---
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
---

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# 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. [Emex EHS & ESG Software](https://www.getapp.com.au/software/103183/emex) — 4.7/5 (11 reviews) — Safety, sustainability and compliance. Simplified.
2. [AwareGO](https://www.getapp.com.au/software/128655/awarego) — 4.5/5 (11 reviews) — Security awareness training for employees
3. [daisee](https://www.getapp.com.au/software/132523/lisa) — 4.5/5 (11 reviews) — AI-enabled speech \& semantic analytics software
4. [Cloud Claims](https://www.getapp.com.au/software/2006051/cloud-claims) — 4.7/5 (11 reviews) — Incident-oriented, claims-focused RMIS
5. [Phinity](https://www.getapp.com.au/software/2048454/phinity) — 4.5/5 (11 reviews) — Automating peace of mind
6. [Feedzai](https://www.getapp.com.au/software/2051083/feedzai) — 4.7/5 (11 reviews) — Cloud-based financial risk assessment and management tool
7. [consentmanager](https://www.getapp.com.au/software/2054910/consent-management-provider-cmp) — 4.1/5 (11 reviews) — A cookie consent solution for website operators.
8. [PackHedge](https://www.getapp.com.au/software/2080542/packhedge) — 4.9/5 (11 reviews) — Portfolio management and accounting analysis software
9. [ISO2HANDLE](https://www.getapp.com.au/software/2036747/iso2handle) — 4.3/5 (10 reviews) — We give superpowers to quality and risk managers.
10. [SecurityScorecard](https://www.getapp.com.au/software/2052064/securityscorecard) — 4.5/5 (10 reviews) — The global leader in cybersecurity ratings
11. [Cyberday](https://www.getapp.com.au/software/2056630/cyberday) — 4.6/5 (10 reviews) — Your ISMS for cyber compliance and defence management
12. [iDenfy](https://www.getapp.com.au/software/2064321/idenfy) — 4.7/5 (10 reviews) — Cloud-based ID verification tool
13. [Centralpoint](https://www.getapp.com.au/software/111983/centralpoint) — 4.6/5 (9 reviews) — Digital experience platform \& content management solution
14. [BIC GRC](https://www.getapp.com.au/software/118011/bic-cloud-grc) — 4.9/5 (9 reviews) — Governance, risk and compliance management software platform
15. [Security Event Manager](https://www.getapp.com.au/software/121143/security-event-manager) — 4.7/5 (9 reviews) — SIEM solution for small to large organizations
16. [EQS Integrity Line](https://www.getapp.com.au/software/2048171/eqs-integrity-line) — 4.8/5 (9 reviews) — Integrated risk and incident management software
17. [Mission Control](https://www.getapp.com.au/software/2048718/mission-control) — 4.8/5 (9 reviews) — Leading PSA and Project Management SaaS
18. [CURA](https://www.getapp.com.au/software/2050110/cura-assessor) — 4.7/5 (9 reviews) — Governance, risk, and compliance (GRC) software
19. [FACT24](https://www.getapp.com.au/software/2059479/fact24) — 4.4/5 (9 reviews) — Comprehensive crisis management and emergency alert system
20. [Titan](https://www.getapp.com.au/software/2060904/titan) — 4.7/5 (9 reviews) — Cloud-based platform to help with Document Control.
21. [Iristrace](https://www.getapp.com.au/software/2066224/iristrace) — 4.7/5 (9 reviews) — Helping great brands deliver on their promise
22. [Camms GRC](https://www.getapp.com.au/software/109143/cammsrisk) — 4.6/5 (8 reviews) — Cloud-based GRC platform for risk and assurance.
23. [S2Vendor](https://www.getapp.com.au/software/114611/vendefense) — 4.9/5 (8 reviews) — Solutions to secure your information
24. [Zazoon](https://www.getapp.com.au/software/2065798/zazoon) — 4.9/5 (8 reviews) — GRC automation tool
25. [ISMS.online](https://www.getapp.com.au/software/2067777/isms-online) — 4.5/5 (8 reviews) — Compliance and risk management 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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