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Risk Management Software

Risk Management software helps organizations reduce exposure to enterprise and operational risks, improving quality and minimizing losses through better management of data. These solutions track incidents, facilitate evaluation of corrective actions, monitor enterprise-level performance, and promote compliance. Business intelligence and exception management are typical features of Risk Management software. For related software solutions see Financial Risk Management software and Compliance software.

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1024 results

Cloud-based (SaaS) integrated risk management tool that helps handle controls, incidents, internal audits, compliance, and more. Learn more about Risk Hawk
Cloud-based integrated risk management tool that helps handle risks (ERM, IFC, ICFR, ORM), controls, incidents, policy management, Internal Audits, action plans, regulatory compliance, Third Party Risk Management, contract management, and more. Also available for on-premise installation. Supports single sign-on, bespoke workflow configurations & dashboards and guarantees high adoptability. Learn more about Risk Hawk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Oracle Fusion Cloud ERP is a cloud-based, end-to-end, business management solution designed for mid to enterprise-level customers. Learn more about Oracle Fusion Cloud ERP
Continuous change requires continuous innovation. Tomorrow’s leaders are those most capable of adapting to change today. Oracle Fusion Cloud ERP is a complete, modern, cloud ERP suite that provides your mid to enterprise-level teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage. Learn more about Oracle Fusion Cloud ERP

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Minimize risk, enhance safety programs, improve performance, and increase insights with Benchmark’s EHS software. Learn more about Benchmark Gensuite EHS
Award-winning, comprehensive, and integrated cloud-based Environment, Health & Safety (EHS) platform, configured and implemented in 3 months or less. Proven best practice-based EHS workflows, organically-developed, purpose-built modules, intuitive functionality, integrated Mobile, pre-built insights, reports, analytics, cutting-edge AI and advanced tech. Learn more about Benchmark Gensuite EHS

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Corporater Risk software helps identify and manage risk entity-wide, assign risk ownership, and conduct risk assessments and audits. Learn more about Corporater Business Management Platform
Corporater Risk Management solution consolidates all risk data into one central hub. Define risk areas that could pose a threat to the company’s existence across all departments, levels, and processes, and communicate them across your organization. Monitor key risk indicators (KRIs) and risk exposure across multiple departments and business units, conduct risk assessments, manage various types of risks, and report on risk mitigation controls measures. Suitable for medium and large organizations. Learn more about Corporater Business Management Platform

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Log360 is a comprehensive SIEM solution that helps you combat threats on premises, in the cloud, or in a hybrid environment. Learn more about ManageEngine Log360
Log360 is a SIEM solution that helps combat threats on premises, in the cloud, or in a hybrid environment. It also helps organizations adhere to several compliance mandates. You can customize the solution to cater to your unique use cases. It offers real-time log collection, analysis, correlation, alerting and archiving abilities. You can monitor activities that occur in your Active Directory, network devices, employee workstations, file servers, Microsoft 365, cloud services and more. Learn more about ManageEngine Log360

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
The high-performance and low-cost LEADER in enterprise fraud detection for the financial services & digital commerce sectors. Learn more about Fraud.net
Increase revenues and reduce fraud, affordably. Recognized in Gartner’s Market Guide for Online Fraud Detection, Fraud.net is a leading KYC/AML, fraud prevention and fraud detection platform for enterprises in the financial services and digital commerce sectors. Our powerful SaaS solution combines AI & deep learning, collective intelligence, rules-based decision engines, and streaming analytics to detect fraud in real-time, at scale. Request a demo today to learn more! Learn more about Fraud.net

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
HIPAA-compliant risk management software to streamline the process of identifying, assessing, and mitigating potential security risks. Learn more about Healthcare Compliance Software
Compliancy Group's HIPAA-compliant risk management software streamlines the process of identifying, assessing, and mitigating potential security risks to safeguard sensitive patient data. Get automated risk assessments, real-time monitoring, and comprehensive reporting. This software empowers healthcare providers to proactively address vulnerabilities and ensure continuous compliance with HIPAA standards, fostering a secure and trustworthy environment for both patients and stakeholders. Learn more about Healthcare Compliance Software

