---
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 5](https://www.getapp.com.au/directory/246/risk-management/software?page=5)

# 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. [SiteConnect](https://www.getapp.com.au/software/2074381/siteconnect) — 4.3/5 (17 reviews) — Affordable Health \& Safety Software - for SMBs in NZ \& AU
2. [Auditrunner](https://www.getapp.com.au/software/2036007/auditrunner) — 4.6/5 (16 reviews) — Internal audit risk compliance quality management GRC GDPR
3. [BC in the Cloud](https://www.getapp.com.au/software/2037135/bc-in-the-cloud) — 4.6/5 (16 reviews) — Business continuity \& disaster recovery management platform
4. [Evotix](https://www.getapp.com.au/software/2055791/assure-2) — 4.7/5 (16 reviews) — Evotix - future-proof enterprise EHS\&S software.
5. [TheBrain](https://www.getapp.com.au/software/2072614/thebrain) — 4.7/5 (16 reviews) — Organize, Visualize and Share Knowledge.
6. [Vera EHS](https://www.getapp.com.au/software/119527/kpa-ehs-software) — 4.6/5 (15 reviews) — The comprehensive EHS management solution for dealerships.
7. [Fastcheck](https://www.getapp.com.au/software/2062603/fastcheck) — 4.5/5 (15 reviews) — Anti-Money Laundering Prevention
8. [COSHH365](https://www.getapp.com.au/software/2063013/coshh365) — 4.3/5 (15 reviews) — Manage chemical risk and prevent accidents in your workplace
9. [Netwrix Access Analyzer](https://www.getapp.com.au/software/2063296/stealthaudit-platform) — 4.5/5 (15 reviews) — Secure sensitive data and reduce the risk of a data breach
10. [Integrum](https://www.getapp.com.au/software/105481/integrum) — 4.1/5 (14 reviews) — Cloud-based QHSE risk \& compliance software for all sectors
11. [AlternativeSoft](https://www.getapp.com.au/software/2043411/alternativesoft) — 4.6/5 (14 reviews) — Investment management platform for fund managers
12. [Formica AI](https://www.getapp.com.au/software/2048922/formica-fraud) — 4.9/5 (14 reviews) — Formica Fraud is an Ai-powered solution for fighting fraud.
13. [Kodiak Hub](https://www.getapp.com.au/software/2064121/kodiak-hub) — 4.8/5 (14 reviews) — Supplier Relationship Management (SRM) Software
14. [flowdit](https://www.getapp.com.au/software/2071303/flowdit) — 5.0/5 (14 reviews) — Streamlining Quality, Empowering Compliance
15. [@RISK](https://www.getapp.com.au/software/2048871/risk) — 4.6/5 (13 reviews) — Advanced risk analysis software for Microsoft Excel.
16. [6clicks](https://www.getapp.com.au/software/2050147/6clicks) — 4.8/5 (13 reviews) — Free/limited user licensing. AI-powered. Integrated content.
17. [Sierra QMS](https://www.getapp.com.au/software/2050404/sierra-qms) — 4.9/5 (13 reviews) — Automate Regulatory Compliance and Speed Your Innovations\!
18. [Actio](https://www.getapp.com.au/software/2055636/actio) — 4.2/5 (13 reviews) — Business management with risk mitigation capabilities
19. [Hexiosec ASM](https://www.getapp.com.au/software/2062271/hexiosec-asm) — 4.8/5 (13 reviews) — Identify your vulnerabilities before the hackers.
20. [AdaptiveGRC](https://www.getapp.com.au/software/8159/adaptivegrc) — 4.8/5 (12 reviews) — Flexible. Interconnected. Comprehensive.
21. [Aeneis](https://www.getapp.com.au/software/2041731/aeneis) — 4.5/5 (12 reviews) — Aeneis is a tool for managing business processes
22. [Risk Ledger](https://www.getapp.com.au/software/2053219/risk-ledger) — 4.8/5 (12 reviews) — Supply Chain Risk Management
23. [Execview](https://www.getapp.com.au/software/2053343/execview) — 4.3/5 (12 reviews) — Project Portfolio Management Collaborative Tool
24. [itbid](https://www.getapp.com.au/software/2063787/itbid) — 4.6/5 (12 reviews) — innovating connects us
25. [Ariscu](https://www.getapp.com.au/software/2068109/ariscu) — 4.5/5 (12 reviews) — Value for money GRC assurance \& visualisation convenience

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Next: [Next page](https://www.getapp.com.au/directory/246/risk-management/pricing/free/software?page=6)

## 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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