Best Risk Management Software

Risk management software helps organizations identify, analyze, and mitigate risks across various operations, ensuring business continuity and regulatory compliance. These tools provide a centralized platform for managing enterprise risks, assessing potential threats, and implementing effective control measures. Risk assessment and control software are essential for reducing vulnerabilities and making informed decisions. The best enterprise risk management software includes features like risk evaluation frameworks, automated reporting, compliance tracking, and real-time monitoring. Advanced solutions offer AI-driven risk analytics, customizable dashboards, and integration with existing systems for seamless workflows. Whether managing financial, operational, or cybersecurity risks, these tools ensure proactive management and strategic decision-making. Explore top-rated risk management software to enhance your organization’s resilience and operational efficiency. Choose solutions designed to identify risks, ensure compliance, and drive informed business strategies.

Last Updated: September 03, 2025

1027 Software

List of Top Risk Management Software | Best Risk Control Software

Pricing Options

Monthly Subscription

Annual Subscription

One-Time Payment

Quote Based

Features

Risk Scoring

Audit Management

Predictive Analytics

Exceptions Management

Mobile Access

Business Process Control

Legal Risk Management

Alerts/Notifications

Operational Risk Management

Compliance Management

Corrective and Preventive Actions (CAPA)

Internal Controls Management

Risk Assessment

IT Risk Management

Reputational Risk Management

Response Management

Incident Management

Audit Trail

Risk Analysis

Reporting/Analytics

Document Management

Document Storage

Risk Alerts

Artificial Intelligence

Company Size

Self Employed

Small Business

Medium Business

Enterprise

I'm looking for Risk Management Software that is:

An all-in-one solution for business continuity planning and management.

Quantivate stands as a comprehensive governance, risk management, and compliance (GRC) platform, designed to empower organizations in navigating complex regulatory landscapes. This versatile tool integrates risk and compliance functions, providing a centralized hub for streamlined management. Quantivate facilitates effective risk identification, assessment, and mitigation strategies, promoting a p... Read more about Quantivate Business Continuity

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Revenue-Driven Cybersecurity Compliance Software

Apptega is an ultimate cybersecurity and compliance management platform. The solution is designed to streamline and simplify your organizational security. With powerful features such as real-time dashboards, automated alerts, and customizable workflows, Apptega ensures that your team stays ahead of evolving threats with ease. Its intuitive interface and centralized platform make it simple to manag... Read more about Apptega

Free Trial

14 Days

Pricing Type

Contact Vendor

Location

United States

Award winning, all-in-one Identity Management and Cloud Security suite.

EmpowerID is a dynamic identity management solution developed to enhance organizational security and efficiency. Its comprehensive suite includes features like single sign-on (SSO), multi-factor authentication (MFA), role-based access control, and identity governance, catering to diverse security needs. Unique to EmpowerID is its workflow-based approach, automating identity and access processes, t... Read more about EmpowerID

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Risky Project is a sophisticated project management software focused on identifying and mitigating risks throughout the project lifecycle. This platform provides tools for risk assessment, scenario analysis, and performance tracking, enabling project managers to make informed decisions. With features like customizable dashboards and real-time reporting, Risky Project enhances visibility into proje... Read more about Risky Project

Free Trial

Available

Pricing Type

$1200 Per user

Location

Canada

MyComplianceOffice is a comprehensive compliance software solution designed to help organizations manage regulatory requirements effectively. This platform offers a suite of tools that streamline compliance processes, including policy management, training, and reporting. With MyComplianceOffice, users can create, distribute, and track compliance policies, ensuring all employees are informed of the... Read more about MyComplianceOffice

Free Trial

Available

Pricing Type

$0.01 Per year

Location

United States

Quantivate is an innovative compliance software solution designed to help organizations streamline their compliance management processes. This platform provides a comprehensive suite of tools for managing risk, regulatory requirements, and internal policies efficiently. With its user-friendly interface, organizations can easily track compliance activities, automate reporting, and manage documentat... Read more about Quantivate

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Falcony is an advanced Environmental, Health, and Safety (EHS) management software designed to help organizations maintain compliance and promote a safe workplace. It offers a comprehensive suite of tools for managing EHS policies, conducting risk assessments, and tracking incident reports, ensuring that all safety protocols are effectively implemented and monitored. Falcony includes features such... Read more about Falcony

