This chapter presents integrated risk management (IRM) as an approach for customs administrations to strengthen customs controls while encouraging economic operators’ voluntary compliance and supporting improved trade competitiveness. The adoption of IRM requires a change in mindset from the way a traditional customs administration operates. It introduces several key components that must be implemented at the enterprise level to achieve benefits and ensure compliance across the trade community. This involves a holistic and comprehensive view across organizational units and functions to develop a strategic vision, manage data and information, adopt new IT systems and technologies, update processes, relocate human resources, and potentially implement legal and regulatory changes. Introducing an IRM approach is the foundation to improved decision-making and compliance.