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:

Job Hazard Analytics is an innovative risk management software designed to help organizations identify, assess, and mitigate workplace hazards. This powerful platform enables users to conduct thorough risk assessments and create detailed reports, ensuring compliance with safety regulations and industry standards. With Job Hazard Analytics, safety professionals can easily document potential hazards... Read more about Job Hazard Analytics

Free Trial

NA

Pricing Type

$7500 Per user

Location

United States

Riscomatic is a robust risk management software designed to help businesses identify, assess, and mitigate risks across their operations. The platform offers a comprehensive suite of tools for managing risks related to finance, compliance, operations, and security, ensuring that organizations can proactively address potential threats. Riscomatic allows users to create risk registers, conduct risk ... Read more about Riscomatic

Free Trial

Available

Pricing Type

$208 Per user

Location

Romania

ARC Cyber Risk Management is a sophisticated Risk Management Software designed to help organizations identify, assess, and mitigate cyber risks effectively. It offers a comprehensive platform for managing cybersecurity policies, conducting risk assessments, and monitoring threat landscapes, ensuring that businesses can protect their digital assets and maintain operational resilience. ARC Cyber Ris... Read more about ARC Cyber Risk Management

Free Trial

NA

Pricing Type

$9999 Per user

Location

United Kingdom

RiskOrganizer is an advanced risk management software designed to help organizations identify, assess, and mitigate risks effectively. It offers a comprehensive platform for managing risk assessments, tracking risk indicators, and implementing mitigation strategies across all levels of an organization. RiskOrganizer includes features such as risk register management, automated risk scoring, and re... Read more about RiskOrganizer

Free Trial

Available

Pricing Type

$49 Per month

Location

Australia

Direct Claim Solution is an advanced risk management software designed to help organizations identify, assess, and mitigate risks effectively. It offers a comprehensive platform for managing risk assessments, tracking risk exposures, and implementing mitigation strategies with precision and efficiency. Direct Claim Solution features intuitive tools for conducting risk evaluations, mapping risk sce... Read more about Direct Claim Solution

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Velappity is a cutting-edge Environmental, Health, and Safety (EHS) management software designed to help organizations manage compliance, risk, and safety performance effectively. This platform offers a comprehensive suite of tools for tracking incidents, managing audits, and ensuring regulatory compliance. With its intuitive interface, users can easily report safety concerns, conduct risk assessm... Read more about Velappity

Free Trial

Available

Pricing Type

$15 Per month

Location

United Kingdom

EE Compass is a versatile task management software created to help teams stay organized, prioritize tasks, and meet deadlines. Designed for both small teams and large organizations, EE Compass provides tools for task assignment, progress tracking, and deadline management. The platform’s intuitive dashboard offers a clear view of ongoing projects, making it easy to identify bottlenecks and alloca... Read more about EE Compass

Free Trial

Available

Pricing Type

$5 Per month

Location

Canada

CorrectTrack is a comprehensive quality management software that empowers businesses to track, manage, and improve product and service quality. With CorrectTrack, organizations can document processes, track defects, and implement corrective actions, ensuring compliance with quality standards. The platform provides a centralized location for quality records, making it easy for teams to access and a... Read more about CorrectTrack

Free Trial

Available

Pricing Type

$75 Per user

Location

United States

Archimigo is a risk management software that helps organizations identify, assess, and mitigate risks across projects and operations. The platform provides tools for risk assessment, tracking mitigation efforts, and organizing risk-related documentation, supporting effective risk management. Archimigo’s analytics offer insights into risk levels, potential impacts, and trends, helping organizatio... Read more about Archimigo

Free Trial

NA

Pricing Type

Contact Vendor

Location

Australia

Imperium is a comprehensive risk management software that helps businesses identify, assess, and mitigate risks across various departments and processes. This tool provides a centralized platform for tracking potential risks, implementing risk mitigation strategies, and ensuring compliance with industry regulations. Imperium helps organizations proactively manage risks by offering features like ri... Read more about Imperium

Free Trial

NA

Pricing Type

$25000 Per year

Location

United Kingdom

AutoPSM is compliance software designed to simplify the process of meeting regulatory standards and ensuring operational safety across industries. The software offers tools for tracking compliance requirements, scheduling audits, and managing regulatory documents, helping organizations avoid costly fines and penalties. AutoPSM automates compliance tasks such as reporting and document updates, redu... Read more about AutoPSM

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Lightspace is an Environmental, Health, and Safety (EHS) management software that helps organizations ensure workplace safety, monitor environmental impact, and comply with regulatory standards. The platform provides tools for incident reporting, safety inspections, and risk assessments, enabling companies to identify and address potential hazards. Lightspace’s compliance tracking features suppo... Read more about Lightspace

