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:

Enterprise Risk Management Software

LogicManager is a versatile software solution aimed at optimizing risk and compliance management for organizations. It serves as a centralized platform, facilitating efficient tracking and management of risks, audits, and incidents. The system promotes collaboration among teams through customizable templates and automated workflows, ensuring consistency and adherence to compliance standards. With ... Read more about LogicManager

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Compliance with confidence

Thoropass is a user-friendly compliance tool designed to ensure that businesses adhere to industry regulations and standards. It simplifies complex compliance processes, streamlining tasks like documentation, monitoring, and reporting. With Thoropass, companies can easily track their compliance status, identify potential issues, and implement corrective measures. The software offers a centralized ... Read more about Thoropass

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

World’s largest supply chain risk compliance network

Avetta is a leading-edge software solution that transforms your supplier and contractor management processes. Its standout feature is its ability to centralize and automate supplier compliance and risk assessment. With Avetta, you can easily onboard and prequalify suppliers, ensuring they meet your safety and performance standards. Its user-friendly interface and intuitive dashboards make it acces... Read more about Avetta

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Commodity XL is a robust risk management software solution designed for organizations involved in commodity trading and supply chain management. This platform provides comprehensive tools for tracking market fluctuations, managing contracts, and assessing risks associated with commodity transactions. With its user-friendly interface, Commodity XL simplifies complex risk analysis tasks, allowing us... Read more about Commodity XL

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Provenir Platform is a robust risk management software designed to help businesses make smarter decisions through real-time data insights. It offers tools for managing credit risk, fraud prevention, and decision automation, making it ideal for financial institutions. With its advanced analytics capabilities, the platform enables businesses to assess risk quickly and efficiently, allowing for seaml... Read more about Provenir Platform

Free Trial

NA

Pricing Type

$1 Per user

Location

United States

SEER is a powerful quoting software designed to streamline the quoting process for businesses in various industries. It enables users to create accurate and professional quotes quickly, reducing the time spent on manual calculations and paperwork. With SEER, businesses can customize quotes to meet client specifications, incorporating pricing, discounts, and product details effortlessly. The softwa... Read more about SEER

Free Trial

NA

Pricing Type

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Location

United States

Protect the People and Property Around You

Omnigo is an advanced Environmental, Health, and Safety (EHS) management software designed to streamline compliance and risk management for organizations. The platform offers comprehensive tools for incident reporting, safety training, and compliance tracking, allowing businesses to maintain a safe working environment. With its intuitive interface, users can easily document incidents, manage inves... Read more about Omnigo

Free Trial

NA

Pricing Type

$115 Per user

Location

United States

Analytica is a powerful decision support software solution designed to help organizations make data-driven decisions. This innovative platform enables users to build and analyze complex models, providing valuable insights into various business scenarios. With Analytica, users can easily visualize data, conduct sensitivity analysis, and assess potential risks, empowering them to make informed choic... Read more about Analytica

Free Trial

NA

Pricing Type

$500 Per user

Location

United States

Contract Discovery & Analytics is a sophisticated contract management software designed to automate the discovery, analysis, and management of contracts. The software uses advanced AI-powered tools to scan and extract key data from contracts, enabling businesses to gain insights into contractual obligations, risks, and opportunities. It helps organizations identify contract terms, clauses, and ren... Read more about Contract Discovery & Analytics

Free Trial

NA

Pricing Type

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Location

United States

Nlyte DCIM is a comprehensive data center management software designed to optimize the performance and efficiency of data center operations. With its powerful analytics and monitoring capabilities, organizations can gain real-time visibility into their IT infrastructure, ensuring optimal resource utilization and minimizing downtime. The software facilitates asset tracking, capacity planning, and e... Read more about Nlyte DCIM

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Fraud.net is an advanced financial fraud detection software designed to protect businesses from fraudulent activities and enhance security measures. This platform provides comprehensive tools for real-time monitoring, risk assessment, and fraud prevention across various transactions. With its user-friendly interface, users can easily set parameters, analyze data, and identify suspicious behavior e... Read more about Fraud.net

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Traklight is a powerful risk management software designed to help organizations identify, assess, and mitigate risks effectively. The platform provides tools for creating risk assessments, tracking risk mitigation strategies, and generating reports to ensure compliance with industry standards. With features such as customizable templates, real-time collaboration, and automated notifications, Trakl... Read more about Traklight

Free Trial

Available

Pricing Type

$199 Per one-time

Location

United States

Vendor Cloud is a robust Compliance Software designed to help businesses manage and ensure adherence to regulatory standards and internal policies. The platform offers a comprehensive suite of tools for risk assessment, policy management, and compliance monitoring, enabling organizations to identify and mitigate potential compliance issues proactively. Vendor Cloud features automated workflows for... Read more about Vendor Cloud