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
iDenfy is a global all-in-one fraud prevention platform. By combining artificial intelligence, biometric technology. Learn more about iDenfy
iDenfy is a global all-in-one fraud prevention platform. By combining artificial intelligence, biometric technology, and an in-house team of KYC experts, iDenfy helps prevent fraud and stay compliant while ensuring a user-friendly ID verification. Learn more about iDenfy

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
3E Protect provides immediate access to your chemical inventory and associated Safety Data Sheets (SDSs), 24-7-365. Learn more about 3E Protect
3E Protect from 3E provides immediate access to your chemical inventory and associated Safety Data Sheets (SDSs), 24-7-365. Rather than searching through multiple binders, spreadsheets or websites, unlimited users leverage the user-friendly interface to locate the SDS they need, in the jurisdiction and language required. You get instant internet access and unprecedented around-the-clock services and support with this highly efficient and affordable EHS solution. Anytime. Anywhere. Learn more about 3E Protect

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Safetica protects your data against insider threats and helps you to be compliant with regulations. Learn more about Safetica
Safetica provides easy-to-use on-prem and cloud-native data loss prevention and insider threat protection solutions that help organizations secure their data and ensure regulatory compliance. Safetica is a global software company founded in 2007, serving its customers in 120 countries globally, and provides data loss prevention and insider threat protection solutions. Safetica NXT (cloud-native) Safetica ONE (on-prem) Learn more about Safetica

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Wrike is a risk management platform with features such as time tracking tools, automated reports, authentication, and data encryption.
Wrike is a risk management platform used by more than two million people across 140 countries. Try Wrike's powerful software to manage your finances, reduce project risk, and increase profitability. Use time tracking tools to optimize your resources and ensure you stay within budget. Automate reports to gain valuable insights into your projects and identify any potential risk areas. Keep your data secure with enterprise-level security, including role-based access and authentication. Learn more about Wrike

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
SolarWinds Service Desk provides businesses of all sizes an easy to use and affordable ITSM solution that can easily scale with you.
SolarWinds Service Desk is a cloud-based, IT help desk solution that has helped organizations reduce cost per ticket by up to 15% and issue resolution time by up to 48% with smart ticket routing, automated workflows, and integrated asset management. This, plus an AI-powered knowledge base, can equip your employees with the resources needed to solve problems quickly. Set up can be done in days instead of months & can fit seamlessly into your business by integrating with 200+ cloud applications. Learn more about SolarWinds Service Desk

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Mitigate risk across the entire product life cycle. Record and follow-up on risk mitigation to track how well it’s working, if addition
Mitigate risk across the entire product life cycle. You can ensure everyone in the company uses the same definitions and thresholds for risk and that all risk management activities are recorded. Launch a risk assessment from anywhere in the QMS. Record and follow-up on risk mitigation to track how well it’s working, if additional mitigation is needed, and if additional risks have emerged. Learn more about MasterControl Quality Excellence

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
AuditBoard transforms how audit, risk, and compliance professionals manage today’s risk landscape with a modern, connected platform.
AuditBoard is the leading cloud-based platform transforming audit, risk, and compliance management. More than 40% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the third year in a row as one of the fastest-growing technology companies in North America by Deloitte. Learn more about AuditBoard

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Quality management software. Users can manage tasks, documents, risks, strategic planning, audits, teams and more. ISO - Compliance.
Quality management software. Users can manage tasks, documents, risks, strategic planning, audits, teams and more. ISO - Organización Internacional de Normalización standard compliance. kawak software, simple and effective. Manage processes easily and meet legal requirements, ISO, managers, risks, etc. kawak® has 450 features and 25 integrations. Our purpose is to facilitate your work so that you have a balance of life. Contact us www.kawak.net Learn more about KAWAK

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Search, analyze, and visualize data from your entire data ecosystem. Monitor, alert, and report on your operations to drive resilience.
Splunk is the key to enterprise resilience. Trusted by the world’s leading organizations to keep their digital systems secure and reliable, Splunk can prevent major issues, absorb shocks, and accelerate transformation. With visibility into all your digital systems, you can respond to incidents before they have bigger business impacts. Take the next steps to make your organization more resilient with the all-in-one unified security and observability platform. Learn more about Splunk Enterprise

