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:

The most customizable GRC Solution

AuditRunner is a high-performing software solution crafted to simplify the audit process for organizations. Acting as a centralized platform, AuditRunner streamlines the management of audits, assessments, and compliance activities. The software facilitates efficient scheduling, execution, and tracking of audits, enhancing overall organizational transparency and accountability. With customizable fe... Read more about AuditRunner

Free Trial

Available

Pricing Type

$890 Per one-time

Location

United States

Fast Track is a robust compliance software solution designed to help organizations manage regulatory requirements and ensure adherence to industry standards. The platform provides comprehensive tools for tracking compliance activities, automating reporting, and managing audits effectively. With its user-friendly interface, users can easily navigate compliance workflows, document procedures, and mo... Read more about Fast Track

Free Trial

NA

Pricing Type

$100 Per month

Location

Australia

FlinkISO is a robust document management software designed to streamline the organization and retrieval of documents for businesses. The platform provides tools for storing, categorizing, and sharing documents securely, enhancing collaboration among teams. FlinkISO supports version control and audit trails, ensuring that users can track document changes and maintain compliance with industry regula... Read more about FlinkISO

Free Trial

Available

Pricing Type

$5 Per month

Location

India

iRISK is a risk management software designed to help organizations identify, evaluate, and mitigate risks across their operations. The platform provides a comprehensive suite of tools for managing risk assessments, tracking incidents, and ensuring compliance with regulatory requirements. iRISK’s intuitive interface allows users to conduct risk assessments and generate reports with ease. The soft... Read more about iRISK

Free Trial

Available

Pricing Type

$1 Per year

Location

Portugal

Optimiso is a comprehensive risk management software designed to help organizations identify, assess, and mitigate risks effectively. This platform streamlines the risk management process, providing users with tools to create risk profiles, develop mitigation strategies, and track risk exposure over time. With its intuitive interface, businesses can easily manage risk assessments, ensuring complia... Read more about Optimiso

Free Trial

NA

Pricing Type

$250 Per month

Location

Switzerland

Forestpin Analytics is a cuttingedge financial risk management software designed to help organizations identify, assess, and mitigate financial risks effectively. The platform provides tools for analyzing market trends, forecasting financial performance, and conducting stress tests, enabling businesses to make informed decisions. With its userfriendly interface, financial analysts can easily creat... Read more about Forestpin Analytics

Free Trial

NA

Pricing Type

$2000 Per one-time

Location

Sri Lanka

Execview is a comprehensive project management software designed to help organizations plan, execute, and monitor projects efficiently. With its intuitive interface, Execview enables users to create project timelines, assign tasks, and track progress in real time. The platform offers tools for resource management, budgeting, and reporting, allowing organizations to optimize project performance and... Read more about Execview

Free Trial

Available

Pricing Type

Contact Vendor

Location

United Kingdom

PlanTRAK is a versatile quality management software designed to support businesses in achieving and maintaining high standards in product quality and compliance. With tools for document control, inspection tracking, and nonconformance reporting, PlanTRAK helps organizations stay organized and ensure processes align with regulatory standards. Automated workflows streamline tasks like audits, correc... Read more about PlanTRAK

Free Trial

Available

Pricing Type

$720 Per year

Location

United States

Teambit is an innovative employee engagement software designed to enhance workplace culture and boost employee morale. With its userfriendly interface, Teambit enables organizations to gather feedback and insights from employees through surveys, polls, and performance reviews. The platform’s analytics tools provide valuable data on employee satisfaction and engagement levels, helping managers id... Read more about PRC Enterprise Risk Register

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

StrategyWorks is a robust business intelligence software designed to help organizations analyze data and make informed strategic decisions. This platform offers a userfriendly interface that enables users to visualize complex data sets through interactive dashboards and reports. With features for data integration and cleansing, StrategyWorks ensures that users can access accurate and actionable in... Read more about StrategyWorks

Free Trial

NA

Pricing Type

$17.5 Per user

Location

United Kingdom

SPHERAes is an advanced compliance software that helps businesses ensure adherence to environmental, health, and safety (EHS) regulations. Designed to streamline compliance management processes, SPHERAes allows companies to manage and track their regulatory obligations, risk assessments, and compliance activities from a centralized platform. The software offers tools for incident management, envir... Read more about SPHERAes

Free Trial

NA

Pricing Type

$20000 Per user

Location

Italy

Command Center is an advanced compliance software designed to help organizations manage regulatory requirements and ensure adherence to industry standards. The platform offers a comprehensive suite of tools for tracking compliance activities, managing documentation, and conducting audits efficiently. With features like risk assessments, policy management, and automated reminders, Command Center si... Read more about Command Center