Free Trial

NA

Pricing Type

$32400 Per user

Location

United States

ZenGRC is a robust compliance management software designed to help businesses maintain regulatory compliance and mitigate risks. The platform offers tools for tracking compliance requirements, managing audits, and documenting control activities. ZenGRC’s centralized dashboard provides a comprehensive view of compliance status, enabling businesses to monitor their compliance posture in real time.... Read more about ZenGRC

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

Prevalent is a powerful vendor management software designed to help organizations assess, manage, and mitigate risks associated with thirdparty vendors. This platform enables businesses to streamline their vendor management processes by automating tasks such as vendor onboarding, risk assessments, and contract management. Prevalent provides a centralized dashboard where organizations can track the... Read more about Prevalent

Free Trial

NA

Pricing Type

$14995 Per user

Location

United States

Runecast is a cutting-edge virtualization software designed to optimize and manage virtual environments with ease and efficiency. By providing a comprehensive suite of tools for virtualization management, Runecast enables organizations to streamline their IT operations, enhance resource utilization, and reduce infrastructure costs. The software supports a wide range of virtualization platforms, in... Read more about Runecast

Free Trial

Available

Pricing Type

Contact Vendor

Location

United Kingdom

Protecting is a comprehensive risk management software designed to help organizations identify, assess, and mitigate potential risks across various operational areas. This robust platform provides tools for conducting risk assessments, monitoring compliance, and implementing risk mitigation strategies, enabling businesses to safeguard their assets and reputation effectively. With features such as ... Read more about Protecting

Free Trial

Available

Pricing Type

$39 Per feautre

Location

United Kingdom

IriusRisk is a sophisticated Risk Management Software designed to help organizations identify, assess, and mitigate risks throughout the software development lifecycle. By integrating security into the design phase, IriusRisk enables teams to proactively address potential vulnerabilities and align security efforts with business objectives. Its user-friendly platform provides comprehensive risk ana... Read more about IriusRisk

Free Trial

Available

Pricing Type

Contact Vendor

Location

Spain

Vulcan Cyber is an advanced vulnerability management software designed to protect organizations from cybersecurity risks by identifying and remediating vulnerabilities across their entire IT infrastructure. The platform offers a proactive approach to cybersecurity by automating the process of vulnerability detection, assessment, and prioritization, ensuring that businesses stay one step ahead of p... Read more about Vulcan Cyber

Free Trial

Available

Pricing Type

Contact Vendor

Location

Israel

Censinet is a comprehensive risk management software designed to help healthcare organizations identify, assess, mitigate, and monitor risks across their operations. It offers a robust platform for managing various aspects of risk management, including compliance tracking, incident reporting, workflow automation, and data analytics, ensuring that healthcare providers can maintain high standards of... Read more about Censinet

Free Trial

Available

Pricing Type

Contact Vendor

Location

United States

Secureframe is a cutting-edge compliance software designed to help organizations automate and simplify their compliance processes. With an emphasis on security and risk management, Secureframe provides tools to streamline the collection of compliance evidence, manage audits, and ensure adherence to industry standards such as SOC 2, ISO 27001, and GDPR. The platform offers a user-friendly interface... Read more about Secureframe

Free Trial

NA

Pricing Type

$2000 Per year

Location

United States

Origami Risk for Risk Management is a comprehensive Environmental, Health, and Safety (EHS) software solution designed to help organizations manage risk, improve safety, and ensure compliance. The platform provides tools for tracking incidents, managing safety audits, monitoring regulatory compliance, and conducting risk assessments. Origami Risk enables businesses to streamline their EHS processe... Read more about Origami Risk for Risk Management

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

BIC GRC is a comprehensive governance, risk, and compliance (GRC) software designed to help businesses manage risk, ensure compliance, and improve governance practices. The platform offers tools for risk assessment, policy management, and compliance tracking, enabling businesses to stay on top of regulatory requirements and internal controls. BIC GRC includes features such as incident management, ... Read more about BIC GRC

Free Trial

Available

Pricing Type

$2100 Per user

Location

Germany

CreditorWatch is a comprehensive financial risk management software that helps businesses assess the creditworthiness of potential clients and manage financial risk. The platform provides access to real-time credit reports, enabling companies to monitor the financial health of their customers and suppliers. With features like credit scoring, debt collection management, and insolvency tracking, Cre... Read more about CreditorWatch

Free Trial

Available

Pricing Type

$55 Per month

Location

Australia

Sequoia One is a comprehensive PEO (Professional Employer Organization) software solution designed to streamline HR, payroll, and benefits management for small to mid-sized businesses. By offering a wide array of HR services under one roof, Sequoia One allows companies to outsource complex administrative tasks, enabling them to focus on core business activities. The software includes features for ... Read more about Sequoia One

Free Trial

NA

Pricing Type

Contact Vendor

Location

United States

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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.