---
description: Discover the most popular Free Risk Management Software tools and compare user ratings, pricing, features, and free demo versions.
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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. [Safety Champion](https://www.getapp.com.au/software/130547/safety-champion) — 4.8/5 (28 reviews) — Smart, affordable work health and safety management software
2. [WHS Monitor](https://www.getapp.com.au/software/2045183/whs-monitor) — 4.6/5 (11 reviews) — WHS Management doesn't need to be complex
3. [HSI Donesafe](https://www.getapp.com.au/software/109675/donesafe) — 4.8/5 (96 reviews) — Cloud-based EHS management tool for workplace safety.
4. [Tanium](https://www.getapp.com.au/software/2049841/tanium-endpoint-platform) — 4.2/5 (5 reviews) — Autonomous IT, driven by AI and real-time intelligence
5. [ecoPortal](https://www.getapp.com.au/software/133843/ecoportal) — 4.6/5 (53 reviews) — Environmental, health and safety (EHS) engagement software
6. [Sentrient](https://www.getapp.com.au/software/2046859/workplace-compliance-system) — 4.7/5 (10 reviews) — A Simple, Reliable Way To Unify Compliance, GRC, And HR.
7. [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
8. [Presight](https://www.getapp.com.au/software/2070665/presight) (0 reviews) — Barrier management solution for handling risks and safety.
9. [Essential ERM](https://www.getapp.com.au/software/113431/essential-erm) — 4.7/5 (26 reviews) — Cloud-based enterprise risk management software.
10. [Ketch](https://www.getapp.com.au/software/2080424/ketch) — 5.0/5 (1 reviews) — Data privacy and governance solution
11. [FraudNet](https://www.getapp.com.au/software/116911/fraud-net-guardian) — 4.8/5 (17 reviews) — Cloud-based solution for fraud detection.
12. [SafetyCulture](https://www.getapp.com.au/software/102403/iauditor) — 4.6/5 (354 reviews) — Cloud-based inspection tool for mobile inspections
13. [VelocityEHS](https://www.getapp.com.au/software/104315/velocityehs) — 4.4/5 (85 reviews) — Environment, Health, Safety (EHS) Management Software
14. [ManageEngine Log360](https://www.getapp.com.au/software/120875/log360) — 4.7/5 (26 reviews) — Log management and SIEM management solution
15. [Wrike](https://www.getapp.com.au/software/9964/wrike) — 4.4/5 (3023 reviews) — AI-powered work delivery platform
16. [SolarWinds Service Desk](https://www.getapp.com.au/software/1336/solarwinds-service-desk) — 4.6/5 (577 reviews) — IT Service Desk \& Asset Management Software
17. [KAWAK](https://www.getapp.com.au/software/2060913/kawak) — 4.6/5 (338 reviews) — Business management and document control solution
18. [Splunk Enterprise](https://www.getapp.com.au/software/122523/splunk) — 4.6/5 (262 reviews) — Machine data management and analytics
19. [Pirani](https://www.getapp.com.au/software/2040543/pirani) — 4.5/5 (212 reviews) — Business risk and compliance management software
20. [Carbonite](https://www.getapp.com.au/software/90986/carbonite) — 4.3/5 (172 reviews) — Internet based backup solution
21. [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
22. [Daruma](https://www.getapp.com.au/software/2054420/daruma) — 4.6/5 (137 reviews) — Software to automate quality management processes.
23. [Novara Flex](https://www.getapp.com.au/software/644355/kpa-ehs) — 4.8/5 (129 reviews) — Cloud-based EHS risk management tool for workplace safety.
24. [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
25. [EcoOnline](https://www.getapp.com.au/software/102745/ecompliance-safety) — 4.6/5 (123 reviews) — EcoOnline provides simple EHS, chemical and ESG software

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## Related Categories

- [EHS Management Software](https://www.getapp.com.au/directory/699/ehs/software)
- [Quality Management Systems](https://www.getapp.com.au/directory/144/quality-management/software)
- [Integrated Risk Management Software](https://www.getapp.com.au/directory/1759/integrated-risk-management/software)
- [Incident Management Software](https://www.getapp.com.au/directory/1415/incident-management/software)
- [GDPR Compliance Software](https://www.getapp.com.au/directory/1393/gdpr-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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