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:

A GRC platform built for modern assurance

Diligent HighBond is an all-in-one software designed to manage governance, risk, and compliance (GRC) for organizations. It offers a centralized platform to assist businesses in efficiently handling their risk management, compliance, and audit processes. The software enables teams to assess and mitigate risks, ensuring adherence to regulatory requirements and industry standards. Diligent HighBond ... Read more about Diligent HighBond

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Your Go-to Tool for Operational Efficiency and BPA

Fluix is a practical software solution tailored for streamlined workflow management and business process automation. It simplifies tasks by allowing users to effortlessly upload, edit, and share documents within a user-friendly interface. One standout feature is the customizable forms and digital signature capabilities, which ensure document compliance and minimize errors. Real-time collaboration ... Read more about Fluix

Free Trial

Available

Pricing Type

$50 Per month

Location

Ireland

HSI is your single-source partner in EHS, safety training, employee development, DEI, emergency care training, and software solutions.

HSI is a versatile software platform specializing in Health, Safety, and Environmental (HSE) management, offering comprehensive solutions for diverse industries. Its standout feature is the integrated approach to safety training, compliance, and risk management. The software facilitates easy tracking and reporting of workplace incidents, promoting a safer work environment. HSI's extensive library ... Read more about HSI

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

SafetyCulture's mobile-first operations platform leverages the power of human observation to identify issues and opportunities for businesses to improve every day. More than 70,000 organisations use SafetyCulture to perform checks, train staff, report issues, automate tasks and communicate fluidly. SafetyCulture also powers over 1 billion checks per year, approximately 70,000 lessons per day and m... Read more about SafetyCulture

Free Trial

Available

Pricing Type

Contact Vendor

Location

Australia

RISK is a powerful financial risk management software that enables organizations to analyze and quantify risk effectively. Utilizing advanced simulation techniques, this platform helps businesses model potential outcomes and make informed decisions based on statistical analysis. @RISK integrates seamlessly with Excel, allowing users to leverage their existing data for comprehensive risk assessment... Read more about @RISK

Free Trial

Available

Pricing Type

$1232 Per user

Location

United States

Macroaxis is a sophisticated risk management software designed to empower businesses with the tools to assess and mitigate financial risks effectively. By integrating advanced analytics and real-time data, Macroaxis helps organizations identify potential vulnerabilities in their portfolios and develop strategies to address them. The platform offers features such as risk assessment modeling, scenar... Read more about Macroaxis

Free Trial

NA

Pricing Type

$39.4 Per month

Location

United States

VendorInsight is a risk management software that helps businesses manage and mitigate risks associated with third-party vendors. It provides tools for tracking vendor performance, assessing risks, and ensuring compliance with industry regulations. VendorInsight offers a comprehensive vendor management platform where businesses can store vendor information, monitor contract statuses, and evaluate v... Read more about VendorInsight

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Signifyd is a comprehensive ecommerce software solution focused on fraud prevention and enhancing customer experience. Designed for online retailers, it automates transaction verification, chargeback protection, and fraud detection. The platform seamlessly integrates with existing ecommerce platforms, enabling retailers to implement effective fraud prevention measures without disrupting the custom... Read more about Signifyd

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

NAVEX IRM (formerly Lockpath) is an integrated risk management software designed to help businesses manage risks, compliance, and governance activities across their operations. The platform provides tools for conducting risk assessments, tracking incidents, and managing regulatory compliance, ensuring that businesses can maintain control over their risk landscape. NAVEX IRM’s user-friendly inter... Read more about NAVEX IRM (formerly Lockpath)

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Generative Al that Empowers Customers to Stop Scams Before They Happen

Feedzai is a leading risk management software designed to protect businesses from fraud and other financial threats. Utilizing advanced machine learning algorithms, Feedzai analyzes vast amounts of transaction data in real time to identify suspicious activities and potential risks. The software provides comprehensive reporting and analytics, enabling organizations to monitor trends and adapt their... Read more about Feedzai

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Analytic Solver is a powerful risk management software designed to help organizations identify, assess, and mitigate risks effectively. By providing a comprehensive suite of analytical tools, Analytic Solver enables businesses to model complex risk scenarios, perform quantitative risk assessments, and develop robust risk mitigation strategies. The software integrates seamlessly with Microsoft Exce... Read more about Analytic Solver

Free Trial

Available

Pricing Type

$250 Per user

Location

United States

SEON is an advanced financial fraud detection software designed to help businesses combat online fraud effectively. The platform employs a combination of machine learning algorithms and real-time data analysis to detect fraudulent activities across various channels, including e-commerce, banking, and payment processing. With its user-friendly interface, SEON allows organizations to customize fraud... Read more about SEON. Fraud Fighters

