---
description: Discover the most popular Free Risk Management Software tools and compare user ratings, pricing, features, and free demo versions.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png
title: Top Free Risk Management Software Applications and Tools | GetApp Australia 2026
---

Breadcrumb: [Home](/) > [Free Risk Management Software](https://www.getapp.com.au/directory/246/risk-management/software)

# Risk Management Software

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> Risk Management Software is an enterprise solution used by project managers, risk managers, and other professionals to identify and keep track of potential risks, mitigation measures, and residual risks. They involve managing a risk register based on analytics and projections, setting up controls and barriers to reduce risk and avoid crises, and monitoring the effects of mitigation measures. IT experts can use risk management platforms to detect and eliminate hardware and software vulnerabilities, prevent errors and malicious attacks, and ensure legal compliance. In the field of information security management (ISM), such software can help develop and implement procedures to ensure the integrity and confidentiality of information in compliance with ISO/IEC27002, GDPR, or other regulations. Risk Management Software can identify staffing gaps, reputation damage, and additional staffing risks in HR management. It can be used by upper management to draft forecasts and make year-on-year (YoY) comparisons. Enterprise risk management software for professionals can benefit companies by replacing local silos with centralised data collection, incorporating risks and dependencies into risk assessments using analytics, prioritising responsibilities, improving quality assurance and compliance measures, monitoring processes in real-time, and simultaneous reporting to ensure fast responses to change. Third-party vendor risk management software gathers and manages vendor or supplier risk data to protect companies from issues such as data breaches or noncompliance. This software assesses, monitors, and mitigates all risks that may negatively impact the company and vendor relationship. Typical features of credit risk management software include transparent and easily accessible activity dashboards, risk reporting, analytics and reporting features, and other risk assessment models. Risk management tools can be used in a variety of settings. So, they can relate to environment, health, and safety software (EHS software) in how they manage workplace safety. They could also be associated with Quality Management Software and Compliance Software in terms of helping enterprises keep their IT operations compliant or Financial Risk Management Software by helping to implement internal protocols.

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## Products

1. [myosh Safety Management Software](https://www.getapp.com.au/software/2077417/myosh-safety-management-software) — 4.4/5 (5 reviews) — Configurable HSE platform: 50+ modules, Bowtie/CCM \& AI
2. [HSI Donesafe](https://www.getapp.com.au/software/109675/donesafe) — 4.8/5 (96 reviews) — Cloud-based EHS management tool for workplace safety.
3. [WHS Monitor](https://www.getapp.com.au/software/2045183/whs-monitor) — 4.6/5 (11 reviews) — WHS Management doesn't need to be complex
4. [Safety Champion](https://www.getapp.com.au/software/130547/safety-champion) — 4.8/5 (28 reviews) — Smart, affordable work health and safety management software
5. [VelocityEHS](https://www.getapp.com.au/software/104315/velocityehs) — 4.4/5 (85 reviews) — Environment, Health, Safety (EHS) Management Software
6. [Progress MOVEit](https://www.getapp.com.au/software/107517/moveit) — 4.7/5 (96 reviews) — Move enterprise file data securely and efficiently.
7. [FraudNet](https://www.getapp.com.au/software/116911/fraud-net-guardian) — 4.8/5 (17 reviews) — Cloud-based solution for fraud detection.
8. [Essential ERM](https://www.getapp.com.au/software/113431/essential-erm) — 4.7/5 (26 reviews) — Cloud-based enterprise risk management software.
9. [Presight](https://www.getapp.com.au/software/2070665/presight) (0 reviews) — Barrier management solution for handling risks and safety.
10. [Ketch](https://www.getapp.com.au/software/2080424/ketch) — 5.0/5 (1 reviews) — Data privacy and governance solution
11. [ecoPortal](https://www.getapp.com.au/software/133843/ecoportal) — 4.6/5 (53 reviews) — Environmental, health and safety (EHS) engagement software
12. [Wrike](https://www.getapp.com.au/software/9964/wrike) — 4.4/5 (3038 reviews) — AI-powered work delivery platform
13. [SolarWinds Service Desk](https://www.getapp.com.au/software/1336/solarwinds-service-desk) — 4.6/5 (577 reviews) — IT Service Desk \& Asset Management Software
14. [Mitti (by SafetyCulture)](https://www.getapp.com.au/software/102403/iauditor) — 4.6/5 (355 reviews) — Cloud-based inspection tool for mobile inspections
15. [KAWAK](https://www.getapp.com.au/software/2060913/kawak) — 4.6/5 (344 reviews) — Business management and document control solution
16. [Splunk Enterprise](https://www.getapp.com.au/software/122523/splunk) — 4.6/5 (264 reviews) — Machine data management and analytics
17. [Pirani](https://www.getapp.com.au/software/2040543/pirani) — 4.5/5 (217 reviews) — Business risk and compliance management software
18. [Netwrix Auditor](https://www.getapp.com.au/software/108743/netwrix-auditor) — 4.5/5 (212 reviews) — Ease the burden of IT auditing
19. [Carbonite](https://www.getapp.com.au/software/90986/carbonite) — 4.3/5 (172 reviews) — Internet based backup solution
20. [D\&B Finance Analytics](https://www.getapp.com.au/software/133571/d-b-finance-analytics) — 4.5/5 (137 reviews) — Credit risk management software with predictive analysis
21. [Daruma](https://www.getapp.com.au/software/2054420/daruma) — 4.6/5 (137 reviews) — Software to automate quality management processes.
22. [Novara Flex](https://www.getapp.com.au/software/644355/kpa-ehs) — 4.8/5 (130 reviews) — Cloud-based EHS risk management tool for workplace safety.
23. [QT9 QMS](https://www.getapp.com.au/software/105047/qt9-quality-management) — 4.8/5 (124 reviews) — Fully Validated QMS for Compliance and Quality Automation
24. [EcoOnline](https://www.getapp.com.au/software/102745/ecompliance-safety) — 4.6/5 (123 reviews) — EcoOnline provides simple EHS, chemical and ESG software
25. [Teramind](https://www.getapp.com.au/software/105327/teramind) — 4.7/5 (107 reviews) — Employee Monitoring, UAM, ITM \& IRM, DLP, and Compliance.

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## Related Categories

- [Incident Management Software](https://www.getapp.com.au/directory/1415/incident-management/software)
- [EHS Management Software](https://www.getapp.com.au/directory/699/ehs/software)
- [Governance, Risk and Compliance (GRC)](https://www.getapp.com.au/directory/251/governance-risk-compliance-grc/software)
- [Integrated Risk Management Software](https://www.getapp.com.au/directory/1759/integrated-risk-management/software)
- [Audit Software](https://www.getapp.com.au/directory/470/audit-compliance/software)

## Links

- [View on GetApp](https://www.getapp.com.au/directory/246/risk-management/software)
- [All Categories](https://www.getapp.com.au/directory)

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