Free Trial

Available

Pricing Type

$500 Per user

Location

Canada

Valital is an advanced background check software designed to help employers screen potential hires with ease and accuracy. This platform enables companies to conduct criminal, credit, and employment history checks, ensuring a thorough vetting process. Valital’s user-friendly dashboard allows hiring managers to initiate checks quickly, track progress, and review detailed reports. The software pri... Read more about Valital

Free Trial

Available

Pricing Type

$59 Per year

Location

Canada

Iluminr is a team communication software that helps organizations improve collaboration and streamline communication among employees. Designed for remote and hybrid teams, Iluminr provides a centralized platform for team messaging, project updates, file sharing, and video conferencing, making it easier for teams to stay connected regardless of location. The software offers real-time communication ... Read more about iluminr

Free Trial

NA

Pricing Type

Contact Vendor

Location

Australia

PACTA is a legal document management software designed to help law firms and businesses manage and organize their legal documents efficiently. The platform offers tools for document storage, categorization, version control, and collaboration, allowing legal teams to easily access and share important documents securely. PACTA includes features such as automated document tagging, workflow automation... Read more about PACTA

Free Trial

Available

Pricing Type

Contact Vendor

Location

Germany

Stems is an incident management software designed to support organizations in tracking, managing, and resolving incidents efficiently. With tools for incident logging, categorization, and prioritization, Stems enables businesses to respond to issues quickly, minimizing downtime and maintaining service quality. The platform’s customizable workflows and notification settings ensure that incidents ... Read more about Stems

Free Trial

Available

Pricing Type

$45 Per month

Location

Australia

cQuant is an advanced risk management software designed to help businesses identify, assess, and mitigate risks effectively. Ideal for financial institutions, healthcare providers, and large enterprises, cQuant offers a comprehensive platform for managing various types of risks, including financial, operational, and compliance risks. The software features robust risk assessment tools that enable u... Read more about cQuant

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Nectarine Credit is an advanced risk management software that helps businesses assess, monitor, and mitigate financial and credit risks. Designed for companies involved in lending, finance, and investment, Nectarine Credit offers tools to evaluate the creditworthiness of individuals and businesses, allowing for more informed lending decisions. The software analyzes a range of financial data, inclu... Read more about Nectarine Credit

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

NeoEHS is an environmental, health, and safety (EHS) management software designed to help businesses comply with regulatory standards, reduce risks, and promote workplace safety. The platform offers tools for incident tracking, risk assessments, and safety audits, ensuring that potential hazards are identified and addressed before they lead to injuries or violations. NeoEHS provides a centralized ... Read more about NeoEHS

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Zinc Synapse is an advanced incident management software designed to help organizations quickly identify, respond to, and resolve incidents while minimizing disruption and downtime. The software provides a centralized platform for managing incidents from detection to resolution, allowing teams to collaborate in real time, prioritize critical issues, and assign tasks efficiently. With powerful auto... Read more about Zinc Synapse

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

MarketingOne is a workflow management software designed to streamline and optimize marketing operations, helping marketing teams plan, execute, and track their campaigns efficiently. With a user-friendly interface, MarketingOne provides tools to automate routine marketing tasks, manage content approvals, and ensure that all team members stay aligned with project goals. The software’s robust trac... Read more about MarketingOne

Free Trial

NA

Pricing Type

Contact Vendor

Location

Netherlands

Rivial Data Security is a robust risk management software specifically designed to help organizations identify, assess, and mitigate security risks. Ideal for companies focused on protecting sensitive data, Rivial offers tools to manage risk assessments, track vulnerabilities, and monitor compliance with industry standards. The platform’s real-time alerts and reporting features keep security tea... Read more about Rivial Data Security

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

RiskChallenger is an innovative risk management software designed to help organizations identify, assess, and mitigate risks across various business processes. This platform provides tools for risk identification, risk assessment, risk evaluation, and mitigation planning, helping businesses maintain operational continuity while minimizing exposure to potential threats. RiskChallenger offers a user... Read more about RiskChallenger

Free Trial

Available

Pricing Type

$5000 Per month

Location

Netherlands

Tiimely is a comprehensive financial risk management software designed to help businesses identify, assess, and mitigate financial risks. The platform provides tools to analyze market trends, forecast potential risks, and make informed decisions to safeguard financial health. Tiimely's features include scenario analysis, risk modeling, and stress testing, helping businesses understand the impact o... Read more about Tiimely

Free Trial

NA

Pricing Type

Contact Vendor

Location

Australia

Derivitec is an advanced financial risk management software solution designed to help businesses and financial institutions assess, monitor, and mitigate risk. With a focus on data-driven decision-making, Derivitec enables users to identify potential risks in their portfolios, investments, and operations. The platform provides powerful analytics and predictive modeling tools that allow businesses ... Read more about Derivitec

Free Trial

Available

Pricing Type

$20000 Per user

Location

United Kingdom

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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.