Free Trial

Available

Pricing Type

Contact Vendor

Location

Hungary

One verification platform to secure the whole user journey

Sumsub is a comprehensive Anti-Money Laundering (AML) software solution designed to help businesses comply with regulatory requirements while minimizing risks associated with financial crimes. This platform provides an array of tools for identity verification, customer due diligence, and transaction monitoring, ensuring that organizations can effectively detect and prevent money laundering activit... Read more about Sumsub

Free Trial

NA

Pricing Type

Contact Vendor

Location

United Kingdom

BitSight is a leading Risk Management Software that specializes in cybersecurity ratings, enabling organizations to assess and improve their security posture effectively. This platform provides valuable insights into third-party vendor risks and internal security practices, offering a clear view of potential vulnerabilities. With BitSight’s data-driven approach, businesses can monitor their secu... Read more about BitSight

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Osano is a compliance software designed to help businesses manage data privacy and regulatory compliance with ease. The platform offers tools for ensuring compliance with GDPR, CCPA, and other global privacy laws. Osano provides real-time scanning to detect and assess the use of personal data on websites, helping businesses stay updated on potential compliance risks. The software includes features... Read more about Osano

Free Trial

Available

Pricing Type

$119.99 Per feautre

Location

United States

Arctic Wolf SOC-as-a-Service offers endpoint detection and response (EDR) capabilities to protect businesses against cyber threats. This managed security service provides 24/7 monitoring, threat detection, and incident response, using a combination of advanced AI tools and expert security operations center (SOC) analysts. Arctic Wolf’s platform continuously analyzes network activity, detecting u... Read more about Arctic Wolf SOC-as-a-Service

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

IDX Privacy is a comprehensive risk management software that helps organizations protect sensitive data and ensure compliance with privacy regulations. The platform provides tools for identifying, assessing, and mitigating privacy risks across the organization. IDX Privacy offers features such as data mapping, risk assessments, and incident response planning, enabling businesses to develop robust ... Read more about IDX Privacy

Free Trial

Available

Pricing Type

$3.88 Per month

Location

United States

XLRISK is an advanced risk management software solution designed to help businesses identify, assess, and mitigate risks effectively. This platform offers a comprehensive set of tools to manage risks across different areas, including financial, operational, compliance, and strategic risks. XLRISK enables organizations to create risk profiles, assess risk exposure, and prioritize mitigation strateg... Read more about XLRISK

Free Trial

Available

Pricing Type

$90 Per year

Location

United States

OnePlace Risk & Compliance is a document management software solution that enables organizations to manage and secure sensitive documents while ensuring compliance with industry regulations. The platform provides a centralized repository for storing and organizing documents, making it easier for teams to access and share important files securely. OnePlace offers advanced features like document ver... Read more about OnePlace Risk & Compliance

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

UniCourt Enterprise API is a Business Intelligence Software that provides access to structured legal data, enabling businesses to analyze case trends, track litigation, and make informed decisions. The platform offers API integration, making it easy to retrieve data on court cases, legal entities, and regulatory changes. UniCourt’s advanced search and filtering tools allow users to explore speci... Read more about UniCourt Enterprise API

Free Trial

Available

Pricing Type

$2250 Per user

Location

United States

OnSolve is an advanced emergency notification software designed to help organizations respond quickly and efficiently to critical situations. The platform enables businesses and government agencies to communicate with employees, customers, and stakeholders in real-time during emergencies, whether it's a natural disaster, security threat, or operational disruption. OnSolve supports multi-channel co... Read more about OnSolve Platform

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Predict! is a risk management platform designed to help organizations assess, manage, and mitigate risks across projects and operations. With a user-friendly interface, Predict! enables teams to document potential risks, evaluate their impact, and prioritize them for mitigation efforts. The software offers comprehensive tools for setting risk thresholds, assigning responsibilities, and monitoring ... Read more about Predict!

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Rave Collaborate is a powerful task management software solution designed to enhance collaboration and productivity within teams. It provides a centralized platform where team members can assign, track, and manage tasks in real-time, improving communication and ensuring that everyone is aligned on project objectives. The software allows users to create task lists, set deadlines, and monitor progre... Read more about Rave Collaborate

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

RAAPID is a comprehensive risk management software that helps businesses identify, assess, and mitigate risks across their operations. The software provides a centralized platform for tracking risks, incidents, and compliance issues, allowing organizations to take proactive measures to prevent potential problems. RAAPID includes tools for risk assessment, risk mapping, incident reporting, and risk... Read more about RAAPID

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Compliance That Runs With Your Business. Not Against It.

Hoggo is a comprehensive risk management software designed to help businesses identify, assess, and mitigate risks across various operational areas. Whether it’s financial risks, operational hazards, or compliance challenges, Hoggo provides businesses with the tools they need to proactively manage and minimize potential threats. The software offers features such as risk assessment templates, rea... Read more about hoggo

Free Trial

NA

Pricing Type

Contact Vendor

Location

Germany

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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.