Free Trial

Available

Pricing Type

$300 Per month

Location

Finland

SharpCloud is an intuitive task management software designed to help teams organize, prioritize, and execute their work efficiently. It offers a centralized platform for creating and assigning tasks, setting deadlines, and tracking progress in real-time. SharpCloud’s user-friendly interface includes features such as Kanban boards, to-do lists, and calendar views, allowing users to visualize thei... Read more about SharpCloud

Free Trial

Available

Pricing Type

$750 Per user

Location

United Kingdom

Iristrace is a robust quality management software designed to help organizations maintain high standards and ensure compliance across all operations. It offers a comprehensive suite of tools for managing quality processes, including audits, inspections, corrective actions, and document control. With its intuitive interface, users can easily create and customize quality workflows, track performance... Read more about Iristrace

Free Trial

Available

Pricing Type

$11 Per user

Location

Netherlands

RiskDynamic is an advanced risk management software designed to help organizations identify, assess, and mitigate risks effectively. With its userfriendly interface, RiskDynamic enables users to create risk profiles, conduct risk assessments, and develop mitigation strategies. The software features robust reporting capabilities, providing insights into risk exposure and compliance status. RiskDyna... Read more about RiskDynamic

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Projektron BCS is an intuitive and powerful project management software that helps organizations plan, execute, and monitor projects with ease. With its flexible structure, Projektron BCS enables businesses to tailor project workflows to meet their unique needs, ensuring efficient resource allocation and task management. The software offers tools for project scheduling, task assignment, time track... Read more about Projektron BCS

Free Trial

Available

Pricing Type

$20 Per month

Location

Germany

SupplyShift is an advanced Compliance Software designed to help businesses manage and ensure compliance across their supply chains, promoting ethical sourcing, regulatory adherence, and risk mitigation. This comprehensive platform offers a wide range of features, including supplier onboarding, compliance monitoring, risk assessment, audit management, and detailed reporting, ensuring that all aspec... Read more about SupplyShift

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

SYNERGi is a comprehensive governance, risk, and compliance (GRC) software designed to help organizations streamline their compliance processes and enhance risk management. This powerful platform offers a suite of tools that facilitate policy management, risk assessment, audit management, and regulatory compliance, ensuring that businesses can maintain a robust GRC framework. SYNERGi’s user-frie... Read more about SYNERGi

Free Trial

Available

Pricing Type

$26000 Per user

Location

United Kingdom

NorthRow is an advanced Anti-Money Laundering (AML) software designed to help financial institutions and businesses comply with regulatory requirements and prevent financial crimes. It offers a comprehensive suite of tools for customer due diligence, transaction monitoring, and risk assessment, ensuring that organizations can detect and mitigate suspicious activities effectively. NorthRow features... Read more about NorthRow

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

Aparavi is a sophisticated risk management software designed to help organizations identify, assess, and mitigate risks effectively. It offers a comprehensive suite of tools that enable users to monitor risk factors across various business units and operations in real time. With its user-friendly interface, Aparavi simplifies the process of risk assessment by providing detailed analytics and repor... Read more about Aparavi

Free Trial

Available

Pricing Type

$10000 Per feautre

Location

United States

TrustLayer is a comprehensive risk management software that helps businesses identify, assess, and mitigate risks across various operational areas. With its easy-to-use interface, TrustLayer enables organizations to centralize risk data, automate workflows, and enhance decision-making. The platform supports risk assessments, incident tracking, and compliance management, ensuring that businesses st... Read more about TrustLayer

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Manage all legal work from intake to reporting

Checkbox is a versatile document generation software designed to automate the creation and management of legal, financial, and business documents. With Checkbox, businesses can streamline their document workflows by generating customized documents based on user inputs or predefined templates. The software uses logic-based workflows to ensure that documents are tailored to the specific needs of eac... Read more about Checkbox

Free Trial

NA

Pricing Type

$5000 Per year

Location

Australia

Position Green is a leading sustainability software solution that helps businesses track, manage, and improve their environmental and social impact. With the growing importance of corporate responsibility, Position Green enables companies to monitor their sustainability goals, track energy consumption, manage carbon emissions, and report on their progress in a transparent and measurable way. The s... Read more about Position Green

