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:

Automates and streamlines business continuity and disaster recovery programs

BC in the Cloud is an advanced business continuity management solution that offers a comprehensive approach to fortify organizations against disruptions. It is a cloud-based platform that enables seamless continuity planning, risk assessment, and incident management. This user-friendly tool simplifies the complexities of BCM, allowing businesses to create and maintain resilient strategies effortle... Read more about BC in the Cloud

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Powerful compliance management software

Effivity is a versatile quality management software designed to streamline and optimize ISO compliance processes for businesses. It simplifies the implementation and maintenance of various ISO standards like ISO 9001, ISO 14001, and ISO 45001. Effivity offers modules for document control, audit management, and non-conformance tracking, ensuring comprehensive compliance management. The platform fea... Read more about Effivity

Free Trial

15 Days

Pricing Type

$187 Per month

Location

United States

Active Risk Management Solutions

Aclaimant is an innovative risk management software designed to streamline the workflow for safety, insurance, and risk management. It provides a proactive approach to incident and claim management, reducing risks and costs for organizations. The platform features real-time incident reporting, enabling quick response and documentation. Aclaimant's dashboard offers insightful analytics, aiding in i... Read more about Aclaimant

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Soleran Healthcare is a specialized hospital management software designed to enhance operational efficiency and patient care for healthcare facilities. This platform provides comprehensive tools for managing patient records, scheduling appointments, billing, and reporting, ensuring that hospitals can operate seamlessly. With its user-friendly interface, Soleran allows healthcare professionals to a... Read more about Soleran Healthcare

Free Trial

NA

Pricing Type

$5000 Per user

Location

United States

myosh Safety Management Software is a comprehensive EHS (Environment, Health, and Safety) management solution designed to help organizations manage workplace safety and compliance effectively. This platform provides tools for incident reporting, risk assessment, and compliance tracking, enabling organizations to maintain high safety standards. With its user-friendly interface, myosh allows users t... Read more about myosh Safety Management Software

Free Trial

Available

Pricing Type

Contact Vendor

Location

Australia

Exonaut RIM is an advanced risk management software that empowers organizations to identify, assess, and mitigate risks effectively. This platform provides a comprehensive suite of tools for risk analysis, reporting, and compliance management, enabling businesses to navigate complex regulatory landscapes with confidence. With its intuitive interface, users can create detailed risk assessments, tra... Read more about Exonaut RIM

Free Trial

Available

Pricing Type

Contact Vendor

Location

Sweden

BarnOwl is a leading compliance software designed to help businesses manage risk, ensure regulatory compliance, and improve governance. The platform provides tools for managing audits, risk assessments, and compliance activities across various industries, including finance, healthcare, and manufacturing. BarnOwl’s centralized dashboard allows users to track compliance activities, identify potent... Read more about BarnOwl

Free Trial

NA

Pricing Type

Contact Vendor

Location

South Africa

Aspect CTRM is a robust risk management software designed specifically for commodity trading and risk management (CTRM) in the energy, metals, and agriculture sectors. The platform provides real-time tracking of market fluctuations, helping businesses manage price volatility and mitigate risk exposure. With its advanced analytics, Aspect CTRM allows traders to forecast trends, monitor contracts, a... Read more about Aspect CTRM

Free Trial

Available

Pricing Type

$129 Per user

Location

United Kingdom

PLATO SCIO FMEA is a specialized quality management software designed to facilitate Failure Modes and Effects Analysis (FMEA) processes within organizations, ensuring the identification, assessment, and mitigation of potential risks in products, processes, and systems. By providing a comprehensive platform for conducting FMEA, PLATO SCIO FMEA enables businesses to enhance their quality assurance p... Read more about PLATO SCIO FMEA

Free Trial

Available

Pricing Type

$2.5 Per feautre

Location

Germany

WolfPAC is an advanced risk management software solution that assists organizations in identifying, assessing, and mitigating risks across critical areas such as finance, IT, and operations. Tailored for industries where risk control is essential, WolfPAC enables companies to stay compliant with industry standards and regulatory requirements. Its comprehensive suite includes vendor management, ope... Read more about WolfPAC

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

RISMArisk is a comprehensive risk management software designed to help organizations identify, assess, and mitigate risks effectively. It offers a robust platform for managing risk assessments, tracking risk indicators, and implementing mitigation strategies across all levels of the organization. RISMArisk enables businesses to automate the risk management process, ensuring that potential threats ... Read more about RISMArisk

Free Trial

NA

Pricing Type

Contact Vendor

Location

Denmark

PLANTA Project is an intuitive project management software designed to help teams plan, execute, and monitor projects with precision and efficiency. It offers a comprehensive platform for task management, resource allocation, timeline tracking, and collaboration, ensuring that projects stay on schedule and within scope. PLANTA Project features customizable dashboards, Gantt charts, and real-time u... Read more about PLANTA Project