Free Trial

NA

Pricing Type

Contact Vendor

Location

Australia

Agnoscis is a risk management software designed to help businesses identify, assess, and mitigate potential risks across their operations. The platform provides tools for risk assessment, scenario planning, and decision-making, allowing businesses to proactively manage risks before they impact operations. Agnoscis includes features for monitoring risk factors, tracking mitigation efforts, and gene... Read more about Agnoscis

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

CollMan Prevention is an advanced risk management software designed to help organizations identify, assess, and mitigate risks across various operations. The software provides a comprehensive framework for managing risk, including features for risk assessment, mitigation planning, and monitoring. With its intuitive interface, CollMan Prevention allows users to easily categorize and prioritize risk... Read more about CollMan Prevention

Free Trial

NA

Pricing Type

Contact Vendor

Location

France

TRM Advantage is a robust risk management software designed to help organizations identify, assess, and mitigate risks across their operations. Whether for financial, operational, or compliance risks, TRM Advantage provides tools for risk assessment, risk tracking, and reporting. The platform enables users to perform in-depth risk analysis and develop strategies to reduce potential threats to busi... Read more about TRM Advantage

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

PHC Pharos is an advanced risk management software designed to help organizations identify, assess, and mitigate risks across various operational areas. It offers a comprehensive set of tools for managing both strategic and operational risks, enabling businesses to create detailed risk profiles and implement effective mitigation strategies. PHC Pharos uses predictive analytics to assess potential ... Read more about PHC Pharos

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

RiskBoards is a comprehensive risk management software designed to help businesses identify, assess, and mitigate risks effectively. The platform provides tools for risk analysis, allowing businesses to visualize and track potential threats, whether they are financial, operational, regulatory, or environmental. RiskBoards features an intuitive dashboard that allows users to monitor key risk indica... Read more about RiskBoards

Free Trial

Available

Pricing Type

Contact Vendor

Location

Germany

Medblaze Infini is a high-performance quality management software designed specifically for healthcare organizations. With its comprehensive set of features, it allows hospitals, clinics, and healthcare providers to streamline quality control processes and ensure compliance with industry regulations. Medblaze Infini supports the management of audits, corrective actions, risk assessments, and docum... Read more about Medblaze Infini

Free Trial

NA

Pricing Type

Contact Vendor

Location

India

modONE is a versatile enterprise risk management (ERM) software designed to help organizations identify, assess, and mitigate risks across various operational areas. With modONE, companies can monitor internal and external risks, such as financial, operational, strategic, and compliance-related risks, in real-time. The software includes a centralized dashboard that visualizes risk data and provide... Read more about modONE

Free Trial

Available

Pricing Type

$99 Per month

Location

United States

Simplifyance is a software platform designed to help healthcare organizations and businesses in the health tech industry maintain compliance with the Health Insurance Portability and Accountability Act (HIPAA). Simplifyance simplifies the complex requirements of HIPAA by offering tools to automate the tracking, auditing, and reporting of compliance activities. The software provides organizations w... Read more about Simplifyance

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Perium is an advanced risk management software that helps organizations identify, assess, and mitigate potential risks to ensure business continuity and compliance. Whether dealing with financial risks, operational challenges, cybersecurity threats, or regulatory compliance, Perium provides a comprehensive framework for managing and tracking risk across the enterprise. The platform allows users to... Read more about Perium

Free Trial

NA

Pricing Type

Contact Vendor

Location

Netherlands

Socurely is a comprehensive compliance software solution designed to help businesses stay ahead of regulatory requirements and mitigate compliance risks. With increasing government regulations across industries, Socurely provides a centralized platform to manage and track compliance across multiple domains, including data privacy, financial regulations, and industry-specific standards. The softwar... Read more about Socurely

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

8am Solutions is a versatile compliance management software that helps businesses navigate complex regulatory requirements, ensuring that their operations adhere to industry standards and legal obligations. The software simplifies compliance management by providing tools for monitoring, tracking, and reporting on compliance-related activities across various departments. Whether it’s managing env... Read more about 8am Solutions

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

Sharken is a cutting-edge risk management software designed to help organizations identify, assess, and mitigate risks across various business operations. Whether you’re managing financial, operational, regulatory, or reputational risks, Sharken offers a comprehensive suite of tools to manage your company’s risk profile. The platform provides customizable risk matrices, which allow businesses ... Read more about Sharken

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Protection C4 is an advanced risk management software solution designed to help organizations identify, assess, and mitigate risks across various operational areas. With its comprehensive set of features, Protection C4 allows businesses to proactively manage risks, ensuring they can respond to potential threats before they escalate. The software includes risk assessment tools that allow businesses... Read more about Protection C4

Free Trial

NA

Pricing Type

Contact Vendor

Location

Canada

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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.