Free Trial

NA

Pricing Type

Contact Vendor

Location

Sweden

vsRisk is a comprehensive risk management software designed to help businesses identify, assess, and mitigate potential risks effectively. The platform offers a robust suite of tools for risk identification, evaluation, monitoring, and reporting, ensuring that organizations can proactively manage uncertainties and safeguard their operations. vsRisk supports automated risk assessments, allowing bus... Read more about vsRisk

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

The DPIA Tool is a specialized risk management software designed to help organizations conduct Data Protection Impact Assessments (DPIAs) as required by GDPR. This software offers an efficient, structured approach to identifying, evaluating, and mitigating risks related to the processing of personal data. With features like risk scoring, detailed impact assessments, and compliance tracking, the DP... Read more about DPIA Tool

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

Prewave is an advanced risk management software that provides businesses with the tools to identify, assess, and mitigate risks across their supply chains. The platform uses artificial intelligence to scan and analyze massive amounts of data from news outlets, social media, and other sources, detecting potential risks related to suppliers, logistics, or market conditions. Prewave helps organizatio... Read more about Prewave

Free Trial

NA

Pricing Type

Contact Vendor

Location

Austria

Alarmbox Power Search is a powerful risk management software solution designed to help businesses proactively identify, assess, and mitigate potential risks across their operations. It provides organizations with advanced tools for real-time risk monitoring and analysis, enabling businesses to take immediate action to minimize the impact of any identified risks. Whether you're in finance, healthca... Read more about Alarmbox Power Search

Free Trial

Available

Pricing Type

Contact Vendor

Location

Japan

TruOps is an advanced Governance, Risk, and Compliance (GRC) software designed to help organizations streamline their risk management processes and ensure compliance with industry regulations. The platform provides a centralized system for identifying, assessing, and mitigating risks, allowing businesses to manage everything from financial risks to cybersecurity threats. TruOps includes features l... Read more about TruOps

Free Trial

NA

Pricing Type

$15000 Per year

Location

United States

Risk Assessment is an essential risk management software that enables organizations to proactively identify, assess, and manage potential risks across various business functions. The platform provides an intuitive interface for tracking and categorizing risks, assigning risk owners, and establishing mitigation strategies. Through its comprehensive risk dashboards and reporting tools, Risk Assessme... Read more about Risk Assessment

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

ValGenesis iRisk is a cutting-edge risk management software designed to help businesses identify, assess, and mitigate risks. This platform allows organizations to perform comprehensive risk assessments and track mitigation strategies through a user-friendly interface. ValGenesis iRisk provides detailed reports on potential risks across various departments, including compliance, finance, and opera... Read more about ValGenesis iRisk

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

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Frequently Asked Questions

Risk management software helps businesses identify, assess, and mitigate risks across various operations, ensuring compliance and reducing financial or reputational damage.

Risk Management Software evaluates potential threats, assigns risk levels, and provides actionable insights to minimize vulnerabilities and enhance decision-making.

Essential features include risk identification, incident tracking, compliance management, reporting dashboards, and automated risk assessments.

ERM software provides a holistic approach to managing risks across an organization, ensuring strategic alignment and regulatory compliance.

Third-party risk management software helps organizations assess and monitor risks associated with vendors, suppliers, and external partners to prevent security and compliance issues.

Yes, many solutions generate real-time compliance reports to ensure adherence to industry regulations and internal policies.

Yes, most risk management tools integrate with ERP, CRM, and compliance management systems for a seamless risk management strategy.

It identifies vulnerabilities, tracks security incidents, and ensures compliance with cybersecurity frameworks to protect sensitive data.

Yes, many solutions include financial risk modeling and fraud detection to help businesses mitigate financial losses.

Yes, they provide real-time risk tracking and predictive analytics to minimize disruptions in supply chain, IT, and business operations.

It automates vendor assessments, tracks compliance risks, and ensures third-party providers meet security and regulatory requirements.

Yes, small businesses can use risk management software to automate compliance, assess risks, and protect against financial or operational threats.

Consider factors like scalability, automation, integration capabilities, industry-specific compliance needs, and vendor support before selecting a solution.

Consider factors like scalability, automation, integration capabilities, industry-specific compliance needs, and vendor support before selecting a solution.