Free Trial

Available

Pricing Type

$12 Per user

Location

Germany

Allgress is a comprehensive risk management software designed to help organizations identify, assess, and mitigate risks effectively across all aspects of their operations. It offers a robust platform for managing risk assessments, tracking risk exposures, and implementing mitigation strategies with precision and efficiency. Allgress features intuitive risk identification tools, allowing businesse... Read more about Allgress

Free Trial

NA

Pricing Type

$10810 Per user

Location

United States

Univius is a specialized compliance software designed to assist organizations in managing their compliance requirements effectively. The platform offers a range of tools for tracking regulatory changes, managing documentation, and ensuring adherence to industry standards. With its user-friendly interface, Univius simplifies compliance management, allowing teams to collaborate on compliance tasks a... Read more about Univius

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

FortifyData is an advanced risk management software designed to help organizations identify, assess, and mitigate potential risks to their operations. This platform offers a comprehensive suite of tools for risk assessment, compliance management, and incident tracking. With features such as real-time risk monitoring, automated reporting, and customizable dashboards, FortifyData empowers organizati... Read more about FortifyData

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Third Party Risk Management is a comprehensive risk management software designed to help businesses assess and mitigate risks associated with third-party vendors, contractors, and suppliers. The software allows companies to evaluate the financial, operational, and compliance risks posed by external partners. It provides tools for tracking vendor performance, monitoring risk factors, and ensuring c... Read more about Third Party Risk Management

Free Trial

Available

Pricing Type

$750 Per user

Location

India

WinLassie is a robust Environmental, Health, and Safety (EHS) management software designed to streamline compliance and improve workplace safety. The platform offers tools to track incidents, manage safety reports, and monitor environmental impact, ensuring that organizations meet regulatory requirements. WinLassie helps businesses assess risk, implement corrective actions, and develop safety prot... Read more about WinLassie

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

Reflectiz is a cutting-edge risk management software that provides businesses with the tools needed to assess, manage, and mitigate risks across various operations. With a focus on cybersecurity, Reflectiz helps organizations identify vulnerabilities in their systems, particularly in web applications and third-party integrations. The platform uses automated scans and analysis to detect potential r... Read more about Reflectiz

Free Trial

Available

Pricing Type

Contact Vendor

Location

Israel

Enterprise Risk Management (ERM) is a comprehensive software solution that helps organizations identify, assess, and mitigate risks across their entire enterprise. This platform provides a centralized system for tracking potential risks related to finance, operations, compliance, cybersecurity, and more. ERM allows businesses to create and manage risk registers, conduct risk assessments, and devel... Read more about Enterprise Risk Management

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

Actio is a dynamic and intuitive project management software that helps teams plan, execute, and monitor projects efficiently. Whether you're managing a small team or a large-scale enterprise initiative, Actio provides all the tools necessary to keep projects on track, within budget, and on time. The software offers features such as task management, project timelines, resource allocation, and real... Read more about Actio

Free Trial

Available

Pricing Type

$13 Per user

Location

Brazil

RISKaaS Manager is a comprehensive risk management software designed to help businesses proactively identify, assess, and mitigate risks. This platform is ideal for organizations in industries such as finance, insurance, healthcare, and manufacturing that need to manage complex risk landscapes. RISKaaS Manager allows businesses to conduct detailed risk assessments by evaluating both internal and e... Read more about RISKaaS Manager

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

Beacon Front Office Suite is a comprehensive risk management software designed to help businesses effectively identify, assess, and mitigate risks across their operations. This suite of tools integrates various risk management processes into a single, unified platform, empowering organizations to proactively manage threats that could impact their financial stability, reputation, or operational eff... Read more about Beacon Front Office Suite

Free Trial

NA

Pricing Type

Contact Vendor

Location

Japan

ForMotiv is a risk management software that helps businesses identify, assess, and mitigate potential risks within their operations. By providing a centralized platform for managing risks, ForMotiv enables organizations to create and implement risk management strategies to reduce potential threats to their business. The software includes features for risk assessment, tracking, reporting, and compl... Read more about ForMotiv

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Connected Risk is an advanced risk management software platform designed to help businesses identify, assess, and mitigate potential risks across their operations. The software offers a comprehensive approach to risk management by providing tools for risk assessment, incident reporting, and compliance tracking. Connected Risk allows businesses to automate the identification of high-risk areas, hel... Read more about Connected Risk

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Cynomi is an advanced risk management software designed to help businesses identify, assess, and mitigate potential risks across their operations. The platform offers tools for risk analysis, risk prioritization, and mitigation planning, enabling organizations to proactively address vulnerabilities before they impact the business. Cynomi also includes features like real-time reporting, compliance ... Read more about Cynomi

Free Trial

Available

Pricing Type

Contact Vendor

Location

Israel

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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.