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
SafetyCulture (iAuditor) is a simpler way to get the information you need to drive safety, quality, and efficiency all in one place.
SafetyCulture (iAuditor) is used to improve operational efficiency by providing companies with tools to identify, assess, and prioritize risks. This allows organizations to focus on the most critical risks and allocate resources more effectively, ultimately reducing the potential impact of risks on operations. With our platform, business leaders will be able to easily identify and manage potential compliance issues, reduce legal risks, and take proactive steps to mitigate risk. Learn more about SafetyCulture

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Sign In Solution's low-code, sign-in visitor management solution offers health screening, risk alerting and more.
Sign In Solutions is the next generation of Visitor Management platform, offering transformative solutions to manage visitors, ensure compliance, mitigate risks, and optimize workplace operations. Our visitor management system streamlines registration, check-in, and authorization processes, while our facility management tools streamline room booking, resource allocation, and asset management. We prioritize security with our advanced risk mitigation measures, including health and safety protocols, emergency messaging, and robust analytics for thorough auditing. Sign In Solutions aims to deliver organizations a smooth visitor experience, heightened operational efficiency, and enhanced safety and security measures for the enterprise business. Learn more about Sign In Solutions

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Industry-leading data protection helps businesses of all sizes through data encryption, compliance, file management and cloud backup.
Industry-leading data protection system which helps businesses of all sizes through data encryption, compliance, file management and cloud backup. Protect against accidental deletion, theft, hardware failure, and data corruption. Restore data following a ransomware attack without paying ransom and retain business data to meet compliance requirements. Automatic backup, with award winning support makes data protection seamless. Learn more about Carbonite

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Ideagen Quality Management eliminates bureaucracy, automates and streamlines business processes to achieve standards and reg compliance
Ideagen Quality Management is a quality and compliance management system which helps organizations automate business processes, control documents and comply with industry specific standards and regulations. The solution provides a single source of truth for all relevant documentation and activities associated with the quality process. Modules include: Documents, Audits, Issues, Risks, Training, Assets, Interested Parties, Law plus a specialized edition for Food and Beverage quality management. Learn more about Ideagen Quality Management

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Continuously assess and proactively mitigate data security risks.
Netwrix Auditor is a visibility platform for user behavior analysis and risk mitigation that enables control over changes, configurations and access in hybrid IT environments to protect data regardless of its location. The platform provides security intelligence to identify security holes, detect anomalies in user behavior and investigate threat patterns in time to prevent real damage. This intelligence is delivered across the most critical on-premises and cloud IT systems in a unified way. Learn more about Netwrix Auditor

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Nintex Promapp provides an intuitive online, process mapping tool, that supports the development of more efficient ways to work.
Organizations that are looking to minimize their risk to maximize their reward, use Nintex Promapp® to establish total visibility and control over processes. With the risk and compliance add-on that supports ISO compliance, regular and required audits are no longer a point of stress for teams. Nintex Promapp provides an intuitive online, process mapping tool, that supports the development of smarter and more efficient ways to work. Learn more about Nintex Promapp

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Always hot, S3 compatible object storage built to host content, build & run applications, manage media, back up, archive & protect data
Backblaze B2 is S3 compatible cloud object storage built purposefully to unlock budgets, unburden administrators, and unleash innovators. Delivering performance at 1/5 the cost including free egress up to 3x monthly storage. Together with technology partners, Backblaze B2 helps customers break free from restrictive, overpriced legacy providers that hold them back, and blaze forward with the full power of the open cloud in their hands. Learn more about Backblaze B2 Cloud Storage

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Manage all aspects of your EHS program: conduct inspections, assign tasks, manage training, inspect equipment, analyze trends and more.
KPA Flex is an all-in-one cloud-based safety management software platform designed the help organizations quickly establish and implement a comprehensive safety program, make data-driven decisions, and take real-time action to keep employees safe and compliant. As a leader in the space, the platform is known for being easy-to-use, continuously configurable, and built on 30+ years of industry expertise. Learn more about KPA Flex

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software
Daruma computerizes and automates quality management and improvement processes in companies according to the quality standards.
Daruma is a software that computerizes and automates quality management and continuous improvement processes. Based on the international standards like ISO 9001:2015 and others, Daruma has been designed to save time and optimize processes to implement an integrated management system. It also brings together and centralizes all the necessary documentation related to quality, structuring it to facilitate business decision-making. Learn more about Daruma

Features

  • Audit Management
  • Compliance Management
  • Corrective and Preventive Actions (CAPA)
  • Internal Controls Management
  • Business Process Control
  • Risk Scoring
  • Risk Analysis
  • Audit Trail
  • Risk Alerts
  • Reporting/Analytics
  • Incident Management Software
  • Document Management Software

Risk Management Software Buyers Guide

What is risk management software?

