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:

QuantRisk System is a cutting-edge risk management software designed to help financial institutions and asset managers assess and mitigate risks effectively. This comprehensive platform offers a suite of tools for risk modeling, portfolio analysis, and compliance monitoring, ensuring organizations can navigate the complexities of the financial landscape. With its user-friendly interface, QuantRisk... Read more about QuantRisk System

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Enterprise Risk Manager is a specialized risk management software designed to help organizations identify, assess, and mitigate risks effectively. This platform offers tools for risk assessment, incident tracking, and reporting, ensuring that businesses can manage potential threats proactively. Users can customize risk matrices, manage documentation, and facilitate collaboration among stakeholders... Read more about Enterprise Risk Manager

Free Trial

NA

Pricing Type

$20000 Per user

Location

Australia

Xyea is a comprehensive risk management software designed to assist organizations in identifying, assessing, and mitigating risks across various operational domains. With its intuitive interface, Xyea allows users to develop risk assessments that evaluate potential threats and vulnerabilities. The software features customizable risk templates, enabling users to tailor assessments to their specific... Read more about Xyea

Free Trial

Available

Pricing Type

Contact Vendor

Location

Ireland

Maclear eGRC Suite is a comprehensive governance, risk, and compliance (GRC) software solution designed to help organizations manage risk effectively and ensure compliance with regulations. This platform offers tools for risk assessment, policy management, and audit tracking, enabling organizations to identify and mitigate potential risks proactively. The user-friendly interface allows teams to co... Read more about Maclear eGRC Suite

Free Trial

Available

Pricing Type

$1250 Per user

Location

United States

Objective Controls is a specialized risk management software designed to help organizations identify, assess, and mitigate risks effectively. This platform provides comprehensive tools for risk assessment, compliance tracking, and reporting, ensuring that organizations adhere to regulatory standards. With its user-friendly interface, users can easily manage risk data, analyze trends, and generate ... Read more about Objective Controls

Free Trial

Available

Pricing Type

$99 Per month

Location

Israel

Compliance Master is a comprehensive compliance software that helps businesses manage regulatory requirements, monitor compliance activities, and ensure adherence to industry standards. The platform provides tools for creating compliance checklists, tracking audits, and documenting policies and procedures. Compliance Master also offers real-time reporting and alerts, ensuring that businesses stay ... Read more about Compliance Master

Free Trial

Available

Pricing Type

$23 Per user

Location

Australia

Allovance is a sophisticated risk management software designed to help businesses identify, assess, and mitigate potential risks across various operational areas. The software provides a centralized platform for monitoring risks, helping organizations to proactively address and manage potential threats before they escalate. With its userfriendly interface, Allovance enables businesses to perform r... Read more about Allovance

Free Trial

Available

Pricing Type

$4000 Per year

Location

United States

Quick Consign is a specialized waste management software designed to help organizations optimize their waste disposal processes and ensure compliance with regulations. This platform provides tools for tracking waste generation, managing collection schedules, and monitoring disposal methods. Quick Consign’s user-friendly interface allows users to easily log waste data, generate reports, and analy... Read more about Quick Consign

Free Trial

Available

Pricing Type

Contact Vendor

Location

United Kingdom

Phinity is an integrated risk management software that empowers organizations to identify, assess, and mitigate risks across various operational areas. It offers a comprehensive framework for managing risk, including tools for tracking incidents, conducting risk assessments, and implementing mitigation strategies. Phinity’s intuitive dashboard provides a holistic view of an organization’s risk... Read more about Phinity

Free Trial

Available

Pricing Type

$700 Per year

Location

Ireland

CQN Advantage is a comprehensive quality management software tailored to enhance product quality and compliance in manufacturing and service industries. This software solution streamlines quality processes by automating workflows related to inspections, audits, and corrective actions, ensuring that organizations maintain high standards. CQN Advantage offers robust document management features, all... Read more about CQN Advantage

Free Trial

Available

Pricing Type

$299 Per user

Location

Canada

MC FLO is a risk management software that assists organizations in identifying, analyzing, and mitigating risks associated with their business operations. This platform provides tools for risk assessment, incident reporting, and compliance tracking, enabling companies to maintain rigorous risk management practices. MC FLO supports customizable risk matrices and templates, making it adaptable to va... Read more about MC FLO

Free Trial

Available

Pricing Type

$99 Per year

Location

Switzerland

C1Risk is a dynamic risk management software that enables businesses to identify, assess, and mitigate risks effectively. Tailored for organizations across industries, it provides tools for tracking compliance, managing audits, and implementing controls to reduce potential threats. The platform offers real-time dashboards, enabling teams to monitor risk levels, prioritize issues, and make informed... Read more about C1Risk

Free Trial

Available

Pricing Type

$4500 Per user

Location

United States

HAYAG is an advanced compliance software solution that assists businesses in adhering to regulatory requirements across various industries. It streamlines the management of compliance processes, helping organizations stay up to date with ever-changing rules and regulations. HAYAG provides a centralized platform for tracking, managing, and reporting on compliance-related activities, reducing the ri... Read more about HAYAG

