---
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) > [Page 3](https://www.getapp.com.au/directory/246/risk-management/software?page=3)

# 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. [Effivity](https://www.getapp.com.au/software/102763/myeasyiso) — 4.6/5 (56 reviews) — ISO 9001 Quality Management System Software
2. [OneTrust](https://www.getapp.com.au/software/2040903/onetrust) — 4.3/5 (56 reviews) — Helping governance professionals to be AI-ready.
3. [Fusion Framework System](https://www.getapp.com.au/software/130515/fusion-framework-system) — 4.5/5 (51 reviews) — Cloud-based risk management tool for business continuity.
4. [GRC Toolbox](https://www.getapp.com.au/software/2061329/grc-toolbox) — 4.9/5 (50 reviews) — Where govenance, risk and compliance meet for success
5. [Quentic](https://www.getapp.com.au/software/111431/quentic) — 4.7/5 (49 reviews) — Unified HSE management system for compliance regulation
6. [Granite Risk Management](https://www.getapp.com.au/software/2054557/granite-risk-management) — 4.3/5 (47 reviews) — Rock-solid GRC platform for mid-sized companies
7. [Novasec GRC](https://www.getapp.com.au/software/2060263/novasec-ms) — 4.5/5 (42 reviews) — Governance, risk and compliance (GRC) management solution
8. [Risk Hawk](https://www.getapp.com.au/software/2061241/risk-hawc) — 4.7/5 (42 reviews) — Risk, compliance and audit management software
9. [IntegrityNext](https://www.getapp.com.au/software/109593/integritynext) — 4.4/5 (41 reviews) — Supply Chain Sustainability
10. [Openli](https://www.getapp.com.au/software/2038339/legal-monster) — 4.8/5 (40 reviews) — Cloud-based vendor and compliance management software.
11. [Cargosnap](https://www.getapp.com.au/software/2042483/cargosnap) — 4.7/5 (39 reviews) — Scan, Snap, Share. All your cargo data in one place.
12. [FORM OpX](https://www.getapp.com.au/software/103131/form-com) — 4.5/5 (36 reviews) — The Digital Assistant for the Frontline
13. [Process360 Live](https://www.getapp.com.au/software/131011/igrafx) — 4.7/5 (36 reviews) — Transform Process Into Advantage
14. [Unitrends Backup](https://www.getapp.com.au/software/124151/unitrends-enterprise-backup) — 4.7/5 (35 reviews) — Data backup, recovery and protection solution
15. [Accountable](https://www.getapp.com.au/software/101341/accountable) — 4.8/5 (34 reviews) — HIPAA Compliance, Made Easy.
16. [Runecast](https://www.getapp.com.au/software/118615/runecast-analyzer) — 4.9/5 (34 reviews) — AI-powered platform for Security and Compliance
17. [Falcony](https://www.getapp.com.au/software/105489/audits-dot-io) — 4.7/5 (33 reviews) — Cloud-based inspection and observation reporting platform.
18. [Vanta](https://www.getapp.com.au/software/2036075/vanta) — 4.2/5 (33 reviews) — Cloud-based audit solution for compliance.
19. [ZilicusPM](https://www.getapp.com.au/software/90394/zilicuspm) — 4.6/5 (31 reviews) — Web-based Project Management \& Collaboration Software.
20. [Billy](https://www.getapp.com.au/software/2052217/billy-1) — 4.7/5 (31 reviews) — Insurance tracking and compliance management software
21. [modONE](https://www.getapp.com.au/software/2071462/modone) — 4.9/5 (31 reviews) — Mission control for your safety program.
22. [Aptien](https://www.getapp.com.au/software/101939/aptien) — 4.8/5 (30 reviews) — Employee management and office collaboration suite
23. [Deltek PPM](https://www.getapp.com.au/software/2062738/deltek-project-portfolio-management-ppm) — 4.2/5 (29 reviews) — Cloud-based solution for project portfolio management.
24. [DataPolicy](https://www.getapp.com.au/software/2041059/datapolicy) — 4.8/5 (28 reviews) — Regulatory management software with real-time warnings
25. [HITGuard](https://www.getapp.com.au/software/2044319/hitguard) — 4.9/5 (28 reviews) — Risk, Audit, GDPR, ICS \& Compliance SaaS Solution

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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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