Risk management software is a tool for businesses to identify risk tolerance and take appropriate measures to mitigate such situations. The software offers tools to document corporate governance, risk, and compliance tasks as well as ensure that these elements align with the business objectives. 

The key features of the software include risk identification, risk assessment, mitigation planning, reporting, and preventive action planning.

Gartner defines integrated risk management as “a set of practices and processes supported by a risk-aware culture and enabling technologies that improve decision making and performance through an integrated view of how well an organization manages its unique set of risks”.

Risk management software helps organizations measure the level of risk in ongoing projects and processes, and then generate meaningful insights as well as an action plan.

The benefits of risk management software

  • Mitigate risks and address threats in a timely fashion: The sole purpose of risk management software is to identify threats and address those well within time. Unaddressed issues can result in project failure as well as scenarios that generate negative publicity or damage the brand. The software would ensure that your projects, processes, or audits follow the guidelines. Leaders can intervene as soon as they detect a change from the regular course of action and make early moves to mitigate the risk.
  • Create a risk-aware culture: The software can also maintain a risk register, which includes in-depth details about the risk, its indicators, impact, and the actions required to avoid/minimize it. An organized database helps businesses train employees on the risks, the impact, and the preventive actions to be taken. This helps in creating a workforce that’s more risk aware and trained to operate systematically.
  • Risk prioritization and assignment: No two risks have the same impact level. The software assesses the risk and assigns relevant scores to each risk. This helps businesses prioritize risks and escalate it to the concerned stakeholders. It saves the time taken to resolve the issue and ensures that the impact is minimal.

Typical features of risk management

  • Risk assessment: Assigns scores and ratings to risks or classifies issues based on multiple factors. Aggregates all the risk scores and categories from each assessment to create the business's risk register.
  • Dashboard: Sets and assigns key risk indicators (KRIs) and monitors these live on an interactive visual display. 
  • Alerts/Notifications: Allows you to set and configure alerts for critical events and receive notifications in case of a breach or failure.
  • Risk reporting: Defines and records the KRIs that measure the efficiency of a risk management program in a defined format. 
  • Compliance management: Ensures that risk management processes meet all the necessary regulatory compliance by defining and tracking processes and rules.
  • Auditing: Provides reports and tracks the status of risks and incidents to ensure accurate internal and external audits, so that businesses are always compliant.

Considerations when purchasing risk management

  • Define your expectations from the software: Risk management software offers broad functionality—from project risk management to financial risk management. Each type of software has its own set of key functionalities. Buyers should list their expectations from the software and then begin their search.
  • Plan for your budget: The software isn’t cheap—ranging from a few hundred to thousands of dollars per year. The advanced features cost more. Therefore, plan a budget and shortlist suitable vendors. We recommend shortlisting solutions that can meet the needs of your long-term business strategy.
  • Cognitive intelligence to augment traditional decision making: Advancement in cognitive technologies, artificial intelligence (AI), and real-time data analytics have advanced the scope of risk management. These smart machines can detect, predict, and prevent risks by self-learning and self-managing the defences against old and new threats. For instance, Warwick Analytics’ early warning and prevention system looks hours, days, and months ahead to predict when and how products in the field (such as aircraft and vehicles) will require maintenance. Identifying the root causes of failure helps them take corrective actions such as remanufacturing and redesigning products.
  • Risk management to be tied up with employee performance: These days, managers consider risk in terms of an employee’s ability to innovate current workflows. As risks are now measurable, the software allows businesses to relate risk with the desire to innovate existing processes. They can then create a balance between risks and rewards. This new strategy will encourage employees to make risk-informed decisions.