unlimited.
Share with CEO and partners
The Business plan gives unlimited sharing. Good for partner meetings and board reporting.
Fast ISO 31000 process
Practical application of the standard you likely already recommend to clients.
Common questions from consultancies
Should we use RiskNote on ourselves or on our clients?
Both work. Many consultants start by dogfooding RiskNote on their own business before recommending it to clients. That lets you also demo the tool in sales meetings.
How do we handle client-specific risk in RiskNote?
Create one risk assessment per client or per engagement. The Pro plan has unlimited. Share with the client via link if you want.
Can we rebrand the PDF report?
Custom branding in PDF ships in V1.1 (June 2026). Today the report carries RiskNote branding, but AI disclosure and EU AI Act labeling are built in.
Is there a partner program for consultants?
A reseller and partner program is under discussion. Reach out to partners@risknote.io if you'd like to discuss.
How does it work when multiple partners need access?
Today each user has their own account. Shared workspaces (“teams”) are on the V2.0 roadmap. Until then you can share specific risk assessments between each other.
Build a register for what you're already expert in
Start a 7-day free trial. First assessment for your own consultancy ready in 20 minutes.