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

BCMsoft is a comprehensive risk management software designed to help businesses identify, assess, and mitigate potential risks across various operations. By providing a centralized platform for risk management, BCMsoft enables organizations to track, analyze, and address risks before they escalate into major issues. The software offers tools for risk assessments, business continuity planning, inci... Read more about BCMsoft

Free Trial

Available

Pricing Type

$1000 Per year

Location

France

ShadowKat is a powerful risk management software designed to help businesses identify, assess, and mitigate potential risks across various operational areas. The platform enables organizations to create a comprehensive risk management plan, complete with risk assessments, mitigation strategies, and contingency plans. ShadowKat allows businesses to assess both internal and external risks, including... Read more about ShadowKat

Free Trial

Available

Pricing Type

$12000 Per month

Location

United States

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Centraleyes is a compliance software solution that assists organizations in managing and maintaining regulatory compliance efficiently. The platform provides tools for tracking compliance requirements, assessing risks, and managing audits, ensuring that businesses meet industry standards and regulatory obligations. Centraleyes’ analytics deliver insights into compliance status, risk assessments,... Read more about Centraleyes

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

HealthSafe RMS is a specialized risk management software designed for healthcare organizations to identify, assess, and mitigate risks effectively. The platform provides tools for tracking incidents, managing compliance, and conducting risk assessments, ensuring that healthcare facilities maintain high standards of safety and quality. HealthSafe RMS supports real-time reporting and analytics, allo... Read more about HealthSafe RMS

Free Trial

NA

Pricing Type

Contact Vendor

Location

New Zealand

Isoms is a comprehensive quality management software designed to help organizations maintain high standards of quality control and continuous improvement. It offers tools for tracking quality metrics, managing audits, and ensuring compliance with industry standards. Isoms enables businesses to identify quality issues, implement corrective actions, and monitor progress in real-time. The software’... Read more about Isoms

Free Trial

Available

Pricing Type

Contact Vendor

Location

Turkey

Defendocs is a compliance software designed to help businesses manage and maintain regulatory compliance across various industries. The platform provides tools for document management, policy tracking, and audit reporting, ensuring that businesses can stay up-to-date with changing regulations. Defendocs also includes features for risk management, incident tracking, and employee training, helping o... Read more about Defendocs

Free Trial

Available

Pricing Type

$99 Per month

Location

Ireland

GetSecured is an advanced compliance software designed to help businesses manage their data security and regulatory requirements with ease. The software offers a suite of tools that enable organizations to monitor, assess, and enforce compliance with various industry standards, including GDPR, CCPA, HIPAA, and PCI-DSS. GetSecured simplifies the compliance process by automating tasks such as risk a... Read more about GetSecured

Free Trial

Available

Pricing Type

$245 Per user

Location

India

Novasec MS is a Governance, Risk, and Compliance (GRC) software designed to help organizations manage and mitigate risks, ensure regulatory compliance, and improve governance processes. The platform offers a centralized solution for tracking and managing risk assessments, internal controls, audit trails, and compliance obligations. Novasec MS provides tools for real-time risk monitoring, ensuring ... Read more about Novasec MS

Free Trial

NA

Pricing Type

$1000 Per feautre

Location

Colombia

Battleground is a business continuity software that helps organizations prepare for and respond to disruptions in operations. The platform provides tools for creating and testing continuity plans, ensuring that businesses can maintain critical functions during unforeseen events. Battleground includes risk assessment features, enabling users to identify vulnerabilities in their operations and desig... Read more about Battleground

Free Trial

Available

Pricing Type

Contact Vendor

Location

Australia

Trustnet.Trade is a comprehensive compliance software designed to help businesses meet regulatory requirements and mitigate risks in their trading and financial operations. This platform offers tools for monitoring transactions, ensuring adherence to industry standards, and detecting potential compliance violations in real-time. With built-in auditing features, Trustnet.Trade enables businesses to... Read more about Trustnet.Trade

Free Trial

Available

Pricing Type

Contact Vendor

Location

Germany

Thrivaca is an advanced risk management software designed to help businesses identify, assess, and mitigate potential risks across their operations. The platform offers a comprehensive suite of tools for risk identification, risk analysis, and incident management. Thrivaca allows users to create risk profiles, track risk exposure, and generate risk reports that help inform strategic decision-makin... Read more about Thrivaca

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Flowdit is a comprehensive inspection software designed to streamline and simplify the inspection process for businesses in various industries, including construction, manufacturing, and facilities management. The platform offers a range of powerful features for managing inspections, audits, and assessments, enabling users to capture data in real-time, improve accuracy, and ensure compliance with ... Read more about flowdit

Free Trial

Available

Pricing Type

$25 Per user

Location

United Arab Emirates

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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.